We are pleased to present 1138 Addison Street, a four-unit multifamily building located in Poet's Corner. The property consists of one 3-bedroom, 1-bathroom apartment and three 1-bedroom, 1-bathroom apartments. Tenants will enjoy the convenience of four off-street parking spaces and on-site laundry. A short walk west will land you on Fourth Street, giving endless restaurant and shopping choices including Peet's Coffee, the Apple Store, and SoulCycle, just to name a few. A walk a few blocks east will deliver daily conveniences such as Target and Strawberry Creek Park, truly adding to the desirability of this location. Tenants will see the benefit of having easy access to North Berkeley BART, city bus lines, and I-80, offering access throughout the Bay Area.
Off market
$1,379,000
1138 Addison St, Berkeley, CA 94702
6beds
4baths
2,682sqft
MultiFamily
Built in 1966
-- sqft lot
$1,379,000 Zestimate®
$514/sqft
$5,485 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Gas
Cooling
- Central
Features
- Flooring: Laminate
Interior area
- Total interior livable area: 2,682 sqft
Property
Parking
- Total spaces: 5
- Parking features: Carport
Features
- Exterior features: Other
Lot
- Size: 3,998 sqft
Details
- Parcel number: 56198523
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
- Roof: Composition
Condition
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Berkeley
HOA & financial
Other financial information
- Total actual rent: 8750
Other
Other facts
- Sewer: Public Sewer
- CarportYN: true
- Heating: Gas
- HeatingYN: true
- Flooring: Laminate
- NumberOfUnitsTotal: 4
- LeaseTerm: Other
- MaintenanceExpense: 2000
- TenantPays: Electricity, Gas
- ExteriorFeatures: Other
- Appliances: Gas Water Heater
- TotalActualRent: 8750
- OperatingExpense: 9971
- Roof: Composition Shingles
- ProfessionalManagementExpense: 0
- InsuranceExpense: 1341
- Cooling: No Air Conditioning
- ParkingFeatures: Carport - 2 Or More
- GrossIncome: 105000
- VacancyAllowance: 3150
- GrossScheduledIncome: 105000
- MlsStatus: Pending
- NetOperatingIncome: 73477
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,379,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,379,000