NOT LISTED FOR SALE

1631 Alcatraz Ave Berkeley, CA 94703

South Berkeley Neighborhood
8 Beds
4 Baths
3,881 Sq Ft
6,996 Sq Ft Lot

Last Sold October 14, 2021

Last sale price $600,000 $155 Per Sq Ft

13 Days on Market

About This Home

As of October 2021

Rental income property- Great location near Ashby Bart. Near shopping and transportation. Great south Berkeley location close to North Oakland border. This is Tenants In Common sale. Part of TIC is for sale.

Last Agent to Sell the Property

Roselyne Genin

5 Star Realty Partners License #01376374 Listed on: 09/29/2021

Last Buyer's Agent

Roselyne Genin

5 Star Realty Partners License #01376374 Listed on: 09/29/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 6,996

Parking

  • 3 Parking Spaces

Home Design

  • Bituthene Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,881 Sq Ft Home
  • 2-Story Property

Additional Features

  • 6,996 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $19,999

Community Details

Overview

  • 3,881 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $170
  • Operating Expense $16,370
  • Gross Income $18,199

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: Multi Family
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3881
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Living Sq Ft: 3881
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Bituthene

Garage/Parking

  • Parking Spaces: 3

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1606
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6996.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6996.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Lease(s)
  • Gross Rent Multiplier: 30.00

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expense Maintenance: 170
  • Expenses Total: 16370
  • Income Annual Gross: 18199.00
  • Income Annual Rental: 19999
  • Income Gross Scheduled: 19999
  • Meters: Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - License/Advertising, Fee - Other Taxes, Fee - Property Tax, Services - Gardener, Services - Trash Removal, Utilities - Electric, Vacancy Factor
  • Vacancy Factor: 9

Range of Values:

--
Value Increase
--
Percent Increase
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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
10/14/2021 10/14/21 Sold $600,000 -50.0% $155 / Sq Ft
10/14/2021 10/14/21 For Sale $1,200,000 0.0% $309 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $1,200,000 0.0% $309 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $1,200,000 -- $309 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Roselyne Genin

    5 Star Realty Partners

    Section Image
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Map

Source: MLSListings

MLS Number: ML81864737

MLSListings
California Alameda County Berkeley 94703 South Berkeley

1631 Alcatraz Ave, Berkeley, CA

Not Listed for Sale

MultiFamily

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