Homes for sale - 2215 Cedar St, Berkeley, CA 94709

Additional details

JLee Broker

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

Listed by Jatin Mehta • Kite Hill Real Estate

$2,500,000

Est. payment - /mo

5 Beds

2 Baths

4,601 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,601 sqft

Price per Sqft $543

MLS Listing ID MR41094858

Bedrooms 5

Originating Board Bridge MLS

Year Built 1901

Lot Size 6,866 Sqft

Property Sub-Type Five or More Units

Property Description

To access marketing package copy/paste: https://bit.ly/kitehillre. Located at 2215 Cedar Street in the heart of North Berkeley, this property offers an excellent unit mix, consisting of six 1-bedroom units and one spacious 2-bedroom unit. This combination provides a versatile rental opportunity, catering to a range of tenants. Each unit has been extensively renovated, with modern finishes and upgrades that make them highly attractive in today's market. The improvements, which include new siding, a new roof, plumbing, electrical systems, windows, decks, stairs, and tankless water heaters, were all completed with permits, ensuring quality and compliance. The property is fully occupied and currently generates over $17,000 per month in rental income, with significant upside potential. With an estimated 15% to 20% increase in rents, there is ample room for growth in cash flow. Additionally, the property includes 1:1 off-street parking for tenants, providing convenience and ensuring a hassle-free living experience. Onsite coin-operated laundry facilities are available for tenant use, adding extra value and ease to everyday living. Situated just a short walk from UC Berkeley, 2215 Cedar Street offers an A+ location that is highly sought after by students and professionals alike.

Location

State CA

County Alameda

Area Berkeley Map Area 1

Interior

Heating Gas

Cooling None

Flooring Wood

Laundry Laundry Facility - Coin-Op

Exterior

Exterior Feature Stucco

Parking Features Tandem Parking

Garage Spaces 7.0

Building

Lot Description Regular

Sewer Sewer - Public

Others

Tax ID 59-2256-16

Special Listing Condition New, Not Applicable

Read Less Info

Get More Information

JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

Quick Search

2215 Cedar St Berkeley, CA 94709

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Get More Information