Homes for sale - 1612 Parker St, Berkeley, CA 94703

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Negar Souza • Red Oak Realty

$2,875,000

Est. payment - /mo

9,205 SqFt

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Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,205 sqft

Price per Sqft $312

MLS Listing ID MR41082213

Year Built 1964

Lot Size 9,163 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property 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.

Location

State CA

County Alameda

Area Berkeley Map Area 8

Interior

Heating Wall Furnace

Cooling None

Flooring Other, Tile, Hardwood

Laundry Community Facility

Exterior

Exterior Feature Stucco

Garage Spaces 5.0

Roof Type Other

Building

Lot Description Regular

Sewer Sewer - Public

Water Public

Others

Tax ID 54-1804-19

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1612 Parker St Berkeley, CA 94703

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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