$1,025,000
SOLD MAR 26, 2020

1616 Prince St Berkeley, CA 94703

South Berkeley Neighborhood
6 Beds
-- Bath
2,634 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$389 Per Sq Ft

184 Days on Market

Highlights

  • Contemporary Architecture
  • Carpet
  • 1-minute walk to Prince Street Mini Park
  • Malcolm X Elementary School Rated A

About This Home

As of December 2022

Great location! Walking distance to everything, most errands can be accomplished by foot! Bikers paradise! 3 blocks from Bart and GO Station, 1 block from AC transit. Great upside income potential and you can live in your own private home in the back. Near farmer's market and close to many cafes and restaurants! 2-1/BR units can be rented for current market value. Great upside potential! The 2/BR home in back will also be available to rent at current market value. The 2 occupied units are rented considerably below market value giving this property a great upside potential for an increased NOI!

Last Agent to Sell the Property

Jimmy Perez

Pellego License #02027051 Listed on: 09/18/2019

Pellego

Last Buyer's Agent

Jimmy Perez

Pellego License #02027051 Listed on: 09/18/2019

Pellego

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • 2,634 Sq Ft Home
  • Contemporary Architecture
  • Shingle Roof

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Individual Gas Meter
  • Separate Water Meter

Community Details

  • 5 Units
  • Gross Income $101,100

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 52-1545-26

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: Ashby to California to Prince St to address.
  • Lot Size Acres: 0.1200
  • CapRate: 8.05
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Contemporary
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Free Standing Refrigerator, OVFR
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 389.14
  • Square Footage: 2634.00

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Heating: Gas, Wall Furnace
  • Separate Meters: Electricity, Gas, Water

Lot Info

  • Assessor Parcel Number: 52-1545-26
  • Lot Size Sq Ft: 5227.00

Rental Info

  • TenantPays: Electricity, Gas, Water

Building Info

  • Year Built: 1939

Multi Family

  • Number of 1 Bedroom Units: 4
  • Number of 2 Bedroom Units: 1
  • NumberOfUnitsTotal: 5

Range of Values:

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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 Change Sq Ft Price
12/07/2022 12/07/22 Sold $1,100,000 -15.4% $418 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $1,300,000 +26.8% $494 / Sq Ft
03/26/2020 03/26/20 Sold $1,025,000 0.0% $389 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
09/18/2019 09/18/19 For Sale $1,025,000 -- $389 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joe Levy

    Seller's Agent in 2022

    Joe Levy

    Compass Commercial

    (415) 990-1051

    1 in this area

    16 Total Sales

    Joe Levy
    Section Image
  • Sebastian Gaetani

    Seller Co-Listing Agent in 2022

    Sebastian Gaetani

    Marcus & Millichap

    (415) 250-3831

    1 in this area

    36 Total Sales

    Sebastian Gaetani
    Section Image

  • N

    Buyer's Agent in 2022

    Nur Saglam

    ATA Realty

    Section Image
  • Jimmy Perez

    Seller's Agent in 2020

    Jimmy Perez

    Pellego

    (520) 432-2808

    40 Total Sales

    Jimmy Perez
    Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 490088

Bay Area Real Estate Information Services (BAREIS)
California Alameda County Berkeley 94703 South Berkeley

1616 Prince St, Berkeley, CA

This home is located at 1616 Prince St, Berkeley, CA 94703 and is currently priced at $1,025,000, approximately $389 per square foot. This property was built in 1939. 1616 Prince St is a home located in Alameda County with nearby schools including Malcolm X Elementary School, Emerson Elementary School, and John Muir 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.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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