Co-listed with Ismael Benhamida & Chris Saiz, we are pleased to bring to market a fantastic opportunity to own a five-unit property located at 1616 Prince Street in Berkeley California. The property is in a fantastic location just two blocks off Ashby Avenue and only five blocks from the Ashby Bart station. The property consists of four one-bedroom apartments and a nicely updated two-bedroom one-bathroom single family home that is vacant. The four one-bedroom apartments all have similar layouts with separate kitchen areas, a large living room and separate bedroom with a bathroom in the hallway. Two of the four apartments have been updated with new appliances, updated bathrooms, and updated kitchens. All of the units are separately metered for water and PGE. 1616 Prince street is an amazing opportunity for an owner user to own an investment where you can live in the single family home and rent out the other four units for additional income. Cap is 5.28, GRM 12.54
Sold for $1,100,000 on 12/07/22
$1,100,000
1616 Prince St, Berkeley, CA 94703
6beds
0baths
2,634sqft
Multi Family
Built in 1939
-- sqft lot
$-- Zestimate®
$418/sqft
$4,350 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 07, 2022 at 11:17am
Listed by:
Joseph V. Levy DRE #01932439 415-990-1051,
Compass Commercial 415-345-3000,
Sebastian Gaetani DRE #01964305 415-250-3831,
Compass Commercial
Bought with:
Ilknur Saglam, DRE #01368188
PACIFIC MORTGAGE CONSULTANTS
Source: SFAR,MLS#: 422694621
Originating MLS: San Francisco Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 0
Interior area
- Total structure area: 2,634
- Total interior livable area: 2,634 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Lot
- Features: None
Details
- Parcel number: 052154502600
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1939
Community & neighborhood
Location
- Region: Berkeley
HOA & financial
HOA
- Has HOA: No
Other financial information
- Total actual rent: 0