Nestled just one block from the vibrant University Avenue and a mere 8-minute jaunt from UC Berkeley, this enchanting 6-Unit complex boasts an unbeatable location tailor-made for both scholars and professionals alike. Its cyclist-friendly lanes, swift access to I-80, and close proximity to public transit and the bustling 4th Street shopping district epitomize the epitome of convenience and a covetable lifestyle for its residents. This property, encompassing six units - including (4) inviting 1-bedroom units and two cozy studios - sprawls across approximately 2,736 square feet and comes with 6 parking spaces, coin laundry and secure bike racks. Originally crafted in 1962, the complex gracefully occupies an expansive lot measuring roughly 5,200 square feet, presenting an enticing opportunity for astute investors aiming to harness the escalating rental rates in the area. With an astonishing 42% upside in rental income potential, this property stands poised to yield an impressive annual income of $113,942, translating into an estimated gross rental income that surges past $9,495 each month, making it an irresistible proposition for those seeking substantial returns on their investments.
Sold for $1,387,000 on 02/15/24
$1,387,000
2112 9th St, Berkeley, CA 94710
--beds
--baths
2,736sqft
MultiFamily
Built in 1962
-- sqft lot
$1,315,800 Zestimate®
$507/sqft
$4,686 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 21, 2024 at 11:32am
Listed by:
Jatin Mehta DRE #02045713 949-929-9562,
Pellego
Bought with:
Sukhjinder Singh, DRE #01829397
Alliance Bay Realty
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41038700

Facts & features
Interior
Heating
- Electric
Cooling
- No Air Conditioning
Appliances
- Laundry: Coin Operated
Features
- Storage
- Flooring: Linoleum, Wood
- Basement: None
Interior area
- Total structure area: 2,736
- Total interior livable area: 2,736 sqft
Property
Parking
- Parking features: Off Street
Lot
- Size: 4,791 sqft
- Features: Regular
Details
- Parcel number: 5619717
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- Stucco
Condition
- Year built: 1962
Community & neighborhood
Security
- Security features: Secured Access
Location
- Region: Berkeley
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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Estimated market value
$1,315,800
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
$1,315,800