Seller's Agent in 2022
Nathaniel Reinke
Kw Advisors East Bay
(415) 710-7284
1 in this area
6 Total Sales
TOUR THURSDAY 10/22 - 10-12:30 BY APT ONLY - PLS CALL AGENT TO SET TIME The 1734 Spruce Street Apartments offer investors the opportunity to acquire a turn-key, superbly situated property with little deferred maintenance and significant upside in a premier Berkeley location. The current owners have invested significant capital, approx. of $800k, into the asset over the course of the last few years. Plans are approved by the City of Berkeley for the conversion of units #1 & #2 from studio and 1 bedroom apartments to 1 bedroom and 2 bedroom units respectively. Located less than one block from UC Berkeley and a short walk from Downtown Berkeley BART, this property will attract students and young professionals alike. The subject property offers investors a well maintained asset with significant upside.
Last Agent to Sell the Property
Kw Advisors East Bay License #01916819 Listed on: 10/14/2021
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $2,950,000 | -- | -- |
| 02/15/2022 02/15/22 | Sold | $2,950,000 | 0.0% | $678 / Sq Ft |
| 11/23/2021 11/23/21 | Pending | -- | -- | -- |
| 10/14/2021 10/14/21 | For Sale | $2,950,000 | -- | $678 / 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 | $45,807 | $3,130,540 | $742,840 | $2,387,700 |
| 2024 | $45,807 | $3,069,180 | $728,280 | $2,340,900 |
| 2023 | $44,884 | $3,009,000 | $714,000 | $2,295,000 |
| 2022 | $31,919 | $1,946,547 | $725,075 | $1,221,472 |
| 2021 | $31,967 | $1,908,383 | $710,859 | $1,197,524 |
| 2020 | $30,209 | $1,894,360 | $703,573 | $1,190,787 |
| 2019 | $28,907 | $1,857,332 | $689,780 | $1,167,552 |
| 2018 | $28,392 | $1,821,036 | $676,260 | $1,144,776 |
| 2017 | $27,339 | $1,785,439 | $663,000 | $1,122,439 |
| 2016 | $8,837 | $306,186 | $265,233 | $40,953 |
| 2015 | $8,672 | $301,614 | $261,250 | $40,364 |
| 2014 | $8,788 | $295,501 | $256,133 | $39,368 |
Seller's Agent in 2022
Nathaniel Reinke
Kw Advisors East Bay
(415) 710-7284
1 in this area
6 Total Sales
E
Buyer's Agent in 2022
Eddie Li
Elite Re & Financial Group
(408) 219-1686
1 in this area
6 Total Sales
Source: bridgeMLS
MLS Number: 40970958