Courtesy of Xiaodong Xu, The Agency
Property Description
Vacant property at COE! This exceptional Berkeley Students Housing seamlessly blends historic charm with lucrative investment potential, offering a unique opportunity for both investors and owner-occupants in a prime location just minutes from UC Berkeley campus and the Downtown Berkeley. The expansive lot features two classic brown shingle buildings: a rear single family home featuring 4b2b, a front quadplex with one 4b2b, one 3b1b, two 2b1b units, fully leased with impressive $21,000 per month, with the added potential to build an ADU for even greater returns. Surrounded by mature trees, fruit trees, and vibrant greenery, the property exudes a peaceful ambiance while being steps away from the Gourmet Ghetto’s dining scene, local supermarkets, parks, and coffee shops, making it an ideal choice for those seeking a high-demand rental near Cal Berkeley or a charming home with substantial income opportunities in one of Berkeley’s most coveted neighborhoods,Buyer to verify Cap rate,GRM at their own satisfaction.
Open House
Property Details and Features
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Appliances & Equipment
- Appliances: “Dishwasher”, “Gas Range”, “Refrigerator”, “Dryer”, “Gas Water Heater”, “Tankless Water Heater”
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Bathrooms
- 7 full bathrooms
- 7 total bathrooms
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Bedrooms
- 15 bedrooms
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Building
- Construction Materials: “Wood Siding”, “Shingles”
- Living Area: 3750
- Year Built: 1906
- Level – Street: “Other”
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Cooling
- Cooling: “None”
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Fireplaces
- Fireplace Included
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Floors
- Flooring: “Hardwood”, “Laminate”, “Tile”
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Heating
- Heating: “Natural Gas”, “Central”
- Heating Included
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Laundry
- Features: “Coin Operated”
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Location
- Subdivision Name: Downtown
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Lot
- Lot Features: “2 Houses / 1 Lot”
- Lot Size Acres: 0.15
- Lot Size Area: 6732
- Lot Size Square Feet: 6732
- Parcel Number: 5720585
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Parking
- Parking Features: “Off Street”, “Parking Spaces”, “Parking Lot”
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Pool
- Pool Features: “None”
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Property
- Property Condition: “Existing”
- Property Sub Type: Single Family Residence
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Roof
- Roof: “Composition Shingles”
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Utilities
- Electric: “No Solar”
- Water Source: “Public”
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Listing
- Sale/rent: For Sale
- $667 per square foot
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