Comm Ri Multi-units 5+ For Sale
5,346 Sqft - 1412 9th Street, BERKELEY, California 94710
Property Description
Two turnovers this month. well-maintained 8-unit property in the heart of the Gilman District of North West Berkeley. The property consists of two free-standing four-unit buildings on a large lot, with 1:1 parking, coin op laundry, and attractive landscaping. The units are individually metered for PG&E and Water. Recent capital improvements include new roofs, seismic improvements, French and subsurface drains, recent sewer lateral replacement, dual pane windows throughout, and four remodeled units. A new owner will benefit from a well maintained property with in-place cash flow, and can look forward to significant rental upside and a rapidly appreciating neighborhood
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40777319
Price : $1,925,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 5,346 Sqft
Year Built : 1963
Lot Area : 0.19 Sqft
Features
Heating System : Wall Furnace
Cooling System : Other
View : Other
Roof : Composition Shingles, Rolled Composition
Address Map
Country : US
State : CA
County : Alameda
City : BERKELEY
Zipcode : 94710
Street : 9th Street
Street Number : 1412
Floor Number : 0
Longitude : W123° 42' 8.3''
Latitude : N37° 52' 39.5''
MLS Addon
Office Name : TRANSWESTERN PROPERTY CO WEST
Building Type : Garden Apts
Area : Berkeley Map Area 5
Address : 1412 9th Street
Cross Street : Camelia
Directions to Property : Gilman to 9th
LA1User Code : R01938745
LA1Agent First Name : Matthew
LA1Agent Last Name : Reagan
Status Category : Sold
Tot # Parking Spaces : 8
Tot # of Units : 8
List $/SqFt : $360
Age : 54
Apx Lot Sq Ft : 8,450 Sqft
Type of Building : Apt Complex
Annual Taxes : $29,470
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Wired For Cable Tv, Greenbelt, Garden, Extra Storage, Play Area
ALL UNITS HAVE : Refrigerator
EQUIPMENT ADDITIONAL : Dryer, Washer
EXTERIOR : Stucco, Dual Pane Windows
FLOORING : Other, Tile
LOT DESCRIPTION : Down Slope
ON-SITE PARKING DESC : Carports - 2 Or More, Covered Parking
OPERATING EXPENSES : Trash Removal
SEPARATE METERS : Electric, Gas, Water
SOME UNITS HAVE : Deck
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
ENERGY SAVING FEATURE : Other
LAUNDRY : Community Facility
Census Tract : 94710
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $49,772
2nd Loan Balance : $154,978
Tot Other Loans : $3,481
Financial Data Verif(Y/N) : 5.4
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,800,000
Sold Price : $1,875,000
Previous Price : $1,900,000
Sale $/SqFt : $0
