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1615 PARKER STREET, BERKELEY, CA 94703

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$1,850,000

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  • 0 Beds
  • 0.0 Baths
  • 0 Sqft
  • Commercial
  • Active
  • MLS# 40842180

Property Details for 1615 Parker Street

Cap Rate: 5.08% in South Berkeley with Upside! 1615 Parker Street in South Berkeley. This 5-unit property consists of three 1-bed / 1-bath units and two 2-bed / 2-bath units. Parker has been well kept, and recent capital improvements include seismic retrofitting, brand new windows, & a recent roof upgrade. Three of the units have been completely remodeled down to the studs and have upscale kitchens. Due to its excellent location & recent upgrades this high cash flow property is in high demand from tenants. The property is located in the highly demanded area of South Berkeley off of Dwight Way and Sacramento Street. Tenants benefit from being a short distance from Downtown Berkeley Bart Station and Ashby Bart Station. The properties prime location is very close to UC Berkeley, & a few blocks from Shattuck Avenue shopping. Shattuck Avenue offers a plethora of boutique shops, grocery stores, and renowned restaurants. This location will continue commanding premium rents.

Listing courtesy of: J.B. Williams, Broker

INTERESTED IN THIS PROPERTY

PROPERTY DETAILS

  • Property Type: Commercial
  • List Price: $1,850,000
  • Sqft: 
  • Acres: 0
  • Beds: 0
  • Baths: 0.0
  • City: Berkeley
  • State: CA
  • Zip: 94703
  • Area: : Berkeley Map Area 8
  • Lot Size: : 0.11
  • Age: : 57
  • Year Built: : 1961
  • Exterior_Description: : 5259
  • Cooling Description: : Other
  • Flooring Description: : Other
  • Lot Description: : Other
  • Roof Description: : Other
  • Water or Sewer: : Other
  • Heating Description: : Other Heat
  • Parking Spaces: : 5
  • Building Type: : Lowrise (1-3 Flrs)
  • Comp Type: : %
  • Total Units: : 5
  • Branded Virtual Tour: 
  • Additional Remarks: 

LISTING HISTORY

  • Previous Price: 
  • Price Change: 
  • Price Change Date: 
  • Previous Status: 
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Mortgage Information


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