1612 Parker Street
$2,875,000
—
9,205
9,205
$312
Description
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...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.
- Listed by Negar Souza • DRE #01701667 • Red Oak Realty
- Listed by Feri Niroomand • DRE #00811861 • Red Oak Realty
Property Details for 1612 Parker Street
City
BERKELEY
Building Type5 or More Units
Property Sub Type5 or More Units
Total # Parking Spaces5
LISTING UPDATED: 09/25/2024 07:13 AM
Property Details for 1612 Parker Street
Status | Active |
---|---|
MLS # | 41071400 |
Days on Compass | 114 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1964 |
Lot Size | 0.21 AC / 9,163 SF |
County | Alameda County |
Building Information for 1612 Parker Street
Stories-Residences8Year Built1964Building Size-Lot Size0.21 AC / 9,163 SF
Property Information for 1612 Parker Street
Property History for 1612 Parker Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1612 Parker Street
Taxable ValueLand$230,533Additions$592,058Total$822,591
Tax Record2024$28,823 ($2,402 / month)
Home Facts
Total Finished SqFt9,205 SqFtAbove Grade Finished SqFt9,205 SqFtStories3Lot Size9,163 SqFtStyleMulti-Family Res (5+ Units)Year Built1964Year Renovated1978CountyALAMEDAAPN54-1804-19
Schools near 1612 Parker Street
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 |
---|---|---|
Malcolm X Elementary School PublicK to 5 | ||
Berkeley Arts Magnet at Whittier School PublicK to 5 | ||
Oxford Elementary School PublicK to 5 | ||
Washington Elementary 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.
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