One block from UC Berkeley. Four units, ten bedrooms, all vacant. 2713 Ridge Road sits on Berkeley's Northside, one block from campus and minutes from the Euclid Avenue corridor. Nothing here comes with a tenant to work around — ten bedrooms across four units, a blank page for a buyer to fill in from day one, right where the need for a bed near Cal renews every August. Two 2BR/1BA units and two 3BR/1BA units, 3,336 SF on a 5,500 SF lot, built 1943. Five years of ownership reinvestment mean capital goes into interiors, not the envelope: new roof, front stairwell reconstruction, siding repair and paint, new windows, plumbing upgrades, new electrical panels, replaced sewer lateral. Partial bay views. Gas and electricity separately metered. Garage, three permitted street spaces, basement storage rooms, plenty of upside in the garage level for parking or ADU exploration, subject to city approval. Projected gross income $172,800, an 11.5 GRM, $598/SF, $498,750 per unit. Buildings this close to campus rarely trade, and they almost never trade empty. This one is doing both.
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Zillow last checked:
Listing updated:
Listed by:
Joey WangDRE #01890931510-592-5554,
Keller Williams Realty
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41143871
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 4
Heating
Electric
Cooling
Heat Pump
Appliances
Laundry: In Basement
Features
Flooring: Tile, Vinyl
Basement: Finished
Interior area
Total structure area: 3,336
Total interior livable area: 3,336 sqft
Property
Parking
Parking features: Attached
Has attached garage: Yes
Features
Exterior features: Back Yard
Lot
Size: 5,662 Square Feet
Features: Paved
Details
Parcel number: 5822046
Zoning: R-3H
Special conditions: Subject to Court Confirmation
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Materials
Frame, Wood Shingles
Condition
Year built: 1943
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Individual Electric Meter, Individual Gas Meter, Master Electric Meter
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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