Properties

Comm Ri Multi-units 5+ For Sale

8,465 Sqft - 2225 Hearst Ave, BERKELEY, California 94709

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Property Description

Prime investment and redevelopment opportunity awaits you in this 8465 sq ft 5 story building in a prime Berkeley location. Located at the corner of Hearst Ave and Oxford St, building is directly across the street from the UC Berkeley campus. The building is currently configured with mixed use. The first floor ground level contains a small commercial space with garden access and private toilet, along with three individual garages. The second floor is an open floor plan, full bathroom, and additional room. It is divided into two sections and was utilized as a Buddhist sanctuary. Floors 3-5 are the residential floors. Floor 3 is the communal area with a large kitchen, living and dining area, an office/study room, two half bathrooms and a shared washer and dryer. On floor 4 there are six individual rooms and two full bathrooms. On floor 5 there are 3 additional rooms and 1 full bathroom as well as a kitchenette. There is also a small deck space here with views overlooking

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40956299
Price : $3,250,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 8,465 Sqft
Year Built : 1926
Lot Area : 0.08 Sqft
Features
Heating System : Forced Air 1 Zone
Basement : Other, Storage Area, Separate Entry
View : City Lights
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Alameda
City : BERKELEY
Zipcode : 94709
Street : Hearst Ave
Street Number : 2225
Floor Number : 0
Longitude : W123° 44' 3.2''
Latitude : N37° 52' 27.8''
MLS Addon
Office Name : Advent Properties, Inc.
Building Type : Other
Area : Berkeley Map Area 1
Address : 2225 Hearst Ave
Cross Street : Oxford
Directions to Property : corner of Oxford and Hearst
LA1User Code : R01919978
LA1Agent First Name : Darryl
LA1Agent Last Name : Glass
Status Category : Pending
Tot # Parking Spaces : 3
Tot # of Units : 9
List $/SqFt : $384
Age : 95
Apx Lot Sq Ft : 3,250 Sqft
Type of Building : Apt Complex
Annual Taxes : $35,000
Total Deposits : $0
ADDTL FEATURES MISC. : Garden, Extra Storage
EQUIPMENT ADDITIONAL : Garage Door Opener, Dryer, Washer, Water Heater Gas, Fire Alarm System, All Public Utilities, Security Gate, Smoke Detector, Carbon Mon Detector
EXTERIOR : Stucco
FLOORING : Linoleum, Carpet, Tile, Hardwood Floors, Unfinished
LOT DESCRIPTION : Regular
ON-SITE PARKING DESC : Other, Garage Parking
OPERATING EXPENSES : Electric, Gas, Insurance, Janitorial, Maintenance/repair, Management, Accounting/legal, Other, Property Tax/assessments, Trash Removal, Vacancy Factor, Water
WATER/SEWER : Water - Public, Sewer System - Public
Census Tract : 422400
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $5,000
2nd Loan Balance : $264,000
Tot Other Loans : $0
Financial Data Verif(Y/N) : 5.2
FINANCIAL DATA SOURCE : Other, Estimated, Incomplete, Property Manager
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : Offer As Is
Original Price : $3,250,000
Sold Price : $0
Previous Price : $3,250,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 60000
Annual Gross Sched Inc : 0
Net Oper Income : 204000
Annual Mgmt Exp : 10000
Annual License Exp : 3000
Annual Util Exp : 5000
Other Ann Exp : 0
Tot Ann Oper Exp : 60000
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 5000
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01897998
ZIDX Only Street Name : Hearst Ave
Buyer Agent DRE Num. : 01919978
Co List Agent DRE Num. : 01919978
List Agent DRE Num. : 01919978
Branded Media Link : https://idxhome.com/homes/127371/2/2225-HEARST-AVE
LA1Agent License ID : 01919978
SA1Agent First Name : Darryl
SA1Agent Last Name : Glass
SA1Agent License ID : 01919978
SA1User Code : R01919978
Annual Vacancy : 20
Gross Income : 264000
Listing Broker DRE Numbe : 01897998
Sale/Original $ : 0
Annual Exp Yr : 60000
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Bridge AOR
Assessors Parcel No : 58-2181-18
Showing : Call Agent to schedule Appt
SO1Office Abbreviation : OBOFPRP
SO1Office Name : Advent Properties, Inc.
LO1Main Office ID : 22559
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 22559
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 : 3250000
Address Search Number : 2225
Listing Agent : 290727
Listing Office : 22559
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 290727
Buying Office 1 : 22559
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 40
Input Date : 26/06/2021 04:52:58
Update Date : 23/07/2021 11:17:22
PhotoTimestamp : 03/07/2021 20:42:03
First Photo Add Timestamp : 26/06/2021 04:52:58
List Date : 25/06/2021
Expire Date :
Pending Date : 23/07/2021
Closing Date :
Status Date : 23/07/2021
Price Date : 25/06/2021
Off Market Date : 23/07/2021
Status : Pending
Dual Variable : No
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : No
Off Market Status Date :
LVT Date : 25/06/2021
DOMLS : 28
Cumulative DOMLS : 28
Comm Ri Multi-units 5+ For Sale
  • Listing ID : 40956299
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 8,465 Sqft
$3,250,000
Agent info
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