Berkeley, CA 94701,1504 10th

$1,467,200

Est. payment /mo

$1,450,000

1.2%
Est.Price: ?

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1504 10th Berkeley, CA 94701

3,194 SqFt

SOLD DATE : 08/10/2022

Key Details

Sold Price $1,467,200

Property Type Commercial

Sub Type Garden Apts

Listing Status Sold

Purchase Type For Sale

Square Footage 3,194 sqft

Price per Sqft $459

MLS Listing ID 40996904

Year Built 1926

Lot Size 8,600 Sqft

Property Sub-Type Garden Apts

Property Description

4 Charming Cottages plus a duplex above 4 garages in back. Gross Scheduled Income $112,800 per year, GRM 12.85 Cap rate over 5%. Side yard with pavers, lawn, lemon tree and roses. 2 additional storage spaces. Beautiful garden with automatic watering system. PSL just completed. New roof on duplex in 2010 and new roof on 4 cottages in 2016. Drainage system with sump pump installed in 2015. Double pane windows. 6 water and 6 PG&E meters. Each unit has a garage or a storage space. A verdant setting near cafes, shops and stores.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Flooring Linoleum, Tile, Vinyl, Carpet

Exterior

Exterior Feature Garden, Greenbelt, Lawn Sprinkler

Utilities Available Natural Gas Available, Individual Electric Meter, Individual Gas Meter

Building

Lot Description Irregular Lot, Front Yard, Garden

Sewer Public Sewer

New Construction No

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Bridge MLS
Listed by Bill Grimason • Red Oak Realty
Bought with SharonHo
Devin Ratoosh

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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