834 Bancroft Way, Berkeley, CA 94710
$1,687,500
$1,750,000
3.6%
Est.Price: ?

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4,599 Sqft Lot

834 Bancroft Way Berkeley, CA 94710

Est. payment /mo
SOLD DATE : 05/23/2023

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Key Details

Sold Price $1,687,500

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41021690

Sold Date 05/23/23

HOA Y/N No

Year Built 1966

Lot Size 4,599 Sqft

Property Sub-Type Quadruplex

Property Description

At 3,273 sq.ft., Berkeley's 834 Bancroft Way is a fourplex that's sizable without being unmanageable—great news for any buyer interested in doing their own upkeep. Three of the four four units are currently tenant occupied and generate $11,934 in monthly income. However, one of the four units, a 3-bedroom 2-bath unit, shall be delivered vacant at the end of May, presenting an opportunity for a new tenant or owner-occupancy. The property comes with a host of amenities, including a spacious backyard patio, laundry facilities, and onsite parking for one car per unit. Additionally, the property has been upgraded in numerous ways, such as an entire remodel for Unit B and spot upgrades for the remaining three units. Other upgrades include on-demand water heaters and a new roof installed in 2018. One more thing that's worth mentioning about this fantastic investment opportunity?—834 Bancroft is next to major employers such as Bayer and Kaiser, ensuring any vacancy will be short lived. It's also close to Fourth St shopping and popular eateries (including Tomate Café and Viks Chaat) and great public spaces (including Strawberry Creek Park and McLaughlin State Seashore).

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Flooring Carpet, Tile, Vinyl

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Parking Features On Street

Roof Type Tar/Gravel

Total Parking Spaces 4

Building

Lot Description Front Yard

Sewer Public Sewer

Others

Tax ID 56194131

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Listed by Joey Wang Keller Williams Realty #01890931
Bought with James Schalich Redfin
Jessica Lam

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