NOT LISTED FOR SALE

Estimated Value: $1,393,000 - $1,807,753

8 Beds
5 Baths
3,273 Sq Ft
$505/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $1,687,500 $516 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $11,661/month

47 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Tile Flooring
  • Rosa Parks Elementary School Rated A
  • Tankless Water Heater
  • Fenced

About This Home

As of May 2023

At 3,273 sq.ft., Berkeley’s 834 Bancroft Way is a fourplex that’s sizable without being unmanageable—great news for any buyer interested in doing their own upkeep. Three of the four four units are currently tenant occupied and generate $11,934 in monthly income. However, one of the four units, a 3-bedroom 2-bath unit, shall be delivered vacant at the end of May, presenting an opportunity for a new tenant or owner-occupancy. The property comes with a host of amenities, including a spacious backyard patio, laundry facilities, and onsite parking for one car per unit. Additionally, the property has been upgraded in numerous ways, such as an entire remodel for Unit B and spot upgrades for the remaining three units. Other upgrades include on-demand water heaters and a new roof installed in 2018. One more thing that’s worth mentioning about this fantastic investment opportunity?—834 Bancroft is next to major employers such as Bayer and Kaiser, ensuring any vacancy will be short lived. It’s also close to Fourth St shopping and popular eateries (including Tomate Café and Viks Chaat) and great public spaces (including Strawberry Creek Park and McLaughlin State Seashore).

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 03/16/2023

Keller Williams Realty

Last Buyer's Agent

James Schalich

Redfin License #02050584

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,171

Year Built

  • Built in 1966

Lot Details

  • 4,600 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Front Yard

Home Design

  • Quadruplex
  • Frame Construction
  • Wood Siding

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Uncovered Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Cooling Available
  • Wall Furnace
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3,273 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 56194131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,171

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Year Built: 1966
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Directions: Allston Way left to Sixth St left to Bancroft Way.
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl, Carpet
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater, Tankless Water Heater
  • Total Bedrooms: 8

Exterior Features

  • Fencing: Fenced
  • Lot Features: Front Yard, Paved
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Front Yard, Yard Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2+

Utilities

  • Heating: Wall Furnace
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: Ceiling Fan(s)
  • Laundry Features: Common Area, Dryer, Laundry Room, Washer, Washer/Dryer Stacked Incl
  • 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: 4600
  • Parcel Number: 56194131
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4232.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 18, 2023
Sold by
Wong Carol S
Bought by
Mcallister James Paul and Mcallister Meghan Francis
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
James Schalich
Redfin
List Price
$1,750,000
Sold Price
$1,687,500
Premium/Discount to List
-$62,500
-3.57%
Total Days on Market
47
Views
62
Current Estimated Value
$1,652,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,312
Avg. Annual Appreciation
-1.02%
Original Mortgage
$1,181,250
Outstanding Balance
$1,153,372
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$498,816

Purchase Details

Closed on
Jun 25, 2020
Sold by
834 Bancroft Llc
Bought by
Wong Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2018
Sold by
Wong Carol S
Bought by
834 Bancroft Llc

Purchase Details

Closed on
Jun 25, 2015
Sold by
Sgt Two Llc
Bought by
Wong Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2014
Sold by
Robinson Michael M
Bought by
Sgt Two Llc and Sgt Investments Llc
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 Buyer Sale Price Title Company
Mcallister James Paul $1,687,500 Fidelity National Title Compan
Wong Carol S -- Wfg National Title Ins Co
834 Bancroft Llc -- None Available
Wong Carol S $922,000 Chicago Title Company
Sgt Two Llc $705,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcallister James Paul $1,181,250
Previous Owner Wong Carol S $975,000
Previous Owner Wong Carol S $1,000,000
Previous Owner Wong Carol S $892,500
Previous Owner Wong Carol S $801,000
Previous Owner Wong Carol S $632,000
Previous Owner Robinson Michael M $591,500
Previous Owner Robinson Michael M $461,500
Previous Owner Robinson Michael M $10,000
Previous Owner Robinson Michael M $343,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,687,500 -- --
05/23/2023 05/23/23 Sold $1,687,500 -3.6% $516 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,750,000 -- $535 / 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 $29,171 $1,721,250 $516,375 $1,204,875
2023 $21,096 $1,065,047 $319,514 $745,533
2022 $20,173 $1,044,164 $313,249 $730,915
2021 $20,186 $1,023,695 $307,108 $716,587
2020 $19,093 $1,013,203 $303,961 $709,242
2019 $18,292 $993,344 $298,003 $695,341
2018 $17,918 $973,871 $292,161 $681,710
2017 $17,299 $954,776 $286,433 $668,343
2016 $16,665 $936,060 $280,818 $655,242
2015 $13,783 $719,085 $215,725 $503,360
2014 $8,713 $279,560 $83,868 $195,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41021690

bridgeMLS

APN: 056-1941-003-01