Courtesy of Lili Xu, Elite RE & Financial Group.

$2,190,000

1737 Addison St

Berkeley , CA 94703

  • 7

  • 4

  • 3,587

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Anna Bellomo

Anna Bellomo

Founder

DRE# 01822897

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Property Description

Berkeley students are back to the rental market!!! Rare investment opportunity in Berkeley with over 8.7% gross yield! The main building is a 3 story duplex. This incredible building features a renovated chef’s kitchen equipped with Sub Zero Refrigerator, Wolf Range & wine fridge. Lower level 2 bed/1 bath apartment plus additional detached flex space. Multiple large size bedrooms with an updated bathroom. Additional 720 Sqft (approx) detached structure located in the rear gardens w/custom doors & windows made of reclaimed redwood and decks w/hot-tub. Private wrap-around patio & garden. This is perfect for an investor or owner-occupier. The reasons why these units attract high rents are evident. It is suitable to live in the front building by yourself, and rent out the back building for rental incomes. Conveniently located, walking distance to UCB campus, Berkeley downtown, Bart Station, Trader Joe’s, Greek Theatre, and commute routes. Don’t miss this terrific opportunity!

Property Details & Features

Property Type
  • Detached
Year Built
  • 1961
Bathrooms
  • 3 bathrooms
  • 1 partial bathroom
Bedrooms
  • 7 bedrooms
House
  • Approximately 3,587 square feet
  • Built in 1961
  • Level – Street: 2 Bedrooms,1 Bath,Laundry Facility
  • Level – Upper: 3 Bedrooms,2 Baths,Laundry Facility
  • 15 total rooms
  • Existing
Cooling
  • No Air Conditioning
Exterior Features
  • Wood Shingles
  • Other
Floors
  • Hardwood Floors
  • Tile
  • Carpet
Garage
  • Garage?: No
Water
  • Sewer System – Public
  • Water – Public
Heating
  • Gas
  • Wall Furnace
  • Other Heat
Kitchen
  • Breakfast Bar
  • Counter – Solid Surface
  • Gas Range/Cooktop
  • Oven Built-in
  • Updated Kitchen
Laundry
  • Dryer
  • In Laundry Room
  • Washer
Listing
  • $611 per square foot
  • Brown Shingle
  • Craftsman
Location
  • Area: Berkeley Map Area 7
  • County: Alameda
  • Neighborhood: Berkeley
  • Directions to property: MLK to Addison, Sacramento to Addison
Lot
  • Lot is approximately 6,900 square feet
  • Approximately 0 acres
  • Level
  • Back Yard
  • Deck(s)
  • Fenced
  • Front Yard
  • Sprinklers Automatic
  • Storage
Parking
  • Carport – 2 Or More
Roof
  • Composition Shingles
Additional Rooms
  • Bonus/Plus Room

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Contact

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Contact Details

Telephone:

510.854.6873

Address:

1577 Solano Ave, Berkeley, CA 94707