PROPERTY DESCRIPTION

Located just three blocks from UC Berkeley's campus, Crest Royal's studio, one-bedroom and two-bedroom apartments come with full clean, updated kitchens and bathrooms with many units offering eat-in kitchens and large private balconies. Built in 1964, the property offers an irreplaceable, infill location just steps from the beating heart of the city of Berkeley- the University of California at Berkeley. Residents benefit from better than 1:1 parking and an abundance of storage options in addition to a communal central atrium that functions as an open-air lounge area. In addition to immediate proximity to UC Berkeley, the property's location north of campus is just a few blocks from Berkeley's Gourmet Ghetto'' - home to the world-renowned Chez Panisse which was at the vanguard of California Cuisine'' and the farm-to-table movement. The neighborhood is home to the first Peet's Coffee location, Cheeseboard Collection and a plethora of other succulent dining options. The community's well-appointed unit interiors provide variable paths for adding value to the investment. Higher student and resident density coupled with reconfiguration could translate to a durable improvement in income growth.