1412 Ninth St Berkeley, CA 94710
Fourth Street-Berkeley Marina NeighborhoodEstimated payment $13,785/month
Highlights
- 0.19 Acre Lot
- Wood Flooring
- No HOA
- Rosa Parks Elementary School Rated A
- Corner Lot
- Heating Available
About This Home
To access the marketing package copy/paste: . Nestled in the desirable Gilman District of Berkeley, 1412 Ninth Street is a well-maintained, 1958-vintage apartment building consisting of two fourplexes on a single lot. This property offers an ideal unit mix with (4) spacious 2-bedroom, 1-bath units and (4) cozy 1-bedroom, 1-bath units, providing a diverse and appealing living arrangement for tenants. On-site amenities include a coin-operated laundry facility, ample storage, and parking for up to 6 vehicles, ensuring convenience and comfort for residents. With a strong income potential, the property generates an average of over $1,900 per month per unit. There is also substantial upside in both gross rents, with a 20% potential increase, and Net Operating Income (NOI), which could rise by 30%. This makes 1412 Ninth Street a promising investment opportunity with plenty of room for growth in rental income. The property has been thoughtfully updated, with over half of the units featuring modern finishes. In addition, extensive capital improvements have been made, including updated bathrooms, new plumbing and electrical systems, roof replacements in 2012 and 2016, new energy-efficient windows, water heaters, and appliances.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 8,450 Sq Ft Lot
- Corner Lot
Home Design
- Stucco
Flooring
- Wood Flooring
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 7 Parking Spaces
- Covered Parking
Utilities
- No Cooling
- Heating Available
Community Details
- No Home Owners Association
- 5,346 Sq Ft Building
- Bridge Aor Association
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/12/2025 03/12/25 | Price Changed | $2,098,000 | -3.3% | $392 / Sq Ft |
02/28/2025 02/28/25 | For Sale | $2,170,000 | -- | $406 / Sq Ft |
Source: bridgeMLS
MLS Number: 41087703

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