Berkeley, CA 94703,1525 Derby ST
Berkeley, CA 94703,1525 Derby ST
Berkeley, CA 94703,1525 Derby ST
Berkeley, CA 94703,1525 Derby ST
Berkeley, CA 94703,1525 Derby ST
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$1,450,000

$1,479,000

2.0%
Est.Price: ?

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Est. payment /mo

6,629 Sqft Lot


SOLD DATE : 12/11/2023

Key Details

Sold Price $1,450,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81928592

Sold Date 12/11/23

HOA Y/N No

Year Built 1910

Annual Tax Amount $18,023

Lot Size 6,629 Sqft

Property Description

REDUCED PRICE 9/20 to $1,479,000! $147,024 Annual Income with stable tenants at or close to market rent. Building consists of (6) 1bedroom1/bathroom units. GREAT South/Central Berkeley Location. Very Easy to Manage, Alarm & Fire System, Individual Parking Spaces. One Unit VACANT, all other Tenants are Section 8. 2023 Rent Increases can be Issued to Most Tenants - Market 7.7% CAP! Motivated Seller!!!

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning R2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Roof Type Other

Total Parking Spaces 6

Building

Water Public

Schools

School District Other

Others

Tax ID 0541802011

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Neel Bhatia • Coldwell Banker Realty
Bought with Willem Bos
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