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    1237 Russell Street

    Berkeley, CA 94702
    • $2,069,000
    • STATUS: Pending
    • ON SITE: 185 days
    • ID#: 508442
    Pending
    UPDATED: 192 min ago
    $2,069,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,048
      SQFT
    • $511
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Turnkey Investment. Now 100% occupied. The property consists of 8 studio-plus units. Recently renovated. Capital improvements including a new roof, perimeter foundation, windows, interior paint/exterior paint/stucco skim coat and landscaping, just to name a few. Three of the units were also renovated with current yet timeless finishes, and all the systems were replaced, including new electrical, plumbing, tankless water heaters, central forced-air furnaces, in-unit washer and dryers etc.. The property is sited on a corner lot and is directly across the street from San Pablo Park, with it's 11.6 acre open space, ball fields, tennis courts, basketball courts, and children's play areas. Stroll along San Pablo Avenue to the Berkeley Bowl West, Walgreens, and numerous shops and restaurants. The WalkScore is 87 and BikeScore is 90

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    © 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Accord. Data last updated 2021-04-22T16:20:40.41.
    www.searcheastbayrealestate.com/homes/111134350
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    1237 Russell Street Berkeley, CA 94702

    • Price: $2,069,000
    • Status: Pending
    • Updated: 192 min ago
    • ID#: 508442
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,048
    SQFT
    $511
    $/SQFT
    1925
    Built
    Neighborhood:
    Berkeley Map Area 8
    County:
    Alameda
    Area:
    Berkeley Map Area 8
    Property Description
    Turnkey Investment. Now 100% occupied. The property consists of 8 studio-plus units. Recently renovated. Capital improvements including a new roof, perimeter foundation, windows, interior paint/exterior paint/stucco skim coat and landscaping, just to name a few. Three of the units were also renovated with current yet timeless finishes, and all the systems were replaced, including new electrical, plumbing, tankless water heaters, central forced-air furnaces, in-unit washer and dryers etc.. The property is sited on a corner lot and is directly across the street from San Pablo Park, with it's 11.6 acre open space, ball fields, tennis courts, basketball courts, and children's play areas. Stroll along San Pablo Avenue to the Berkeley Bowl West, Walgreens, and numerous shops and restaurants. The WalkScore is 87 and BikeScore is 90
    Exterior Features

    Construction Materials FrameStuccoWood Foundation Details Concreteperimeter Independent Parking Spaces 0 Lot Features Auto Sprinkler F&RLandscape Front Parking Total 0 Tandem Parking Spaces 0

    Interior Features

    Basement None Flooring Simulated WoodTileWood Heating CentralFloor Furnace Rooms Total 3 Unit1 Approx Sq Ft 400 Unit1 Bedrooms 0 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1of Rooms 3 Unit2 Approx Sq Ft 400 Unit2 Bedrooms 0 Unit2 Full Baths 1 Unit2 Partial Baths 0 Unit2of Rooms 3 Unit3 Approx Sq Ft 400 Unit3 Bedrooms 0 Unit3 Full Baths 1 Unit3 Partial Baths 0 Unit3of Rooms 3 Unit4 Approx Sq Ft 400 Unit4 Bedrooms 0 Unit4 Full Baths 1 Unit4 Partial Baths 0 Unit4of Rooms 3

    Property Features

    Cap Rate 5.58 Lease Terms Varies By Unit Number Of Units Vacant 1 Property Sub Type 5 Or More Units Separate Meters ElectricityGas Special Listing Conditions None Studio Rent Range $451-$2098 Subtype Description Apartments Tenant Pays ElectricityGas Unit Type Commercial Units Total 0 Unit Type Studio Units Total 8 Unit Type1 Bedroom Units Total 0 Unit Type2 Bedroom Units Total 0 Unit Type3 Bedroom Units Total 0 Unit Type4 Bedroom Units Total 0 Unit1 Rent 451 Unit1 Type Apartment Unit2 Rent 1598 Unit2 Rent1 1636 Unit2 Type Apartment Unit3 Type Apartment Unit4 Rent 2098 Unit4 Type Apartment

    Listing provided courtesy of David Anderson of The Source Real Estate Company, Inc..


    © 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Accord. Data last updated 2021-04-22T16:20:40.41.
     
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    RE/MAX Accord
    313 Sycamore Valley Road West
    Danville CA, 94526