Comm Ri Multi-units 5+ For Sale
4,077 Sqft - 2447 Derby St, BERKELEY, California 94705
Property Description
2447 Derby Street is located in a prime Berkeley location, this five-unit property offers updated interiors with an attractive unit mix consisting of one 2- bedroom, 1-bathroom unit and four 1-bedroom, 1-bathroom units as well as four off-street parking spots and two garage spaces. The property is individually metered for gas and electricity, keeping expenses low. Being just steps away from the UC Berkeley campus, this property has steady turnover allowing for consistent rent growth. This is an extremely rare opportunity to acquire a great asset in a prized Berkeley location.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40942799
Price : $1,450,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,077 Sqft
Year Built : 1908
Lot Area : 0.12 Sqft
Features
Heating System : Electric
Cooling System : See Remarks
Roof : Shingle
Address Map
Country : US
State : CA
County : Alameda
City : BERKELEY
Zipcode : 94705
Street : Derby St
Street Number : 2447
Floor Number : 0
Longitude : W123° 44' 32.2''
Latitude : N37° 51' 42.2''
MLS Addon
Office Name : Joseph M. Tapia, Broker
Building Type : Lowrise (1-3 Flrs)
Area : Berkeley Map Area 5
Address : 2447 Derby St
Cross Street : Telegraph Ave
Directions to Property : Take Telegraph North to Derby
LA1User Code : R02008347
LA1Agent First Name : TIMOTHY
LA1Agent Last Name : WARREN
Status Category : Sold
Tot # Parking Spaces : 6
Tot # of Units : 5
List $/SqFt : $356
Age : 113
Apx Lot Sq Ft : 5,160 Sqft
Type of Building : Apt Complex
Annual Taxes : $17,661
Total Deposits : $0
ADDTL FEATURES MISC. : Garden
EQUIPMENT ADDITIONAL : Other
EXTERIOR : Stucco, Siding - Stucco
FLOORING : Carpet, Tile
LOT DESCRIPTION : Front Yard
ON-SITE PARKING DESC : Parking Area, Garage Parking
TENANT PAYS : Electric, Gas, Water, Trash
WATER/SEWER : Sewer In Street, Meter On Site
Census Tract : 4236.02
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $2,500
2nd Loan Balance : $104,604
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.3%
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 : $1,450,000
Sold Price : $1,380,000
Previous Price : $1,450,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 104604
Annual Gross Sched Inc : 104604
Net Oper Income : 61951
Annual Mgmt Exp : 0
Annual License Exp : 2857
Annual Util Exp : 6300
Other Ann Exp : 0
Tot Ann Oper Exp : 39514
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 2222
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01870488
ZIDX Only Street Name : Derby 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 : 0
Gross Income : 104604
Listing Broker DRE Numbe : 01870488
Sale/Original $ : 95
Annual Exp Yr : 39514
Sale $/SqFt : 338
1st - Yrs Remaining : 0
Sale/Last List $ : 95
Interest Rate : 0
Board ID : Bridge AOR
Assessors Parcel No : 55-1840-14
Showing : Yes
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 : 1380000
Address Search Number : 2447
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 : 11
Input Date : 25/03/2021 21:04:04
Update Date : 26/05/2021 17:05:58
PhotoTimestamp : 26/05/2021 17:05:58
First Photo Add Timestamp : 25/03/2021 21:04:06
List Date : 25/03/2021
Expire Date :
Pending Date : 30/03/2021
Closing Date : 25/05/2021
Status Date : 26/05/2021
Price Date : 26/05/2021
Off Market Date : 30/03/2021
Status : Sold
Dual Variable : Yes
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date : 25/03/2021
DOMLS : 5
Cumulative DOMLS : 5
