$2,025,000
SOLD JUL 19, 2024

2832 Derby St Berkeley, CA 94705

8 Beds
3 Baths
3,292 Sq Ft
4,794 Sq Ft Lot

Recently Sold

$615 Per Sq Ft

13% Above List Price

20 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Tandem Parking
  • Emerson Elementary School Rated A
  • Fireplace
  • 4-minute walk to Monkey Island Park

About This Home

As of July 2024

Introducing the "Crew House," a stunning 3-unit property built in 1920, located on Derby St near Piedmont Ave. This pride-of-ownership triplex spans 3,292 sq. ft. on a 4,794 sq. ft. lot, combining historic charm with modern convenience. The property features a studio unit and two spacious four-bedroom, one-bath units, each averaging nearly 1,400 sq. ft. All units will be delivered vacant, allowing new owners to select tenants and set market rents. Each unit is individually metered for gas and electricity, ensuring efficient utility management. Ideal for CAL students, the "Crew House" has a history of being rented to members of the women's crew team, making it a high-demand property. Fully occupied, the building has the potential to generate over $14,000 per month and $175,000 annually (buyer to verify). Tenants will appreciate the beautifully landscaped backyard, ample storage, and a bike rack for 8 bikes. Additionally, there is a value-add opportunity to convert the attic space in unit 2832 into additional bedrooms. The property offers onsite parking and laundry facilities, enhancing tenant comfort. Its prime location provides easy access to College Ave and Telegraph Ave, with numerous bars, cafes, and

Last Agent to Sell the Property

Jatin Mehta

Kite Hill Real Estate License #02045713 Listed on: 06/13/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,672

Year Built

  • Built in 1905

Lot Details

  • 4,794 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Backyard Sprinklers
  • Garden
  • Back Yard

Home Design

  • Triplex
  • Wood Shingle Exterior

Interior Spaces

  • Fireplace
  • Laundry in unit

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3,292 Sq Ft Building
  • Bridge Aor Association
  • Elmwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 54170424

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,672

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Year Built: 1905
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: ELMWOOD
  • Directions: google maps
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement: None
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Interior Amenities: Storage

Exterior Features

  • Fencing: Fenced, Wood
  • Lot Features: Regular, Paved
  • Construction Type: Wood
  • Exterior Features: Back Yard, Garden/Play, Sprinklers Automatic, Sprinklers Back, Storage, Garden, Landscape Back, Landscape Front, Low Maintenance

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: Ceiling Fan(s)
  • Laundry Features: Common Area, In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4794
  • Parcel Number: 54170424
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 10, 2024
Sold by
Glatt Living Trust and Glatt David E
Bought by
Derby Campus Apartments Llc
Seller's Agent
Jatin Mehta
Kite Hill Real Estate
Buyer's Agent
Jatin Mehta
Kite Hill Real Estate
List Price
$1,798,000
Sold Price
$2,025,000
Premium/Discount to List
$227,000
12.63%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%
Original Mortgage
$600,000
Outstanding Balance
$595,976
Interest Rate
6.99%
Mortgage Type
Seller Take Back
Estimated Equity
$1,480,730

Purchase Details

Closed on
Feb 20, 1998
Sold by
Glatt David E and Glatt Joyce H
Bought by
Hiyama Glatt David E and Hiyama Glatt Joyce
Source: Public Records

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Range of Values:

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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 $2,025,000 Chicago Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Seller Take Back
Open $2,403,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 Price Changed $895 -10.1% $8 / Sq Ft
06/18/2025 06/18/25 Price Changed $995 -0.5% $9 / Sq Ft
06/11/2025 06/11/25 Price Changed $1,000 -91.7% $9 / Sq Ft
06/07/2025 06/07/25 Price Changed $11,995 -7.7% $104 / Sq Ft
05/22/2025 05/22/25 Price Changed $12,995 +4.0% $113 / Sq Ft
05/17/2025 05/17/25 Price Changed $12,500 +13.7% $109 / Sq Ft
03/26/2025 03/26/25 Price Changed $10,995 -12.0% $96 / Sq Ft
03/22/2025 03/22/25 Price Changed $12,500 +1296.6% $109 / Sq Ft
03/18/2025 03/18/25 For Rent $895 0.0% --
02/04/2025 02/04/25 Off Market $2,025,000 -- --
07/19/2024 07/19/24 Sold $2,025,000 +12.6% $615 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $1,798,000 -- $546 / 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 $6,672 $101,917 $66,342 $35,575
2023 $6,481 $99,918 $65,041 $34,877
2022 $6,243 $97,959 $63,766 $34,193
2021 $6,177 $96,039 $62,516 $33,523
2020 $5,536 $95,054 $61,875 $33,179
2019 $4,982 $93,191 $60,662 $32,529
2018 $4,827 $91,364 $59,473 $31,891
2017 $4,621 $89,573 $58,307 $31,266
2016 $4,250 $87,817 $57,164 $30,653
2015 $4,162 $86,497 $56,305 $30,192
2014 $4,225 $84,803 $55,202 $29,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41063210

bridgeMLS

APN: 054-1704-024-00