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Listed by David Howarth • The Pinza Group, Inc
$ 1,549,000
Est. payment | /mo
3,633 SqFt
$ 1,549,000
Est. payment | /mo
3,633 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,633 sqft
Price per Sqft $426
Subdivision North/West
MLS Listing ID 41136697
HOA Y/N No
Year Built 1950
Lot Size 7,190 Sqft
Property Sub-Type Triplex
Source Bridge AOR
Property Description
www.1313curtis.com; $100,000 price reduction! Current cap rate: 5.16% and current GRM: 13.31. Extra-large triplex, built in 1950, situated on an expansive 7,190-square-foot lot offering exceptional expansion potential, with ample space for a detached ADU, garage conversion, or possible future development. The property features approximately 3,633 square feet of living space across three spacious units, including one two-story 4bd/2.5bth unit, one two-story 4bd/2bth unit, and one 3bd/1.5bth unit. The 4bd/2.5bth unit will be delivered vacant at closing, presenting an excellent opportunity for an owner-occupant or investor looking to capture full market rent. The property has been thoughtfully updated with modern interiors and quality finishes throughout, including remodeled kitchens with granite countertops, stainless steel appliances, custom molding, wood flooring, new carpet, and fresh interior paint. Additional features include two garages, ample off-street parking, and separately metered water, gas, electricity, and garbage, providing efficient and cost-effective long-term management. The property is ideally located near many restaurants, coffee shops, and shopping options and is around the corner from Headlands Brewing Berkeley Bagels, Praaw Thai, Coffee Conscious, and Kiku Sushi. The property is close proximity to UC Berkeley, BART, and other forms of public transportation making this a high-demand location for tenants.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Carpet, Wood
Fireplace No
Building
Lot Description Other
Water Public
Others
Special Listing Condition Standard
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