1518 Bonita Avenue

Berkeley, CA 94709

$2,425,000
Price
Beds
Baths
5,984 Sq. Ft.
$405 / Sq. Ft.
5,984
Sq. Ft.
$405
per Sq. Ft.

Description

An exceptional opportunity to own a well maintained, fully occupied 6-unit property in the highly desirably Gourmet Ghetto of Berkeley. It's located within minutes from UC Berkeley, public transportation, and a variety of shops and restaurants. This property is made up of (1) 4-bedroom/1.5 bath unit, (4) townhouse styled 2-bedroom/1.5-bath units, and (1) 2-bedroom/1-bath unit. Five of the units contain their own enclosed yards, while the 6th has a spacious balcony. There are 6 dedicated parking spaces...An exceptional opportunity to own a well maintained, fully occupied 6-unit property in the highly desirably Gourmet Ghetto of Berkeley. It's located within minutes from UC Berkeley, public transportation, and a variety of shops and restaurants. This property is made up of (1) 4-bedroom/1.5 bath unit, (4) townhouse styled 2-bedroom/1.5-bath units, and (1) 2-bedroom/1-bath unit. Five of the units contain their own enclosed yards, while the 6th has a spacious balcony. There are 6 dedicated parking spaces and a coin operated laundry room onsite. The property produces a strong and steady stream of rental income with an opportunity for future rent adjustments.
  1. Listed by Timothy Yuen • DRE #01406104 • Brokerage DRE #01406104 • Timothy Yuen, Broker • 415-652-6253
  2. Listed by Chris Yuen • DRE #01923356 • Brokerage DRE #02023299 • Perisson Real Estate, Inc.

Property Details for 1518 Bonita Avenue

MLS City Name
BERKELEY
Building Type
Other
Style
Flat
Garage Spaces
0
Parking Spaces
2
Cross Street
Cedar St
LISTING UPDATED: 03/19/2025 07:32 PM

Property Details for 1518 Bonita Avenue

StatusActive
MLS #ML81998642
Days on Compass8
Taxes$13,128 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1968
Lot Size0.19 AC / 8,450 SF
CountyAlameda County

Building Information for 1518 Bonita Avenue

Stories-Residences-Year Built1968Building Size-Lot Size0.19 AC / 8,450 SF

Property Information for 1518 Bonita Avenue

Features
Room Information
  • Kitchen: Cooktop - Electric, Exhaust Fan, Hood Over Range, Oven - Electric, Oven Range, Refrigerator, Skylight, Varies by Unit
Features
  • Amenities: Skylight
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile
  • Laundry: Coin Operated
  • Living SqFt: 5984
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Electric
  • Meters: Master Electric, Separate Electric
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters
  • Water: Other
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces, Carport
Property Details
Homeowners Association
  • HOA Amenities: None
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 6
  • Area Text: Berkeley Map Area 3
  • Restrictions: None
  • Roof: Tar and Gravel
  • Subclass: Five or More Units
  • TIC Agreement: No
  • Year Built Source: Other
  • Street Number: 1518
  • Street Name: Bonita
  • Street Suffix: Avenue
  • Area ID: 2303
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 5984
  • Structure SqFt Source: Assessor
  • Age: 57
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Other Business Ownership
  • Zoning Detail: R-2A
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 059-2268-011-01
  • County Name: Alameda
  • City Name: BERKELEY
  • City Postal ID: 123
  • Postal Code: 94709
  • Elementary School District: 1034
  • High School District Text: Berkeley Unified
Lot Information
  • Foundation: Concrete Slab, Crawl Space
  • Lot Acres: .19
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Balcony / Patio
Multi Family Information
Building Information
  • No Of Leased: 6
General Information
  • Annual Tax Amount: $13,128
  • Capitalization Rate: 5.54
  • Tenant Expenses: Maintenance, Services - Gardener/Landscaping, Services - Sewer, Other
  • Income Includes: Coin Operated Equip, Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $6,610
  • Expense Landscape: $1,875
  • Expense Maintenance: $6,778
  • Expense Management: $872
  • Expense Trash: $3,072
  • Expenses Other: $3,043
  • Expenses Utility: $13,950
  • Expenses Total: $49,328
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Gardener, Services - Sewer, Utilities - Electric, Utilities - Water
  • Gross Rent Multiplier: 13.19
  • Income Annual Gross: $183,792
  • Income Annual Rental: $181,992
  • Income Gross Scheduled: $183,792
  • Income Other: $1,800
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 4
  • Unit 1 Rent: $4,500
Unit 2 Information
  • Unit 2 Approx Square Footage: 828
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,900
Unit 3 Information
  • Unit 3 Approx Square Footage: 936
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,627
Unit 4 Information
  • Unit 4 Approx Square Footage: 936
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $3,200
Unit 5 Information
  • Unit5 Full Baths: 1
  • Unit5 Half Baths: 1
Unit Type 1
  • Unit Type1 Approx SqFt: 1412

Property History for 1518 Bonita Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1518 Bonita Avenue

Taxable ValueLand$97,831Additions$138,454Total$236,285
Tax Record2024$13,129 ($1,094 / month)
Home Facts
Total Finished SqFt5,984 SqFtAbove Grade Finished SqFt5,984 SqFtStories2Lot Size8,450 SqFtStyleMulti-Family Res (5+ Units)Year Built1968CountyALAMEDAAPN59-2268-11-1

Schools near 1518 Bonita Avenue

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Oxford Elementary School
PublicK to 5

Washington Elementary School
PublicK to 5

Cragmont Elementary School
PublicK to 5

Berkeley Arts Magnet at Whittier School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1518 Bonita Avenue is for sale in Berkeley, CA 94709. This property was listed for sale on March 19, 2025 by Timothy Yuen, Broker, it's currently listed at $2,425,000. This listing's school district is Berkeley Unified School District. Nearby schools include Oxford Elementary School, Washington Elementary School and Cragmont Elementary School. 1518 Bonita Avenue is a 0-bed, 0-bath, 5,984 sqft built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Timothy Yuen, Broker, Timothy Yuen, DRE #01406104; Perisson Real Estate, Inc., Chris Yuen, DRE #01923356

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.