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Grant Chappell
NAI Northern California
510-336-4712
New to market, 2435 Ninth Street in Southwest Berkeley, a high cashflow asset day one with significant rental upside. The property consists of one 3-Bed 1-Bath, one split level 1-bed 1-bath unit and four split level 2-bed 1-bath units with private balconies and shared communal space. The property is separately metered for gas and electric. The building underwent a full seismic retrofit, along with recent roof and unit upgrades. This is a unique opportunity for an investor to capture a low maintenance property with opportunity to increase cash-flow.
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Total Baths: 0
None
Air Conditioning
Wall Furnace
Has Heating
Year Built: 1964
Construction: Stucco
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1492
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6500
Original List Price: 1,950,000
Listing Contract Date: 2024-03-26
Parcel Number: 56193525
Lease Term: Negotiable
Tenant Pays: Gas
Source Listing Status: Active
Source Neighborhood:
Directions: Channing to 9th Cross Street: Channing.
Source Property Type: Residential Income
Property Age: 60
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2035 9th Street, Berkeley, CA,94710 | $1,350,000 | -- | -- | 2,396 | 5200 Sqft |
776 Page Street, Berkeley, CA,94710 | $1,295,000 | 3 | 2 | 1,517 | 5532 Sqft |
1434 Fifth St., Berkeley, CA,94710 | $1,475,000 | 3 | 2 | 1,597 | 4358 Sqft |
1030 Grayson St, Berkeley, CA,94710 | $1,098,000 | 3 | 2 | 1,664 | 5000 Sqft |
8th Street, Berkeley, CA,94710 | $440,000 | 1 | 1 | 444 | -- |
1450 4th #13, Berkeley, CA,94710 | $649,000 | 1 | 1 | 1,452 | 1452 Sqft |
2410 9th St, Berkeley, CA,94710 | $1,750,000 | 10 | 4 | -- | 6874 Sqft |
1312 4th St, Berkeley, CA,94710 | $499,000 | 2 | 1 | 862 | 82465 Sqft |
936 Camelia Street, Berkeley, CA,94710 | $775,000 | 2 | 1 | 986 | 3900 Sqft |
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ByOwner last updated this listing 05/07/2024 @ 22:15
MLS: 41053964
LISTED BY: Grant Chappell, NAI Northern California
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.