Comm Ri Multi-units 5+ For Sale
6,000 Sqft - 2119 Russell St, BERKELEY, California 94705
Property Description
Pleased to present 2119 Russell Street, an eight-unit multifamily property in a prime South Berkeley location. The property consists of eight 2-bedroom, 1-bathroom apartments averaging 750 square feet all finished with granite countertops and hardwood floors. The property offers on-site laundry and a rear, open-air courtyard. The building has eight private garage spaces, increasing the desirability for tenants and offering the owner an additional revenue source. This is a truly rare pride-of-ownership asset at a very attractive price.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40913842
Price : $2,595,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,000 Sqft
Year Built : 1961
Lot Area : 0.12 Sqft
Features
Heating System : Wall Furnace
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : BERKELEY
Zipcode : 94705
Street : Russell St
Street Number : 2119
Floor Number : 0
Longitude : W123° 44' 1.7''
Latitude : N37° 51' 25.4''
MLS Addon
Office Name : JOSEPH M. TAPIA, BROKER
Building Type : Lowrise (1-3 Flrs)
Area : Berkeley Map Area 5
Address : 2119 Russell St
Cross Street : Shattuck
Directions to Property : Russell St
LA1User Code : R02008347
LA1Agent First Name : TIMOTHY
LA1Agent Last Name : WARREN
Status Category : Sold
Tot # Parking Spaces : 8
Tot # of Units : 8
List $/SqFt : $432
Age : 59
Apx Lot Sq Ft : 5,375 Sqft
Type of Building : Apt Complex
Annual Taxes : $39,540
Total Deposits : $0
ALL UNITS HAVE : Refrigerator, Oven Range Built-in, Disposal
EQUIPMENT ADDITIONAL : Garage Door Opener, Washer, Water Heater Gas
EXTERIOR : Stucco
FLOORING : Hardwood Floors
LOT DESCRIPTION : Regular
ON-SITE PARKING DESC : Below Ground Parking
SEPARATE METERS : Electric, Gas
TENANT PAYS : Electric, Gas
WATER/SEWER : Sewer System - Public
LAUNDRY : Coin Operated
Census Tract : 4235.00
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Arm
Other Loans (Y/N) : No
1st Loan Balance : $4,800
2nd Loan Balance : $218,928
Tot Other Loans : $1,200
Financial Data Verif(Y/N) : 5.67%
FINANCIAL DATA SOURCE : Owner, Estimated
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,649,000
Sold Price : $2,475,000
Previous Price : $2,649,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 218928
Annual Gross Sched Inc : 218928
Net Oper Income : 147145
Annual Mgmt Exp : 0
Annual License Exp : 5865
Annual Util Exp : 9144
Other Ann Exp : 2160
Tot Ann Oper Exp : 6673
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 3564
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01870488
Gross Rent Multiplier : 11.85
ZIDX Only Street Name : Russell St
Buyer Agent DRE Num. : 02008347
Co List Agent DRE Num. : 02008347
List Agent DRE Num. : 02008347
LA1Agent License ID : 02008347
SA1Agent First Name : TIMOTHY
SA1Agent Last Name : WARREN
SA1Agent License ID : 02008347
SA1User Code : R02008347
Annual Vacancy : 6478
Gross Income : 218928
Listing Broker DRE Numbe : 01870488
Sale/Original $ : 93
Annual Exp Yr : 65215
Sale $/SqFt : 412
1st - Yrs Remaining : 0
Sale/Last List $ : 95
Interest Rate : 0
Board ID : OAKLAND BERKELEY
Assessors Parcel No : 53-1686-19
Showing : Contact Agent
SO1Office Abbreviation : OBOJMTB
SO1Office Name : JOSEPH M. TAPIA, BROKER
LO1Main Office ID : 41278
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 41278
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 2475000
Address Search Number : 2119
Listing Agent : 302051
Listing Office : 41278
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 302051
Buying Office 1 : 41278
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 7
Input Date : 24/07/2020 21:40:46
Update Date : 19/03/2021 19:31:06
PhotoTimestamp : 24/07/2020 21:42:30
First Photo Add Timestamp : 24/07/2020 21:40:48
List Date : 24/07/2020
Expire Date :
Pending Date : 03/12/2020
Closing Date : 19/03/2021
Status Date : 19/03/2021
Price Date : 19/03/2021
Off Market Date : 03/12/2020
Status : Sold
Dual Variable : Yes
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date : 24/09/2020
LVT Date : 24/07/2020
DOMLS : 115
Cumulative DOMLS : 115
