$1,695,000
UNDER CONTRACT $105K PRICE DROP

Estimated payment $11,056/month

Total Views 381
-- Bed
-- Bath
4,432 Sq Ft
$382 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Wall Furnace
  • Washington Elementary School Rated A
  • Coin Laundry

About This Home

First Time on the market in over 30 years, this attractive modern well-maintained Six-Unit apartment building represents an excellent investment opportunity. The 6 two-bedroom 1 bath units (one with bonus room /office) are well laid out and have remodeled or updated kitchens and Baths. The property produces good income with the property being offered at a Pro Forma 10.67 GRM and a 5.89% Cap Rate. Separate meters for gas and electric and separate hot water heaters help keep expenses low. 6-Car parking in front of the building. Common Laundry room. Rear yard with bike rack. New exterior paint. located in the vibrant West Berkeley neighborhood. This property is conveniently located near restaurants, cafes, shops, parks, and transportation. Call listing agents for marketing package, disclosure package, and showings. Sellers willing to consider seller financing with 30% down at 6% interest.

Listing Agent

Susan Koide

Compass License #01922318 Listed on: 03/18/2025

Compass

Co-Listing Agent

Jack Silva

Compass Commercial License #00863003

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,000 Sq Ft Lot

Home Design

  • Bitumen Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 561919201

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Co List Office Mls Id: SFR27689
  • Directions: 1 1/2 Blks off of Sacramento
  • Garage Yn: No
  • Special Features: UnderContract

Interior Features

  • Flooring: Hardwood, Laminate, Carpet
  • Appliances: Dryer, Washer
  • Fireplace: No

Exterior Features

  • Roof: Bitumen
  • Lot Features: Level
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Heating: Wall Furnace
  • Cooling: None
  • Laundry Features: Coin Operated, Common Area, Dryer, Washer
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6000
  • Parcel Number: 561919201

Map

Range of Values:

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Average Value
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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
06/25/2025 06/25/25 Price Changed $1,695,000 -5.8% $382 / Sq Ft
03/18/2025 03/18/25 For Sale $1,800,000 -- $406 / Sq Ft
Source: bridgeMLS

Source: bridgeMLS

MLS Number: 41089917

bridgeMLS