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$2,190,000
1737 Addison St, Berkeley, CA 94703
7 Beds
3 Baths
3,587 sqft

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Berkeley students are back to the rental market!!! Rare investment opportunity in Berkeley with over 8.7% gross yield! The main building is a 3 story duplex. This incredible building features a renovated chefs kitchen equipped with Sub Zero Refrigerator, Wolf Range & wine fridge. Lower level 2 bed/1 bath apartment plus additional detached flex space. Multiple large size bedrooms with an updated bathroom. Additional 720 Sqft (approx) detached structure located in the rear gardens w/custom doors & windows made of reclaimed redwood and decks w/hot-tub. Private wrap-around patio & garden. This is perfect for an investor or owner-occupier. The reasons why these units attract high rents are evident. It is suitable to live in the front building by yourself, and rent out the back building for rental incomes. Conveniently located, walking distance to UCB campus, Berkeley downtown, Bart Station, Trader Joe's, Greek Theatre, and commute routes. Don't miss this terrific opportunity!
  • Price:
  • $2,190,000
  • Bedrooms:
  • 7
  • Full Baths:
  • 3
  • Half Baths:
  • 1
  • Square Footage:
  • 3,587
  • Acreage:
  • 0.16
  • Year Built:
  • 1961
  • Listing ID #:
  • 40946270
  • Street Address:
  • 1737 Addison St
  • City:
  • Berkeley
  • State:
  • California
  • Postal Code:
  • 94703
  • County:
  • Alameda
  • Community:
  • Berkeley Map Area 7
  • Subdivision:
  • Berkeley
  • Listing Status:
  • Active
  • Listing Type:
  • Detached
  • Age Of Dwelling:
  • 60
  • Construction Status:
  • Existing
  • Exterior Features:
  • Wood Shingles, Other
  • Flooring:
  • Hardwood Floors, Tile, Carpet
  • Stories:
  • Three Or More Stories
  • Style:
  • Brown Shingle, Craftsman
  • Total Building Square Footage:
  • 3587
  • Type Of Roof:
  • Composition Shingles
  • Year Built:
  • 1961
  • Lot Description:
  • Level
  • Lot Features:
  • Back Yard, Deck(s), Fenced, Front Yard, Sprinklers Automatic, Storage
  • Lot Square Footage:
  • 6900
  • Total Available Acres:
  • 0.16
  • For Sale Or Lease?:
  • For Sale
  • Previous Listing Price:
  • 2190000
  • Terms:
  • Cash, Conventional
  • Price Per Square Foot:
  • 611.00
  • Kitchen:
  • Breakfast Bar, Counter - Solid Surface, Gas Range/Cooktop, Oven Built-In, Updated Kitchen
  • Main Level Rooms:
  • 2 Bedrooms, 1 Bath, Laundry Facility
  • Total Rooms:
  • 15
  • Upper Level Rooms:
  • 3 Bedrooms, 2 Baths, Laundry Facility
  • Parking Description:
  • Carport - 2 Or More
  • Cooling System:
  • No Air Conditioning
  • Equipment:
  • Dryer, Stereo Speakers Built-In, Washer, Water Heater Gas, Tankless Water Heater
  • Heating:
  • Gas, Wall Furnace, Other Heat
  • Laundry:
  • Dryer, In Laundry Room, Washer
  • Water/Sewage:
  • Sewer System - Public, Water - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Lili Xu of Elite RE & Financial Group (: 01923632)
  • EBRDI

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