Seller's Agent in 2023
Grant Chappell
Nai Northern California
(510) 336-4721
2 in this area
34 Total Sales
Estimated Value: $767,000 - $1,084,000
Looking for a turn-key asset with minimal operating expenses and massive long term upside with a large lot primed for an ADU? 1614 Alcatraz is the property for you! New and improved price, 1614 Alcatraz is a classic urban four-plex nestled in a prime South Berkeley location between Adeline and Sacramento Street. The property consists of four units total with an ideal unit mix of one 2-bedroom apartment and three 1-bedroom apartments. The property is individually metered for electricity/ gas and features a large rear parking lot with 1:1 parking and even room for a possible ADU. This is an excellent opportunity to acquire a fully occupied residential asset in an A+ South Berkeley location and take advantage of attractive residential financing.
Last Agent to Sell the Property
Nai Northern California License #01700439 Listed on: 03/24/2023
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Soto Jing | $911,000 | Old Republic Title Company | |
| Shum Jaimie P M | $660,000 | First American Title | |
| Northern California Conference Of Sevent | -- | None Available | |
| Strange Norma Diana | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Soto Jing | $683,250 | |
| Previous Owner | Shum Jaimie P M | $495,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $911,000 | -- | -- |
| 05/11/2023 05/11/23 | Sold | $911,000 | +1.2% | $333 / Sq Ft |
| 04/06/2023 04/06/23 | Pending | -- | -- | -- |
| 03/24/2023 03/24/23 | For Sale | $900,000 | -- | $329 / Sq Ft |
| 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 | $16,388 | $947,804 | $284,341 | $663,463 |
| 2024 | $16,388 | $929,220 | $278,766 | $650,454 |
| 2023 | $14,236 | $762,399 | $231,030 | $531,369 |
| 2022 | $13,923 | $747,450 | $226,500 | $520,950 |
| 2021 | $13,916 | $732,798 | $222,060 | $510,738 |
| 2020 | $13,037 | $725,287 | $219,784 | $505,503 |
| 2019 | $12,377 | $711,070 | $215,476 | $495,594 |
| 2018 | $12,138 | $697,131 | $211,252 | $485,879 |
| 2017 | $11,699 | $683,463 | $207,110 | $476,353 |
| 2016 | $11,231 | $670,065 | $203,050 | $467,015 |
| 2015 | $11,070 | $660,000 | $200,000 | $460,000 |
| 2014 | $9,058 | $477,155 | $143,146 | $334,009 |
Seller's Agent in 2023
Grant Chappell
Nai Northern California
(510) 336-4721
2 in this area
34 Total Sales
Buyer's Agent in 2023
Tinus Masbrata
Lpt Realty, Inc
(510) 673-7334
1 in this area
8 Total Sales
Source: bridgeMLS
MLS Number: 41022439
APN: 052-1522-019-00