Looking for a turn-key asset with minimal operating expenses and massive long term upside with a large lot primed for an ADU? 1614 Alcatraz is the property for you! New and improved price, 1614 Alcatraz is a classic urban four-plex nestled in a prime South Berkeley location between Adeline and Sacramento Street. The property consists of four units total with an ideal unit mix of one 2-bedroom apartment and three 1-bedroom apartments. The property is individually metered for electricity/ gas and features a large rear parking lot with 1:1 parking and even room for a possible ADU. This is an excellent opportunity to acquire a fully occupied residential asset in an A+ South Berkeley location and take advantage of attractive residential financing.
Sold for $911,000 on 05/11/23
$911,000
1614 Alcatraz Ave, Berkeley, CA 94703
5beds
4baths
2,738sqft
Quadruplex
Built in 1918
-- sqft lot
$883,800 Zestimate®
$333/sqft
$4,065 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 13, 2023 at 03:03am
Listed by:
Grant Chappell DRE #01700439 415-246-4314,
NAI Northern California
Bought with:
Tinus Masbrata, DRE #01252643
Alliance Bay Realty
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41022439
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- No Air Conditioning
Appliances
- Laundry: Common Area
Features
- Updated Baths, Updated Kitchen
- Flooring: Concrete
- Basement: None
Interior area
- Total structure area: 2,738
- Total interior livable area: 2,738 sqft
Property
Parking
- Parking features: Off Street, Parking Lot
Features
- Exterior features: Back Yard, Front Yard, Side Yard
Lot
- Size: 6,534 sqft
Details
- Parcel number: 52152219
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco
Condition
- Year built: 1918
Utilities & green energy
- Electric: No Solar
- Utilities for property: Individual Electric Meter, Individual Gas Meter
Community & neighborhood
Location
- Region: Berkeley
Other
Other facts
- Listing terms: Conventional
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Estimated market value
$883,800