$2,450,000
SOLD AUG 16, 2022
10 Beds
-- Bath
4,346 Sq Ft
5,700 Sq Ft Lot

Recently Sold

$564 Per Sq Ft

6% Below List Price

14 Days on Market

Highlights

  • Cul-De-Sac
  • Emerson Elementary School Rated A
  • 1-minute walk to Bateman Mall Park

About This Home

As of April 2025

3028 Colby St is located in the Elmwood district of Berkeley at the end of a quiet cull de sac just under 1 mile from the UC Berkeley campus. The property consists of 5 residential units and 5 car parking. The front building consists of one 4 bedroom and 2 bath unit on the ground floor and two 1 bedroom 1 bath units on the second floor. The rear building consists of one 2 bedroom 1 bath unit on the top floor and a 2 bedroom 2 bath unit on the ground floor. The building is individually metered for electric, gas, and water. The tenants pay for gas, electricity, and water. The landlord pays for garbage utilities. This is a rare opportunity to acquire a well-maintained high cash flowing building with very low expenses in a highly desirable area for rentals.

Last Agent to Sell the Property

Ernesto Baglieri

Marcus & Millichap License #01996324 Listed on: 06/15/2022

Last Buyer's Agent

Ramsin Jacob

eXp Realty of California Inc License #02003060

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,700 Sq Ft Lot
  • Cul-De-Sac

Home Design

  • 4,346 Sq Ft Home

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces
  • Off-Street Parking

Utilities

  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 052-1574-021

Community Details

Overview

  • 5 Units

Building Details

  • 3 Leased Units
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Year Built: 1910
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 20
  • Price Per Square Foot: 563.74
  • Square Footage: 4346.00

Garage/Parking

  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 5.00
  • Independent Parking Spaces: 4
  • Tandem Parking Spaces: 1

Lot Info

  • Assessor Parcel Number: 052-1574-021
  • Lot Features: Cul-De-Sac, Curb(s)
  • Lot Size Acres: 0.1309
  • Lot Size Sq Ft: 5700.00
  • Lot Size Units: SqFt
  • Price Per Acre: 18716577.54

Rental Info

  • Tenant Pays: Electricity, Gas, Water
  • Units Furnished: None

Building Info

  • Number of Units Total: 5

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 15.12
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 2
  • Number Of4 Bedroom Units: 1
  • Number Of Units Leased: 3
  • Separate Meters: Electricity, Gas, Water

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Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $2,100,000 0.0% $483 / Sq Ft
04/01/2025 04/01/25 Price Changed $5,200 0.0% $4 / Sq Ft
03/31/2025 03/31/25 For Rent $5,200 0.0% --
01/29/2025 01/29/25 Pending -- -- --
12/26/2024 12/26/24 For Sale $2,175,000 -11.2% $500 / Sq Ft
08/16/2022 08/16/22 Sold $2,450,000 -5.8% $564 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $2,600,000 -- $598 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 422669920

San Francisco Association of REALTORS® MLS