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$ 1,350,000
Est. payment /mo
Pending
1718 Bancroft Way Berkeley, CA 94703
5,813 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 5,813 sqft
Price per Sqft $232
Subdivision Central Berkeley
MLS Listing ID 41129568
HOA Y/N No
Lot Size 4,494 Sqft
Acres 0.1
Property Sub-Type Multi Family
Property Description
Discover this unique mixed-use property located in the heart of Berkeley and its great income and use potential. This building offers a combination of residential and commercial spaces, featuring three residential income units on the second level, (all delivered vacant) and three commercial/retail spaces at street level. The residential units are two 1-bedroom units and 1 2-bedroom with a notable feature: a spacious second-level loft accessible by an interior staircase in the unit. The size and presence of this loft allow the unit to function more like a 2-bedroom unit, potentially attracting higher rental income. It is move-in ready with fresh interior paint, new carpeting and refinished wood floors. Directly below this unit are commercial spaces, offering a degree of convenience for those considering a build-out of the commercial units. The commercial spaces have storefront facades, high ceilings, and natural light a shared bathroom and kitchenette. The third commercial unit is occupied by a long-term business (since 1990). The building showcases the character, charm, and quality craftsmanship typical of the early 1900s and is just blocks from downtown Berkeley.
Location
State CA
County Alameda
Rooms
Basement None
Interior
Heating Natural Gas
Cooling None
Flooring Linoleum, Carpet, Wood
Fireplace No
Appliance Dryer, Washer, Gas Water Heater
Laundry Common Area
Exterior
Utilities Available Individual Gas Meter
Total Parking Spaces 1
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5519085
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Listed by Elic Suazo • Red Oak Realty
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