NOT LISTED FOR SALE
Studio
-- Bath
8,024 Sq Ft
7,000 Sq Ft Lot

Sale Details

Date Sold: August 29, 2023

Last sale price $3,950,000 $492 Per Sq Ft

31 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating Available

About This Home

As of August 2023

New to market, 2020 Cedar Street in Berkeley. The property consists of nine units with a unit mix of (1) One Bedroom Unit and (8) Two Bedroom Units. The majority of units are split level with several units featuring updated kitchens and baths with stainless steal appliances and hardwood flooring. The property has been seismically retrofitted under current ownership costing in excess of $200,000. This turn-key property presents a rare opportunity to own in desirable North Berkeley, close to Gourmet Ghetto while capturing $90,000 of potential upside bringing the units up to market rate.

Last Agent to Sell the Property

Grant Chappell

Nai Northern California License #01700439 Listed on: 06/05/2023

Nai Northern California

Last Buyer's Agent

Pedram Karbassi

Bay's Elite Investments License #01522384

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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 7,000 Sq Ft Lot

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 8,024 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 58217325

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Year Built: 1966
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.16
  • Directions: MKL Jr. Way to Cedar St.
  • Carport Y N: No
  • Garage Yn: No
  • Skirt: ["Other"]
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement: Other
  • Other Equipment: Other

Exterior Features

  • Lot Features: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Heating: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 7000
  • Parcel Number: 58217325
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Aug 21, 2023
Sold by
Bought by
Seller's Agent
Grant Chappell
Nai Northern California
Buyer's Agent
Pedram Karbassi
Bay's Elite Investments
List Price
$4,050,000
Sold Price
$3,950,000
Premium/Discount to List
-$100,000
-2.47%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,125,000
Outstanding Balance
$2,059,226
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,778,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Berkeley, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,950,000 Wfg National Title
$3,150,000 Old Republic Title Company
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,125,000
Previous Owner $2,125,000
Previous Owner $1,915,000
Previous Owner $1,778,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $3,950,000 -- --
08/29/2023 08/29/23 Sold $3,950,000 -2.5% $492 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $4,050,000 -- $505 / Sq Ft
Source: bridgeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $66,541 $4,104,898 $936,360 $3,168,538
2025 $66,541 $4,024,410 $918,000 $3,106,410
2024 $60,650 $3,945,500 $900,000 $3,045,500
2023 $55,969 $3,572,723 $910,248 $2,662,475
2022 $54,978 $3,513,719 $892,400 $2,610,270
2021 $55,115 $3,445,047 $874,904 $2,570,143
2020 $52,082 $3,409,847 $865,936 $2,543,911
2019 $49,970 $3,343,217 $848,960 $2,494,257
2018 $49,143 $3,277,905 $832,320 $2,445,585
2017 $47,441 $3,213,850 $816,000 $2,397,850
2016 $14,217 $544,987 $218,280 $326,707
2015 $13,960 $536,829 $215,002 $321,827
2014 $13,977 $526,349 $210,791 $315,558
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: bridgeMLS

MLS Number: 41029340

bridgeMLS
Your Personal Tour Guide

Ask me questions while you tour the home.