$2,875,000

1612 Parker St Berkeley, CA 94703

South Berkeley Neighborhood

Estimated payment $18,891/month

Total Views 3,946
-- Bed
-- Bath
9,205 Sq Ft
$312 Price per Sq Ft

Highlights

  • 0.21 Acre Lot
  • Wood Flooring
  • Laundry Facilities
  • Washington Elementary School Rated A
  • No HOA
  • Rectangular Lot

About This Home

Discover a rare chance to own a stunning 8-unit building in one of Berkeley's most desirable neighborhoods! This well-maintained property exudes pride of ownership and is set on a generous lot that features five reserved parking spots and a convenient community laundry area. Each of the 8 units offers spacious 2-bedroom, 1-bathroom layouts, perfect for a variety of tenants. Several units have been tastefully updated, adding modern touches while retaining their classic charm. Additionally, the property includes a non-conforming manager's unit, providing extra flexibility for onsite management or additional rental income*. Some units also have additional storage and balconies. This is not just an investment; it’s an opportunity to be a part of the rich tapestry of Berkeley, a city known for its eclectic mix of cultures, progressive spirit, and unparalleled intellectual vibrancy. Don’t miss your chance to own a fabulous building in this iconic city—opportunities like this are truly one-of-a-kind! Cap Rate of 6% - Huge upside potential. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information. Buyer must conduct their own investigation with the city and appropriate boards and rely solely on that investigation.

Listing Agent

Negar Souza

Red Oak Realty License #01701667

Red Oak Realty

Co-Listing Agent

Feri Niroomand

Red Oak Realty License #00811861

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,163 Sq Ft Lot
  • Rectangular Lot

Parking

  • Carport

Home Design

  • Stucco

Kitchen

  • Free-Standing Range

Flooring

  • Wood
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 54180419

Community Details

Overview

  • No Home Owners Association
  • 9,205 Sq Ft Building
  • Bridge Aor Association

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: OBBREDO
  • Directions: California to Parker
  • Carport Y N: Yes
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood Flrs Throughout, Other, Tile
  • Basement: None
  • Appliances: Free-Standing Range, Refrigerator
  • Other Equipment: Other
  • Interior Amenities: Other, Storage

Exterior Features

  • Lot Features: Regular
  • Construction Type: Stucco

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carports - 2 Or More

Utilities

  • Heating: Wall Furnace
  • Utilities: All Public Utilities
  • Cooling: None
  • Laundry Features: Community Facility
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 9163
  • Parcel Number: 54180419
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: berkeley

Map

Range of Values:

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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
01/13/2025 01/13/25 For Sale $2,875,000 -- $312 / Sq Ft
Source: bridgeMLS

Source: bridgeMLS

MLS Number: 41082213

bridgeMLS

California Alameda County Berkeley 94703 South Berkeley

1612 Parker St, Berkeley, CA

Homes for Sale in Berkeley, CA

This home is located at 1612 Parker St, Berkeley, CA 94703 and is currently priced at $2,875,000, approximately $312 per square foot. This property was built in 1964. 1612 Parker St is a home located in Alameda County with nearby schools including Washington Elementary School, Malcolm X Elementary School, and Oxford Elementary 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.

Negar Souza
Listing Agent
Negar Souza
Section Image
Red Oak Realty
(341) 217-8302