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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

    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.

    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#: 41038700MLS Logo

    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
    Get a cash offer in 3 minutes

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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