1612 Parker St, Berkeley, CA 94703 - Berkshire Hathaway HomeServices California Properties
1612 Parker St Berkeley, CA 94703
$2,875,000 0 beds, 0 baths
0 sqft

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41082213
List price is $2,875,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1964
0.21 acres
Lot size: 0.2104
County: Alameda
Construction: Stucco
Heating/cooling: None
Heating description: Wall Furnace

Last Updated: 1/20/2025

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Lat/Long: 37.860579, -122.277729.
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Listing Agent: Negar Souza
Co Listing Agent: Feri Niroomand
Lic#: 01234982
Office Name: Mission Viejo

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