$1,178,000
SOLD APR 25, 2022
5 Beds
3 Baths
1,850 Sq Ft
3,040 Sq Ft Lot

Recently Sold

$637 Per Sq Ft

4% Below List Price

43 Days on Market

Highlights

  • Wall Furnace
  • Malcolm X Elementary School Rated A
  • 3-minute walk to San Pablo Park

About This Home

As of April 2022

Wonderful triplex in highly desirable South Berkeley neighborhood. One block from the ever-evolving San Pablo Park. Close to public transportation, freeways, Berkeley Bowl etc. Upper unit has 3 bedrooms 1 bath, with FP in living room and oak floors, rental income: 2850.71/month. Street level 2 units - one is an updated studio unit with dual pane windows the other is a 1 bed 1 bath unit with a living room, rental income: 1597.4/month. All units have own washer and dryer. Nicely sized, shared outdoor patio area with storage sheds, rental income: 1735.7/month. Off street parking. 3 years new roof, well maintained. Owner fixed the leaking shown on inspection report and replaced new tankless water heater. All units are tenant occupied. All stable, good tenants. Please do not disturb without an appointment with listing agent.

Last Agent to Sell the Property

Xu Ding

BQ Realty License #02025032 Listed on: 02/25/2022

BQ Realty

Co-Listed By

Lei Wu

BQ Realty License #02075546

Last Buyer's Agent

Lili Falsken

BCRE License #02019291

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,991

Year Built

  • 1918

Home Design

  • Triplex
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • Covered Parking
  • On-Street Parking

Additional Features

  • 3,040 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $73,000

Community Details

Overview

Building Details

  • 3 Leased Units
  • Maintenance Expense $4,000
  • Operating Expense $4,000
  • Gross Income $73,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,991

Year Built

1918

Lot Details

0

Listing Details

  • Zoning: triplex
  • Subclass: Triplex
  • Age: 104
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1850
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1918

Interior Features

  • Living Sq Ft: 1850
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Common Parking Area, On Street, Parking Area

Utilities

  • Heating System: Electric, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Berkeley Unified

Lot Info

  • Lot Acres: 0.0698
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3040.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3040.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 16.03
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Maintenance: 4000
  • Expenses Total: 4000
  • Income Annual Gross: 73000.00
  • Income Annual Rental: 73000
  • Income Gross Scheduled: 73000
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2019
Sold by
Xu Yu and Hu Lehong
Bought by
Hu Lehong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2018
Sold by
Xu Yu
Bought by
Hu Lehong

Purchase Details

Closed on
Nov 21, 2017
Sold by
Brother & West Llc
Bought by
Xu Yu and Hu Lehong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Wells Fargo Bank Na
Bought by
Brother & West Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 16, 2010
Sold by
Pak Tae Chun
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 22, 2006
Sold by
Pak Hyun J
Bought by
Pak Tae Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2005
Sold by
Pak Hyun J
Bought by
Pak Tae Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 9, 2003
Sold by
Forman Michael L
Bought by
Forman Michael L and Forman Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 7, 2003
Sold by
Forman Michael L and Forman Trust
Bought by
Forman Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 10, 1998
Sold by
Forman Michael L
Bought by
Forman Michael L and Forman Trust

Purchase Details

Closed on
Sep 30, 1996
Sold by
Mathis James Toney Estate and John
Bought by
Forman Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.95%

Purchase Details

Closed on
Aug 2, 1996
Sold by
Mathis Nadine and Mathis Dent Nadine
Bought by
Mathis James Tony and Mathis John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.95%

Purchase Details

Closed on
Mar 8, 1994
Sold by
Mathis James T
Bought by
Mathis John and Sanders Bob
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- None Available
Grant Deed $940,000 Chicago Title Company
Grant Deed $321,000 Landsafe Title
Trustee Deed $344,700 Landsafe Title
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Placer Title Company
Grant Deed $730,000 Placer Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- --
Grant Deed $152,500 Old Republic Title Company
Individual Deed $76,500 --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $687,000 New Conventional
Closed $705,000 New Conventional
Previous Owner $192,600 Adjustable Rate Mortgage/ARM
Previous Owner $595,000 New Conventional
Previous Owner $584,000 Fannie Mae Freddie Mac
Previous Owner $146,000 Stand Alone Second
Previous Owner $350,000 Purchase Money Mortgage
Previous Owner $122,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $1,299,000 +10.3% $622 / Sq Ft
04/25/2022 04/25/22 Sold $1,178,000 +0.7% $637 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
03/26/2022 03/26/22 Price Changed $1,170,000 -4.9% $632 / Sq Ft
03/26/2022 03/26/22 For Sale $1,229,990 +4.4% $665 / Sq Ft
03/11/2022 03/11/22 Off Market $1,178,000 -- --
02/25/2022 02/25/22 For Sale $1,229,990 -- $665 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,991 $1,250,093 $375,028 $875,065
2024 $17,991 $1,225,590 $367,677 $857,913
2023 $17,632 $1,201,560 $360,468 $841,092
2022 $15,277 $1,007,857 $455,680 $552,177
2021 $15,320 $988,099 $446,747 $541,352
2020 $14,544 $977,976 $442,170 $535,806
2019 $14,020 $958,800 $433,500 $525,300
2018 $13,797 $940,000 $425,000 $515,000
2017 $6,437 $354,348 $106,304 $248,044
2016 $6,163 $347,401 $104,220 $243,181
2015 $6,073 $342,185 $102,655 $239,530
2014 $6,184 $335,483 $100,645 $234,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81879795

MLSListings

APN: 053-1629-030-00