$1,600,000

Estimated payment $10,765/month

Total Views 2,779
7 Beds
5 Baths
2,960 Sq Ft
$541 Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Washer and Dryer
  • Malcolm X Elementary School Rated A
  • Ceiling Fan

About This Home

Prime Multifamily Investment Opportunity in the Heart of Berkeley! This versatile triplex offers incredible income potential and is perfectly situated in central Berkeley, short distant from San Pablo Park and UC Berkeley. The property features three units all with individual washer/dryer in units. Front House is a 3 bedrooms, 2.5 bathrooms (a two-story single family like with a master suite). Both upper/lower units have 2 bedrooms, 1 bathroom, a comfortable living room, and a functional kitchen. The spacious backyard shares a common area for tenants and additional storage. Located near shops and restaurants, Berkeley Bowl, Ashby BART station, the SF Bay Bridge, Emeryville, this property is in a prime location for both investors and residents create an attractive investment opportunity for its upside potential for strong positive cash flow with endless possibilities and the potential for increased rental income, this is an opportunity you don't want to miss!

Listing Agent

Anthony Chen

Coldwell Banker Realty License #01862747

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,223

Year Built

  • 1963

Lot Details

  • 4,517 Sq Ft Lot

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Gas Cooktop

Parking

  • 3 Parking Spaces
  • No Garage
  • On-Street Parking
  • Off-Street Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

  • 2,960 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gross Income $129,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,223

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R-2A
  • Subclass: Triplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Cooktop - Gas, Oven Range, Refrigerator
  • Living Sq Ft: 2960
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: No Garage, Off-Street Parking, On Street, Parking Area, Unassigned Spaces

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Berkeley Unified

Lot Info

  • Lot Acres: 0.1037
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4515.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4515.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.11
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Income Annual Gross: 129600.00
  • Income Annual Rental: 144000
  • Income Gross Scheduled: 144000
  • Income Includes: Laundry, Parking
  • Meters: Master Gas, Master Water, Separate Electric
  • Number Of Buildings: 3
  • Operating Expenses Include: Insurance, Maintenance, Utilities
  • Vacancy Factor: 10

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $22,223 $1,417,800 $425,340 $992,460
2023 $16,796 $977,958 $293,387 $684,571
2022 $16,459 $958,788 $287,636 $671,152
2021 $16,475 $939,991 $281,997 $657,994
2020 $15,487 $930,355 $279,106 $651,249
2019 $14,766 $912,120 $273,636 $638,484
2018 $14,500 $894,241 $268,272 $625,969
2017 $13,994 $876,714 $263,014 $613,700
2016 $13,480 $859,530 $257,859 $601,671
2015 $13,293 $846,624 $253,987 $592,637
2014 $13,264 $830,045 $249,013 $581,032
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 For Sale $1,600,000 +15.1% $541 / Sq Ft
04/26/2023 04/26/23 Sold $1,390,000 -7.3% $470 / Sq Ft
03/06/2023 03/06/23 For Sale $1,500,000 -- $507 / Sq Ft
Source: MLSListings

Deed History

Date Type Sale Price Title Company
Grant Deed $1,390,000 First American Title
Interfamily Deed Transfer -- First American Title Company
Grant Deed $730,000 Fidelity Title Company
Grant Deed $590,000 Financial Title Company
Interfamily Deed Transfer -- --
Grant Deed $500,000 First California Title Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,112,000 New Conventional
Previous Owner $700,000 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $584,000 Purchase Money Mortgage
Previous Owner $531,000 No Value Available
Previous Owner $406,250 Stand Alone First
Previous Owner $45,000 Unknown
Source: Public Records

Similar Homes in the area

  • 1411 Parker St, Berkeley, CA 94702

    $1,399,000

    • 8 Beds
    • 4 Baths
    • 2,942 Sq Ft
    • 1411 Parker St
    • Berkeley, CA

    Potential 9-10k monthly income!! Fantastic 4plex with detached house in rear (triplex building plus the detached house). Ideal for owner occupant in back house. All units are 2br & 1ba and there is ample off street parking. Very well located just 1.8 miles (6 minutes) from UC Berkeley, 1.5 miles (5 minutes) from BART, 1 mile (2 minutes) from Berkeley bowl, 2 miles (5 minutes) from Whole Foods and

    Joe Reichert Keller Williams Realty

    Section Image
  • 1619 Fairview St, Berkeley, CA 94703

    $1,495,000

    • 8 Beds
    • 4 Baths
    • 3,733 Sq Ft
    • 1619 Fairview St
    • Berkeley, CA

    Great owner occupant opportunity!! This Quintessential Berkeley Victorian Four-Plex, built circa 1895, is a timeless gem that blends vintage charm with modern comforts. The property has been well-maintained, featuring updated kitchens and bathrooms while preserving its historic character. Situated in a prime South Berkeley location, it offers easy access to UC Berkeley, Ashby BART, bus lines,

    KEVIN TANNAHILL The Agency

    Section Image
  • 5936 Martin Luther King jr Way, Oakland, CA 94609

    $1,400,000

    • 8 Beds
    • 4 Baths
    • 3,770 Sq Ft
    • 5936 Martin Luther King jr Way
    • Oakland, CA

    Beautiful 4-Unit Investment Property – Prime Location! Don’t miss this rare opportunity to own the best-looking building on the block! This well-maintained 4-unit property features excellent curb appeal, stable long-term tenants, and strong rental income. Ideally located just 1 block from the Ashby BART Station with easy access to San Francisco, this property sits right on the Berkeley border,

    Joe Villa Sr Vpm Real Estate Services

    Section Image
  • 2832 8th St, Berkeley, CA 94710

    $1,150,800

    • 7 Beds
    • 4 Baths
    • 2,025 Sq Ft
    • 2832 8th St
    • Berkeley, CA

    HONESTLY TRANSPARENT PRICED PROPERTY IN BERKELEY. This delightful duplex offers over 2000 sq/ft of elegance with 6 bedrooms, 4 bathrooms total, offering an excellent opportunity for both investors & homeowners seeking additional rental income. located in a prime Berkeley neighborhood the property features two spacious units with old-world charm. The upstairs unit boasts 4 beds/ 2 full baths,

    Mariam Hosseini Royalty Mortgage & Real Estate

    Section Image
  • 908 Hearst Ave, Berkeley, CA 94710

    $1,495,000

    • 6 Beds
    • 4 Baths
    • 3,183 Sq Ft
    • 908 Hearst Ave
    • Berkeley, CA

    FULLY VACANT. A feast for the senses! This beautifully restored Victorian home features a 4-color exterior and many artful touches including metal sculptures, stained glass window, custom cabinetry, beautifully crafted balcony railings, stunning chestnut floors harvested from a Headsburg family farm, high ceilings, skylights, an oasis of a yoga/dance studio, bamboo fencing, a cedar hot tub,

    Jodi Nishimura Kai Real Estate

    Section Image
  • 1205 Peralta Ave, Albany, CA 94706

    $1,400,000

    • 5 Beds
    • 4 Baths
    • 2,400 Sq Ft
    • 1205 Peralta Ave
    • Albany, CA

    Westbrae Craftsman era 4 plex with 2 units in front building and 2 units in back building. Hardwood floors in most units. Unit 3 is remodeled. Courtyard between buildings. More pictures coming on 4/11.

    Kim Marienthal Coldwell Banker Realty

    Section Image

Source: MLSListings

MLS Number: ML82000696

MLSListings

APN: 054-1812-010-00