Description
Great opportunity! A truly remarkable fourplex with 4 enormous flats on a huge level lot nestled in the heart of the famous Berkeley Gourmet District (Chez Panisse, Cheeseboard Collective, Original Peet's), located 2 blocks north of the UC Berkeley Campus and 4 blocks east of bustling Shattuck Ave. Each unit is approx 1,000 square feet, with separate large living room, formal dining room, big bedroom, breakfast nook, and formal entry halls. The larger-than-average units will always be in strong demand with a large, rotating pool of student renters willing to pay top-dollar to get the most from their collegiate experience. Lot is 6,250 square feet, enough space for possible ADU or additional units. It’s paradise! UC campus, BART, and a myriad of fine Berkeley cuisine are all just a stone’s throw away. With a WalkScore of 97 and BikeScore of 93. All the units will be vacant by 7/31/2025. This ideal geographic location means the new owner can command monthly rents higher than average in Berkeley’s rental market. Current occupants generate an impressive amount of cash flow (approximately $20,000 per month, all UCB students)and that number is poised to increase.
Property Details
- Lot DescriptionFrontYard
Measurements
- Acres0.1435
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1920
Utilities / Energy Details
- Sewer InformationPublicSewer
Community and Neighborhood Details
- CountyAlameda
Financial Details
- Original List Price$2,699,999
Other
- MLS #41076991
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Xiuju Sun (#BMLS-R01945799)
Listing Office: Compass (#BMLS-OBOALNP 03)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
