Description
Prime Berkeley Fourplex with ADU potential and immediate income! Rare chance to own a newer (1966 built), well-maintained, and highly updated fourplex in a sought-after Berkeley location. Each spacious 2BR/1BA unit offers comfort and convenience-two units will be delivered vacant at closing, perfect for owner occupancy or bringing in new tenants at market rates. Two units are rented for instant cash flow. Projected income: $12,000/month CAP (Apr '25): 5.9% / Expected: 6.0%. GRM: 12.29. Initial architecture consultation indicates potential to add two 2BR/1BA ADUs, boosting long-term value. Each unit features forced central air (rare in Berkeley) and in-unit laundry. Five parking spaces generate extra income. Prepaid home maintenance warranty through 2030. Unbeatable location near Ashby BART, UC Berkeley, Berkeley Bowl, parks, and tennis courts, with easy access to transit, top amenities. Ideal for investors or owner-occupiers seeking flexibility, income, and future development in one of Berkeley's most desirable neighborhoods. Tour today!
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8BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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3,000SQFT
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$590$/SQFT
School Ratings & Info
Description
Prime Berkeley Fourplex with ADU potential and immediate income! Rare chance to own a newer (1966 built), well-maintained, and highly updated fourplex in a sought-after Berkeley location. Each spacious 2BR/1BA unit offers comfort and convenience-two units will be delivered vacant at closing, perfect for owner occupancy or bringing in new tenants at market rates. Two units are rented for instant cash flow. Projected income: $12,000/month CAP (Apr '25): 5.9% / Expected: 6.0%. GRM: 12.29. Initial architecture consultation indicates potential to add two 2BR/1BA ADUs, boosting long-term value. Each unit features forced central air (rare in Berkeley) and in-unit laundry. Five parking spaces generate extra income. Prepaid home maintenance warranty through 2030. Unbeatable location near Ashby BART, UC Berkeley, Berkeley Bowl, parks, and tennis courts, with easy access to transit, top amenities. Ideal for investors or owner-occupiers seeking flexibility, income, and future development in one of Berkeley's most desirable neighborhoods. Tour today!
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Listing courtesy of Pei Chun Chang of Redfin: .