$3,950,000
$4,050,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 08/29/2023
Key Details
Sold Price $3,950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41029340
Sold Date 08/29/23
HOA Y/N No
Year Built 1966
Annual Tax Amount $48,079
Lot Size 6,969 Sqft
Property Description
New to market, 2020 Cedar Street in Berkeley. The property consists of nine units with a unit mix of (1) One Bedroom Unit and (8) Two Bedroom Units. The majority of units are split level with several units featuring updated kitchens and baths with stainless steal appliances and hardwood flooring. The property has been seismically retrofitted under current ownership costing in excess of $200,000. This turn-key property presents a rare opportunity to own in desirable North Berkeley, close to Gourmet Ghetto while capturing $90,000 of potential upside bringing the units up to market rate.
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Total Parking Spaces 9
Others
Tax ID 58217325
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Pedram Karbassi • BAY'S ELITE INVESTMENTS
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States