Properties

Comm Ri Multi-units 5+ For Sale

3,102 Sqft - 1628 Fairview Street, BERKELEY, California 94703

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Property Description

1628 Fairview is located in South Berkeley on a quiet street within blocks of the Ashby BART station. We are pleased to introduce this quaint, yet beautiful property featuring five 1 bedroom/1 bath units; 4 of which have been extensively remodeled. Built in 1896, the entire property maintains attractive details including refinished hardwood floors, remodeled kitchens, and large windows that allow for ample natural light. The building is a one of a kind; featuring three-stories of Victorian style living spaces with a recently redone steel/wood staircase and deck (2013). The seller has also upgraded the electrical systems, plumbing systems, and is currently installing a new wood fence that is not reflected in the photos of the property. The previous owners installed a new concrete foundation. With over an 8% return from day one, this is one of the highest cash flow deals on the market and this property is an ideal long term investment that is rarely seen in the Berkeley area.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40791444
Price : $1,445,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3,102 Sqft
Year Built : 1896
Lot Area : 0.18 Sqft
Features
Heating System : Gas, Other Heat
View : Other
Roof : Other, Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : BERKELEY
Zipcode : 94703
Street : Fairview Street
Street Number : 1628
Floor Number : 0
Longitude : W123° 43' 30.3''
Latitude : N37° 50' 59.5''
MLS Addon
Office Name : COMPASS
Building Type : Lowrise (1-3 Flrs)
Area : Berkeley Map Area 8
Address : 1628 Fairview Street
Cross Street : king street
Directions to Property : 1628 Fairview
LA1User Code : R01816078
LA1Agent First Name : BEN
LA1Agent Last Name : WEIL
Status Category : Sold
Tot # Parking Spaces : 5
Tot # of Units : 5
List $/SqFt : $466
Age : 121
Apx Lot Sq Ft : 6,750 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ALL UNITS HAVE : Other
DISABLED FEATURES : Other
EQUIPMENT ADDITIONAL : Other, Dryer, Washer, Tankless Water Heater
EXTERIOR : Other, Wood Frame
FLOORING : Other
LOT DESCRIPTION : Regular
ON-SITE PARKING DESC : Space Per Unit - 1
OPERATING EXPENSES : Trash Removal, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Other, Updated Baths, Updated Kitchen
TENANT PAYS : Electric, Gas
UNITS-OTHER : Other
WATER/SEWER : Other
ENERGY SAVING FEATURE : Other
LAUNDRY : Dryer, Washer, Common Room
Census Tract : no
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $116,340
Tot Other Loans : $2,400
Financial Data Verif(Y/N) : 5.46
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 : $1,445,000
Sold Price : $1,440,000
Previous Price : $1,445,000
Sale $/SqFt : $0
Comm Ri Multi-units 5+ For Sale
  • Listing ID : 40791444
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 3,102 Sqft
$1,445,000
Agent info
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