NOT LISTED FOR SALE

1523 Fairview St Berkeley, CA 94703

South Berkeley Neighborhood
10 Beds
-- Bath
4,270 Sq Ft
6,800 Sq Ft Lot

Last Sold September 25, 2015

Last sale price $1,020,000 $239 Per Sq Ft

34 Days on Market

Highlights

  • Landscaped
  • Washer and Dryer
  • 5-minute walk to Prince Street Mini Park
  • Malcolm X Elementary School Rated A
  • Carpet

About This Home

As of September 2015

Excellent investment opportunity for 6 residential units in Berkeley. Current rent is About $7,000/month ($84,000/yr). Walking distance to BART. It has two buildings on one lot: Front 4plex has two 1bd/1ba & two 2bd/1ba. Rear Duplex has two 2bd/1ba. 5 parking spaces in courtyard. All unit has separate electricity & gas meters. 4 units have separate water meters. one Laundry room in one unit. Close to public transportation, shops, restaurants. Easy access to freeway. 5 units are occupied by Section 8 tenants.

Last Agent to Sell the Property

Wendy Lin

Realty & You License #DRE #01398556 Listed on: 07/22/2015

Last Buyer's Agent

Wendy Lin

Realty & You License #DRE #01398556 Listed on: 07/22/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,800 Sq Ft Lot
  • Landscaped

Interior Spaces

  • 4,270 Sq Ft Home
  • Window Screens
  • Carpet
  • Fire and Smoke Detector
  • Microwave
  • Washer and Dryer

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • 220 Volts

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Assessor Parcel Number 052-1544-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Flats, Sec Building
  • Year Built: 1946
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Free Standing Refrigerator, Microwave
  • Flooring: Carpet
  • Laundry Features: Washer/Dryer Hookups, Washer/Dryer Owned, WSHD
  • Price Per Square Foot: 238.88
  • Square Footage: 4270.00
  • Window Features: Window Screens

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Security Features: Fire Alarm

Lot Info

  • Assessor Parcel Number: 052-1544-011
  • Lot Features: Landscape Front
  • Lot Size Acres: 0.1561
  • Lot Size Sq Ft: 6800.00
  • Lot Size Units: SqFt
  • Price Per Acre: 6534272.90

Rental Info

  • Lease Term: Lease/Month to Month Mix
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Building Info

  • Number of Units Total: 6

Multi Family

  • Gross Rent Multiplier: 12.32
  • Separate Meters: Electricity, Gas, Water

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
09/25/2015 09/25/15 Sold $1,020,000 0.0% $239 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $1,020,000 -- $239 / Sq Ft
Source: San Francisco Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2015

    Wendy Lin

    Realty & You

    (415) 608-2178

    7 Total Sales

    Wendy Lin
    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 435473

San Francisco Association of REALTORS®
California Alameda County Berkeley 94703 South Berkeley

1523 Fairview St, Berkeley, CA

Not Listed for Sale

MultiFamily

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