1612 Parker St Berkeley, CA 94703
South Berkeley NeighborhoodEstimated payment $17,112/month
Highlights
- 0.21 Acre Lot
- No HOA
- Laundry Facilities
- Wood Flooring
- Storage
- 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.
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
- 2 Carport Spaces
Home Design
- Stucco
Interior Spaces
- 9,205 Sq Ft Home
- Storage
- Free-Standing Range
Flooring
- Wood
- Tile
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- No Cooling
- Wall Furnace
Community Details
Overview
- No Home Owners Association
- Bridge Aor Association
- Berkeley Central Subdivision
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $40,612 | $839,040 | $235,143 | $603,897 |
| 2024 | $28,823 | $822,591 | $230,533 | $592,058 |
| 2023 | $24,424 | $806,465 | $226,014 | $580,451 |
| 2022 | $29,675 | $790,654 | $221,583 | $569,071 |
| 2021 | $24,439 | $775,154 | $217,239 | $557,915 |
| 2020 | $21,574 | $770,243 | $215,011 | $555,232 |
| 2019 | $20,633 | $753,750 | $210,796 | $542,954 |
| 2018 | $21,990 | $588,004 | $206,664 | $381,340 |
| 2017 | $19,056 | $576,684 | $202,612 | $374,072 |
| 2016 | $13,342 | $556,524 | $198,640 | $357,884 |
| 2015 | $17,633 | $548,188 | $195,657 | $352,531 |
| 2014 | $17,605 | $537,480 | $191,824 | $345,656 |
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 |
|---|---|---|---|---|
| 07/27/2026 07/27/26 | For Sale | $2,500,000 | -9.1% | $272 / Sq Ft |
| 03/03/2026 03/03/26 | Price Changed | $2,750,000 | -4.3% | $299 / Sq Ft |
| 06/16/2025 06/16/25 | Off Market | $2,875,000 | -- | -- |
| 06/01/2025 06/01/25 | For Sale | $2,875,000 | 0.0% | $312 / Sq Ft |
| 01/13/2025 01/13/25 | For Sale | $2,875,000 | -- | $312 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Alliance Title Company | |
| Grant Deed | -- | -- | |
| Grant Deed | $325,000 | Northwestern Title Company | |
| Interfamily Deed Transfer | -- | Northwestern Title Company |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | Commercial | |
| Closed | $140,000 | Unknown |
Source: bridgeMLS
MLS Number: 41142904
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.
Bay East 2026. CCAR 2026. bridgeMLS 2026. 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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