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Additional details
Listed by Devin Ratoosh, DRE #01820096 • Red Oak Realty
$1,995,000
Est. payment /mo
5 Beds
4 Baths
3,772 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 3,772 sqft
Price per Sqft $528
MLS Listing ID EB41129267
Bedrooms 5
Year Built 1913
Lot Size 6,750 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
Well-maintained six-unit apartment building on a tree-lined block near UC campus and downtown. Built in 1913 and updated throughout, the property features a two-story main building with four units plus two detached cottage-style units fronting a shared flagstone courtyard with lovely landscaping. Interiors have been renovated with granite countertops, stainless steel appliances, modern cabinetry, tiled bathrooms, and refinished hardwood and laminate flooring. The rear cottages offer separate entries, private exterior patios, and covered porch access off the landscaped garden. Major building systems have also been addressed: the main building sits on a modern steel-reinforced concrete foundation with substantial seismic bracing, rear units have also had structural updating. Other practical updates include a recent composition shingle roof, and updated electrical wiring and plumbing. Four of six units are delivered vacant, giving a buyer immediate control over lease-up at market rents or the option to live together with close friends or family. Projected stabilized gross income of $175,800 annually. Home Energy Score of 5.
Location
State CA
County Alameda
Area Berkeley Map Area 7
Interior
Heating Gas, Wall Furnace
Cooling None
Flooring Tile, Wood
Laundry In Closet, Laundry Area - In Unit, Hookup - Washer/Dryer , Washer, Dryer
Exterior
Exterior Feature Siding - Wood
Garage Spaces 6.0
Roof Type Composition
Building
Lot Description Grade - Level
Others
Tax ID 55-1899-8
Special Listing Condition Not Applicable
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