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1612 Parker St, Berkeley, CA 94703
Priced at Only: $2,875,000
For more Information Call Mobile: 714.478.6676
Address: 1612 Parker St, Berkeley, CA 94703
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  • MLS#: 41071400 ( )
  • Street Address: 1612 Parker St
  • Viewed: 7
  • Price: $2,875,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 118
  • Additional Information
  • County: ALAMEDA
  • City: Berkeley
  • Zipcode: 94703
  • Provided by: Red Oak Realty
  • Contact: Negar Negar
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Discover a rare chance to own a stunning 8 unit building in one of Berkeley's most desirable neighborhoods! This well maintained property exudes pride of ownership and is set on a generous lot that features five reserved parking spots and a convenient community laundry area. Each of the 8 units offers spacious 2 bedroom, 1 bathroom layouts, perfect for a variety of tenants. Several units have been tastefully updated, adding modern touches while retaining their classic charm. Additionally, the property includes a non conforming manager's unit, providing extra flexibility for onsite management or additional rental income*. Some units also have additional storage and balconies. This is not just an investment; its an opportunity to be a part of the rich tapestry of Berkeley, a city known for its eclectic mix of cultures, progressive spirit, and unparalleled intellectual vibrancy. Dont miss your chance to own a fabulous building in this iconic cityopportunities like this are truly one of a kind! Cap Rate of 6% Huge upside potential. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information. Buyer must conduct their own investigation with the city and appropriate boards and rely solely on that investigation.
Features
Association Fee
  1. 0.00
Construction Materials
  1. Stucco
Cooling
  1. None
Days On Market
  1. 38
Heating
  1. Wall Furnace
Parcel Number
  1. 54180419
Sourcesystemkey
  1. 41071400:BMLS
Year Built
  1. 1964
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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