2116 8Th St, Berkeley, CA 94710
2116 8Th St, Berkeley, CA 94710
2116 8Th St, Berkeley, CA 94710
2116 8Th St, Berkeley, CA 94710
2116 8Th St, Berkeley, CA 94710
2116 8Th St, Berkeley, CA 94710
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$ 1,350,000
Est. payment | /mo

5,401 Sqft Lot


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$ 1,350,000
Est. payment | /mo
Save

5,401 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Berkeley

MLS Listing ID 41134297

HOA Y/N No

Year Built 1964

Lot Size 5,401 Sqft

Property Sub-Type Apartment

Property Description

This is the first time owner-builder has placed this five-unit building on the market in 62-years. The property has huge upside potential. The property is being sold "AS-IS". Asking price reflects adjustment for the building's condition. The structure has some deferred maintenance, with heavy wear in units B, C, and D. Termite report with cost to cure estimate of $29,200. for Section 1 and Section 2 has been uploaded along with preliminary title report, JCP report, and Section 8 printout (see associated docs). Rents shown are projected using approved two-bedroom, Section 8 rents for the 94710 Zip Code. The last Section 8 tenant paid $3,140 a month. The owner reports that property insurance is $4,000 a year, house PG&E electric and gas is $4,800 a year, water is $8,400 a year, garbage is $2,100 a year, and business license is $729 a year. The composition shingle roof is 26 years old. Offers will be considered when received. The owner will deliver the building vacant at close of escrow.

Location

State CA

County Alameda

Zoning R-2

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Fireplace No

Appliance Gas Water Heater, Dryer

Exterior

Roof Type Shingle

Total Parking Spaces 7

Building

Lot Description Street Level

Others

Tax ID 5619689

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Lamont Thompson Lamont Thompson, Broker #01172158

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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2116 8Th St

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