Prime investment opportunity with this fully remodeled fourplex at 3042 MLK. This property boasts modern amenities and generates a substantial monthly cash flow of $14,590 from four occupied units. Located directly across from Ashby BART, this commuter's dream offers easy access to Oakland and San Francisco. It's also within walking distance to Berkeley Bowl and just a 10-minute bike ride to UC Berkeley. The unit mix includes a 4BD/2BA, a 3BD/2BA, a 2+BD/1BA, and a studio. This complete remodel, thoughtfully designed by local architects Sidell Pakravan, features a new foundation, Andersen windows, updated plumbing and electrical systems, central heating, active ventilation, stainless steel appliances, in-unit washers and dryers, and a new sewer lateral. With upcoming mixed-use development and new housing projects planned across the street, this property is poised for future growth and appreciation. The seller may also consider carrying a small second mortgage up to 10% LTV. See attached Video https://vimeo.com/857507511?share=copy
Opportunity Knocks!!!! Fantastic fixer-upper, this south Berkeley duplex offers endless possibilities for renovation, updating, and customization; allowing you to design a space that perfectly suits your needs and style. With two separate units, you have the flexibility to live in one unit while renting the other or transform both units into income-generating property. Upstairs unit is currently vacant, offering you the freedom to renovate, Downstairs unit is owner-occupied, but soon to be vacant. Downstairs has nice size living room and formal dining room, 3 bedrooms, 3 baths, laundry room and a bonus room, The upstairs unit has 3 bedrooms and 1 bath and a bonus room. The property features a backyard, perfect for outdoor gatherings or gardening, off street parking for 2 tandem cars in driveway, Prime Location: Convenience: Close to major freeways, shopping, parks, and local amenities Walkability: enjoy easy access to nearby attractions Cycling-Friendly: perfect for cyclists! Transit Accessibility:
Compass Commercial is thrilled to present 1507 Prince Street In Berkeley, a property that has undergone recent renovations, bringing it up to modern standards. The two-story mixed-use building, a detached Victorian-style home, and a gated parking lot now feature 13 units, four ground-floor retail spaces, and nine residential units across two buildings. Seven of the apartment units have one bedroom and one bathroom, one unit has two bedrooms and one bathroom, and the detached home boasts four bedrooms and two bathrooms. The gated parking lot offers approximately five spaces, making it a convenient feature for residents. 1507 Prince Street is ideally situated in the vibrant South Berkeley neighborhood, offering a wealth of amenities within easy reach. Residents can enjoy the proximity to parks, restaurants, shops, and public transportation. The property is also conveniently located near multiple freeways and public transportation, making it easy to get around. Downtown Berkeley and UC Berkeley are just a few minutes away, adding to the property's appeal.
Explore the exciting potential of this Berkeley fourplex, a cosmetic fixer-upper with excellent investment opportunities. Each unit offers its own unique charm and the potential for updates, as well as the potential for growing rents. The property features a generous backyard, ideal for outdoor enjoyment or possible enhancements. Ideally located, it’s within walking distance to a local school and just a short drive from a variety of dining options, shopping centers, and major freeways. This fourplex blends space and convenience, making it a valuable find for both investors and those looking to create their ideal living situation. All Units are currently occupied, as is, with tenants in place.
Discover a rare chance to own a stunning 8-unit building in one of Berkeley's most desirable neighborhoods! This well-maintained property exudes pride of ownership and is set on a generous lot that features five reserved parking spots and a convenient community laundry area. Each of the 8 units offers spacious 2-bedroom, 1-bathroom layouts, perfect for a variety of tenants. Several units have been tastefully updated, adding modern touches while retaining their classic charm. Additionally, the property includes a non-conforming manager's unit, providing extra flexibility for onsite management or additional rental income*. Some units also have additional storage and balconies. This is not just an investment; it’s an opportunity to be a part of the rich tapestry of Berkeley, a city known for its eclectic mix of cultures, progressive spirit, and unparalleled intellectual vibrancy. Don’t miss your chance to own a fabulous building in this iconic city—opportunities like this are truly one-of-a-kind! Cap Rate of 6% - Huge upside potential. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information. Buyer must conduct their own investigation with the city and appropriate boards and rely solely on that investigation.
2930 Adeline Street is a 14-unit multifamily asset in a prime South Berkeley location steps from the Ashby BART station. This well-maintained property features a desirable unit mix, consisting of eleven (11) 1-bedroom, 1-bathroom units, and three (3) studio units, making it an attractive option for a variety of tenants. Features include secured gated access, dual pane vinyl windows, and five (5) off-street parking spaces. Tenants will also enjoy the shared yard designed by Professor Owen Lang and his team of students from the Academy of Art. The property’s ideal location will ensure vacancy is kept to a minimum and cash flow strong. Don't miss out on this exceptional opportunity to acquire a stabilized multifamily asset with strong in-place income in one of Berkeley's most sought after areas.
Excellent opportunity to own this duplex in Berkeley California. Addresses 2057-2065 Emerson Street. Property is selling in its present condition with one tenant and the other unit will be delivered vacant at the close of escrow. If one has an eye for remodeling and renovating, this duplex can be restored to an architectural masterpiece. Duplex features 2 bedrooms 1 bath on the first floor, 2 bedrooms 1 bath on the second floor and third floor has a large bonus area that consist of three bedrooms 1 bath and a kitchen purchased like that, two cars detached garage, with a long driveway to fit many extra cars, nice size back yard for family gatherings. Centrally located and in close proximity to University of California Berkeley, Bay area rapid transit, Ashby station (BART), major freeways (880, 580), hiking trails, hospital, farmers market, Whole foods, restaurants, shopping, the bay area and property is also close to San Francisco and Oakland California. Buyers please do not miss this opportunity to purchase this duplex. Please do not disturb the occupants. Shown by appointment only after an offer has been fully accepted with nothing to lose to qualified, serious and committed buyers, due to not disturbing occupant's quiet enjoyment due to the many inquiries.
The median home value in Berkeley, CA is $1,320,600. This is higher than the county median home value of $1,034,400. The national median home value is $338,100. The average price of homes sold in Berkeley, CA is $1,320,600. Approximately 38.75% of Berkeley homes are owned, compared to 50.97% rented, while 10.28% are vacant. Berkeley real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Berkeley real estate agent to arrange a tour today!
Berkeley, California 94703 has a population of 119,607. Berkeley 94703 is less family-centric than the surrounding county with 30.73% of the households containing married families with children. The county average for households married with children is 36.75%.
The median household income in Berkeley, California 94703 is $97,834. The median household income for the surrounding county is $112,017 compared to the national median of $69,021. The median age of people living in Berkeley 94703 is 32.1 years.
The average high temperature in July is 71.6 degrees, with an average low temperature in January of 43.6 degrees. The average rainfall is approximately 25.5 inches per year, with 0 inches of snow per year.