$3,000,000
SOLD FEB 7, 2025
12 Beds
8 Baths
4,135 Sq Ft
6,250 Sq Ft Lot

Recently Sold

$726 Per Sq Ft

11% Above List Price

90 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Rectangular Lot
  • Berkeley Arts Magnet at Whittier School Rated A
  • Fireplace
  • Wall Furnace

About This Home

As of February 2025

Great opportunity! A truly remarkable fourplex with 4 enormous flats on a huge level lot nestled in the heart of the famous Berkeley Gourmet District (Chez Panisse, Cheeseboard Collective, Original Peet's), located 2 blocks north of the UC Berkeley Campus and 4 blocks east of bustling Shattuck Ave. Each unit is approx 1,000 square feet, with separate large living room, formal dining room, big bedroom, breakfast nook, and formal entry halls. The larger-than-average units will always be in strong demand with a large, rotating pool of student renters willing to pay top-dollar to get the most from their collegiate experience. Lot is 6,250 square feet, enough space for possible ADU or additional units. It’s paradise! UC campus, BART, and a myriad of fine Berkeley cuisine are all just a stone’s throw away. With a WalkScore of 97 and BikeScore of 93. All the units will be vacant by 7/31/2025. This ideal geographic location means the new owner can command monthly rents higher than average in Berkeley’s rental market. Current occupants generate an impressive amount of cash flow (approximately $20,000 per month, all UCB students)and that number is poised to increase.

Last Agent to Sell the Property

Grace Sun

Compass License #01945799 Listed on: 10/19/2024

Compass

Last Buyer's Agent

Grace Sun

Compass License #01945799 Listed on: 10/19/2024

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,742

Year Built

  • Built in 1920

Lot Details

  • 6,250 Sq Ft Lot
  • Rectangular Lot
  • Front Yard

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Wood Shingle Exterior
  • Stucco

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Fireplace
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 4,135 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 5821887

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,742

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Directions: Shattuck to Cedar to Arch to Virginia
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement: Other
  • Appliances: Dryer, Washer
  • Total Bedrooms: 12
  • Fireplace: Yes

Exterior Features

  • Lot Features: Regular
  • Construction Type: Stucco, Wood Shingles
  • Exterior Features: Front Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Heating: Wall Furnace
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6250
  • Parcel Number: 5821887
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2024
Closed on
Jan 29, 2025
Sold by
Yeung Alex Wai and Song Mei
Bought by
Kou Haofeng and Zhang Yanhong
Seller's Agent
Grace Sun
Compass
Buyer's Agent
Grace Sun
Compass
List Price
$2,699,999
Sold Price
$3,000,000
Premium/Discount to List
$300,001
11.11%
Total Days on Market
90
Views
2
Current Estimated Value
$2,982,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,997
Avg. Annual Appreciation
-1.70%

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jan 7, 2021
Sold by
The Pacific School Of Religion
Bought by
Yeung Alex Wai and Song Mei
Seller's Agent
Patrick Leaper
Red Oak Realty
Buyer's Agent
Grace Sun
Compass
List Price
$1,650,000
Sold Price
$1,960,000
Premium/Discount to List
$310,000
18.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Original Mortgage
$980,000
Interest Rate
2.71%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,000,000 Old Republic Title Company
Grant Deed $1,960,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $988,000 New Conventional
Previous Owner $980,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $3,000,000 +53.1% $726 / Sq Ft
02/04/2025 02/04/25 Off Market $1,960,000 -- --
01/17/2025 01/17/25 Pending -- -- --
10/19/2024 10/19/24 For Sale $2,699,999 +37.8% $653 / Sq Ft
01/15/2021 01/15/21 Sold $1,960,000 +18.8% $481 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $1,650,000 -- $405 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

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 $31,742 $2,079,951 $623,985 $1,455,966
2023 $30,998 $2,039,183 $611,755 $1,427,428
2022 $30,459 $1,999,200 $599,760 $1,399,440
2021 $7,726 $135,465 $111,016 $24,449
2020 $630 $134,076 $109,878 $24,198
2019 $614 $131,448 $107,724 $23,724
2018 $593 $128,871 $105,612 $23,259
2017 $506 $126,344 $103,541 $22,803
2016 $495 $123,867 $101,511 $22,356
2015 $450 $122,006 $99,986 $22,020
2014 $712 $119,616 $98,028 $21,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41076991

bridgeMLS

APN: 058-2188-007-00