$ 2,398,000
1716 Rose St Berkeley, CA 94703-1013
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$ 2,398,000
Est. payment | /mo
7,034 Sqft Lot
$ 2,398,000
Est. payment | /mo
7,034 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41073873
HOA Y/N No
Year Built 1963
Lot Size 7,034 Sqft
Property Description
Property Tour: Tues, 11/12: 1PM - 2:30PM. Welcome to 1716 Rose St, a versatile and well-appointed property in the heart of North Berkeley. This multifaceted building offers an array of living options, including a spacious 2-bedroom, 1-bath unit that can be converted into a 4-bedroom residence, two charming 1-bedroom, 1-bath units with high ceilings, and two large 3-bedroom, 2-bath units. With over 4,251 square feet of total living space, each unit averages 850 square feet, providing ample room for comfortable, modern living. The on-site shared laundry facilities add convenience and appeal, making it an attractive option for both tenants and owner-occupiers. This property is an ideal turnkey investment opportunity. Historically a successful medium-term rental, 1716 Rose St is being sold fully furnished, allowing investors to step into immediate cash flow with nearly $20,000 per month in gross income. Its meticulously maintained condition, thanks to consistent rental demand, ensures a hassle-free purchase with strong in-place cash flow. Moreover, with all units potentially vacant upon sale, owner-occupiers have the rare chance to personalize their living space or handpick tenants to suit their needs. All units can be delivered VACANT.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Flooring Wood
Fireplace No
Appliance Dryer, Washer
Exterior
Garage On Street
Total Parking Spaces 2
Building
Lot Description Back Yard
Sewer Public Sewer
Others
Tax ID 59228323
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Jatin Mehta • Pellego
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Mitch Stein
Partner | Lic# DRE# 02081632