NOT LISTED FOR SALE
Studio
-- Bath
7,280 Sq Ft
8,712 Sq Ft Lot

Last Sold April 14, 2022

Last sale price $3,225,000 $443 Per Sq Ft

52 Days on Market

Highlights

  • Building Security
  • 0.2 Acre Lot
  • Double Pane Windows
  • Oxford Elementary School Rated A
  • No HOA
  • 1-minute walk to Bancroft Community Garden

About This Home

As of April 2022

The 2227 Bonar Street Apartments offer investors the opportunity to acquire a well-maintained, well-situated property with little deferred maintenance and significant upside of NOI in a central Berkeley location. Recent changes to State zoning laws also may allow for the addition of two ADU units in the rear parking area. Located a half mile from North Berkeley BART and just over a mile from I-80, Hwy 24/I-980, I-580 & I-880, the property will attract students and young professionals alike. The subject property offers investors a well-maintained turn-key asset with significant rental upside and a value-add component.

Last Agent to Sell the Property

Nathaniel Reinke

Kw Advisors East Bay License #01916819 Listed on: 02/01/2022

Kw Advisors East Bay

Last Buyer's Agent

Davide Pio, CCIM

Bcre License #01522969

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1960

Lot Details

  • 8,712

Home Design

  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • Double Pane Windows

Flooring

  • Partially Carpeted
  • Linoleum
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Intercom
  • Closed Circuit Camera

Utilities

  • No Cooling
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 561991113

Community Details

Overview

  • No Home Owners Association
  • 7,280 Sq Ft Building
  • Bridge Aor Association

Amenities

  • Coin Laundry

Security

  • Building Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Property Sub Type: Lowrise (1-3 Flrs)
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.2
  • Directions: No
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Laminate, Linoleum, Partial Carpeting, Tile
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater
  • Other Equipment: Intercom
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Regular
  • Construction Type: Stucco, Frame, Wood Siding, Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Space Per Unit - 1

Utilities

  • Heating: Wall Furnace
  • Utilities: Wired For Cable TV, All Public Utilities, Internet Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
  • Cooling: None
  • Laundry Features: Coin Operated, Dryer, Laundry Room, Laundry Equip - Owned, Washer
  • Security: Building Security, Carbon Monoxide Detector(s), Double Strapped Water Heater, Secured Access, Security Fence, Security Gate, Smoke Detector(s), Closed Circuit Camera(s)
  • Cooling Y N: No
  • 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: 8500
  • Parcel Number: 561991113
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: Berkeley
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

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $3,225,000 -- --
04/14/2022 04/14/22 Sold $3,225,000 -0.8% $443 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $3,250,000 -- $446 / Sq Ft
Source: bridgeMLS

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
2025 $52,530 $3,050,000 $800,000 $2,250,000
2024 $52,530 $3,355,290 $832,320 $2,522,970
2023 $51,446 $3,289,500 $816,000 $2,473,500
2022 $45,725 $2,830,947 $1,113,004 $1,717,943
2021 $45,812 $2,775,458 $1,091,188 $1,684,270
2020 $43,238 $2,750,040 $1,080,000 $1,670,040
2019 $35,035 $2,175,040 $1,200,000 $975,040
2018 $29,605 $1,741,708 $436,968 $1,304,740
2017 $28,517 $1,708,020 $428,400 $1,279,620
2016 $27,387 $1,675,000 $420,000 $1,255,000
2015 $25,766 $1,549,477 $556,684 $992,793
2014 $23,404 $1,327,358 $325,000 $1,002,358
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: bridgeMLS

MLS Number: 40979672

bridgeMLS