x
Address
1615 Parker Street Berkeley, CA
Price
$ 1,795,000
Property Attributes
  • MLS#40869923
  • TypeMulti-Family
  • CountyALAMEDA
  • CityBerkeley
  • AreaBerkeley Map Area 8
  • Zip94703
  • StyleLowrise (1-3 Flrs)
  • Year Built1961
  • Taxes9999
  • Price$ 1,795,000
  • Bedrooms7
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3768
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
Grant Chappell with JOSEPH M. TAPIA, BROKER.
Property Description

Cap rate 5.04% in South Berkeley with Upside! Offers subject to inspection. 1615 Parker Street in South Berkeley. This 5-unit property consists of three 1-bed/ 1-bath units and two 2 bed/ 2 bath units. Parker has been well kept, and recent capital improvements include seismic retrofitting, brand new windows, & a recent roof upgrade. Three of the units have been completely remodeled down to the studs and have upscale kitchens. Due to its excellent location & recent upgrades this high cash flow property is in high demand from tenants.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
6/13/2019 Listed $1,795,000

General Features

Age 58
Annual Exp Yr 9999
Annual Rent Inc 9999
Cap Rate 5.04%
Listing Area Berkeley Map Area 8
Listing Status Active
Misc. Additional Features Other
Status Active
Total Deposits 9999

Interior Features

Basement None
Cooling None
Flooring None
Heating Wall Furnace
Total Number of Units 5
Unit # 1 # Of Bathrooms 1
Unit # 1 # Of Bedrooms 1
Unit # 1 Rent 2195
Unit # 2 # Of Bathrooms 1
Unit # 2 # Of Bedrooms 2
Unit # 2 Rent 2695
Unit # 3 # Of Bathrooms 1
Unit # 3 # Of Bedrooms 1
Unit # 3 Rent 1895
Unit # 4 # Of Bathrooms 1
Unit # 4 # Of Bedrooms 1
Unit # 4 Rent 2095
Unit # 5 # Of Bathrooms 1
Unit # 5 # Of Bedrooms 2
Unit # 5 Rent 2390
Unit 1 # Units This Type? 1
Unit 2 # Units This Type? 1
Unit 3 # Units This Type? 1
Unit 4 # Units This Type? 1
Unit 5 # Units This Type? 1

Exterior Features

Apx Lot Sq Ft 4650
Building Type Lowrise (1-3 Flrs)
Exterior Stucco & Stone
Lot Description Other
Lot Size Area 0.11
Parking Spaces - Assigned, Tandem Parking
Roof Rolled Composition
Total # of Parking Spaces 5
Unit # 1 Parking Spaces 1
Unit # 2 Parking Spaces 1
Unit # 3 Parking Spaces 1
Unit # 4 Parking Spaces 1
Unit # 5 Parking Spaces 1
Water/Sewer Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94703

Price
AVG $2.08M
$1.8M
Taxes
AVG $4,000
$9,999
Visits
AVG 18
6
Year Built
AVG 1945
1961
Walkscore
AVG 77
78
Data Provided by Walkscore ® not using MLS data

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