1525 Derby Street, Berkeley, CA 94703
Commercial property
Sold December 2023
Listing Agent: Neel Bhatia (DRE #01464424) · Listing Office: Coldwell Banker Realty · Contact: (925) 935-7100 · Bought with: Willem Bos · MLS #ML81928592 · Source: CRMLS
3,515
Building Sq Ft
6,630 sqft
Lot Size
1910
Year Built
R2
Zoning
Commercial property
Type
About this commercial property
REDUCED PRICE 9/20 to $1,479,000! $147,024 Annual Income with stable tenants at or close to market rent. Building consists of (6) 1bedroom1/bathroom units. GREAT South/Central Berkeley Location. Very Easy to Manage, Alarm & Fire System, Individual Parking Spaces. One Unit VACANT, all other Tenants are Section 8. 2023 Rent Increases can be Issued to Most Tenants - Market 7.7% CAP! Motivated Seller!!!
Listing description from the December 2023 sale, as reported to CRMLS.
Sale history
$1,450,000
Sold December 2023 · listed $1,479,000, orig. $1,550,000, on market May 2023 · MLS #ML81928592 · Source: CRMLS
Listing Agent: Neel Bhatia · Listing Office: Coldwell Banker Realty · Contact: (925) 935-7100 · Bought with: Willem Bos