1612 Parker St, Berkeley, CA 94703 | For Sale

Loading map...
Back to Search    

For Sale $2,875,000

$2,875,000
  • (0)
  • 8 Units
  • Unknown Sq Ft
  • 9,163 Sq Ft
  • Unknown Cap Rate

Description

Discover a rare chance to own a stunning 8-unit building in one of Berkeley's most desirable neighborhoods! This well-maintained property exudes pride of ownership and is set on a generous lot that features five reserved parking spots and a convenient community laundry area. Each of the 8 units offers spacious 2-bedroom, 1-bathroom layouts, perfect for a variety of tenants. Several units have been tastefully updated, adding modern touches while retaining their classic charm. Additionally, the property includes a non-conforming manager's unit, providing extra flexibility for onsite management or additional rental income*. Some units also have additional storage and balconies. This is not just an investment; it’s an opportunity to be a part of the rich tapestry of Berkeley, a city known for its eclectic mix of cultures, progressive spirit, and unparalleled intellectual vibrancy. Don’t miss your chance to own a fabulous building in this iconic city—opportunities like this are truly one-of-a-kind! Cap Rate of 6% - Huge upside potential. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information. Buyer must conduct their own investigation with the city and appropriate boards and rely solely on that investigation.

Loading map...

Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $2,875,000
Property Type Multi-Family
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 5 spots
Year Built 1964
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 54180419
MLS # 41071400
Property ID 320809114
Lot Sqft 9,163
Zoning Unknown
Total Units 8
Days on Market 84
Original List Price $2,875,000
Date Updated September 30, 2024
Date Created August 29, 2024

Financials not available online. Please inquire with your agent for more details.

$
%
Compare rates
%
Your payment

per month
Estimated payment
Loan amount
Down payment
Interest rate
Loan term
Taxes & insurance included?
Property tax
Homeowner's insurance
HOA dues

Payment Breakdown

Your payment

per month

Amortization

Principal vs. interest



Our powerful mortgage calculator tools helps you estimate your potential mortgage payment on the purchase of a property. Use our tool to find the ideal combination of interest rates, downpayment and real estate purchase price to see the payment that best suits you. Please consult a licensed loan officer to be pre-approved for financing options.

Listing Provided By

Negar Souza an agent of Red Oak Realty. Lic #01701667


© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



Similar Properties

Real Estate Broker
Santa Monica, CA
WE ARE REALTY PARTNER
5
7 Reviews
  • 64Sales
  • 16Listings
  • 36Posts
Contact Agent Schedule a Showing

Write an Offer
Love This Property

people love this property

Love This Property