$1,900,000
$270K PRICE DROP

1412 Ninth St Berkeley, CA 94710

Fourth Street-Berkeley Marina Neighborhood

Estimated payment $12,515/month

Total Views 116
-- Bed
-- Bath
5,346 Sq Ft
$355 Price per Sq Ft

Highlights

  • 8,450 Sq Ft 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.

Listing Agent

Jatin Mehta

Pellego License #02045713 Listed on: 02/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 8,450 Sq Ft Lot
  • Corner Lot

Parking

  • Covered Parking

Home Design

  • Flat Roof Shape
  • Shingle Roof
  • Stucco

Flooring

  • Wood Flooring

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Directions: Google Maps
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Fireplace: No

Exterior Features

  • Roof: Flat, Shingle
  • Lot Features: Corner Lot
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Covered

Utilities

  • Heating: Electric
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8450

Map

Range of Values:

Collateral Analytics

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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

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 For Sale $2,170,000 -- $406 / Sq Ft
Source: bridgeMLS

Source: bridgeMLS

MLS Number: 41087703

bridgeMLS

California Alameda County Berkeley 94710 Fourth Street-Berkeley Marina

1412 Ninth St, Berkeley, CA

This home is located at 1412 Ninth St, Berkeley, CA 94710 and is currently priced at $1,900,000, approximately $355 per square foot. This property was built in 1958. 1412 Ninth St is a home located in Alameda County with nearby schools including Rosa Parks Elementary School, Ruth Acty Elementary, and Berkeley Arts Magnet at Whittier School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Jatin Mehta
Listing Agent
Jatin Mehta
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Pellego
(341) 244-5454