CA > Berkeley
Berkeley, CA 94703,1612 Parker St
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Berkeley, CA 94703,1612 Parker St
Berkeley, CA 94703,1612 Parker St
Berkeley, CA 94703,1612 Parker St
Berkeley, CA 94703,1612 Parker St
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Rick Lee

Rick Lee

+1(714) 943-1598
$ 2,875,000
Est. payment /mo
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1612 Parker St Berkeley, CA 94703

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41082213

HOA Y/N No

Year Built 1964

Property 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; it's 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. Don't miss your chance to own a fabulous building in this iconic city—opportunities 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.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Total Parking Spaces 5

Others

Tax ID 54180419

CRMLS – RECore
Listed by Negar Souza Red Oak Realty
Rick Lee

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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