NOT LISTED FOR SALE
Studio
-- Bath
4,934 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: June 19, 2020

Last sale price $1,750,000 $355 Per Sq Ft

53 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 3-minute walk to Prince Street Mini Park
  • Malcolm X Elementary School Rated A
  • Wall Furnace

About This Home

As of June 2020

Fantastic and fully leased income property consisting 6 units, each 2 bed/1 bath approximately 822 sq feet, on a large, 6800 sq ft south facing lot, including private parking for each apartment. Strong rents in a super desirable and convenient Berkeley location, 3 min. to Ashby BART, 5 min to North Berkeley, great access to UC Berkeley, Rockridge, Elmwood,Berkeley Bowl, and popular commutes. A well managed property with many recent upgrades. 5.5% Cap rate!

Last Agent to Sell the Property

William Charman

Compass License #01370959 Listed on: 03/02/2020

Last Buyer's Agent

Joey Wang

Keller Williams Realty License #01890931

Keller Williams Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

Lot Details

  • 6,970

Parking

  • 1 Parking Space Included

Home Design

  • 4,934 Sq Ft Home
  • Stucco

Utilities

  • No Cooling
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Low-Rise Community

Listing and Financial Details

  • Tax Tract Number 4240

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Sub Type: Lowrise (1-3 Flrs)
  • Property Type: COMM RI MULTI-UNITS 5+
  • Lot Features: Level
  • LotSizeAcres: 0.16
  • Has HOA?: No
  • Co List Office Mls Id: OBOCOMP
  • Special Conditions: Standard
  • Directions: Sacramento to Prince
  • Accessibility Features: Other
  • Basement: None
  • Has Basement?: No
  • Has Cooling?: No
  • Living Area: 4934
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Other Equipment: Other
  • Flooring: Other

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Space Per Unit - 1

Utilities

  • Laundry Features: Other
  • Cooling: None
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 6800

Tax Info

  • Tax Tract: 4240.01

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Jun 14, 2020
Sold by
Bought by
Seller's Agent
William Charman
Compass
Buyer's Agent
Joey Wang
Keller Williams Realty
List Price
$2,000,000
Sold Price
$1,750,000
Premium/Discount to List
-$250,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
0.032%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.0412%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.0637%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,750,000 Old Republic Title Company
$1,235,000 Old Republic Title Company
-- First American Title Ins Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,225,000
Previous Owner $525,000
Previous Owner $500,000
Previous Owner $550,000
Previous Owner $417,000
Previous Owner $550,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $1,750,000 -12.5% $355 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $2,000,000 -- $405 / Sq Ft
Source: bridgeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $34,488 $1,910,571 $590,560 $1,320,011
2024 $31,102 $1,873,115 $578,982 $1,294,133
2023 $30,440 $1,836,393 $567,631 $1,268,762
2022 $29,850 $1,800,387 $556,502 $1,243,885
2021 $29,891 $1,765,098 $545,594 $1,219,504
2020 $23,412 $1,357,202 $340,665 $1,016,537
2019 $22,260 $1,330,361 $333,987 $996,374
2018 $21,844 $1,304,341 $327,440 $976,901
2017 $21,000 $1,278,827 $321,020 $957,807
2016 $20,195 $1,253,817 $314,727 $939,090
2015 $19,909 $1,235,030 $310,000 $925,030
2014 $17,529 $1,010,662 $352,682 $657,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40897480

bridgeMLS
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