1245 Berkeley Way, Berkeley, CA 94702
Fourplex · 2 recorded sales since 2017
Sold August 2020
Listing Agent: JOEY WANG (DRE #01890931) · Listing Office: KELLER WILLIAMS REALTY · Contact: 925-934-2900 · Bought with: ALEX MICHAS · Golden Gate Sothebys International Realty · MLS #40912938 · Source: CRMLS
About this fourplex
Travel seven minutes by bicycle to the west, and you’ll find yourself at Berkeley’s beautiful waterfront—seven minutes to the east, and you’ll arrive at prestigious UC Berkeley. Such access to amazing amenities in an urban setting is hard to find, and it’s one of the many things that make 1245 Berkeley Way so special. This 4-unit (2, 1BR and 2 Studios, all with updated kitchens and bathrooms) investment opportunity sits on an impressive 7,900 square-foot lot that features verdant, mature landscaping as well as a 2-car garage that’s ripe for AUD redevelopment. The building is currently leased to four, quality tenants, grossing the current owners $10,000 per month in revenue. Should any of these tenants move out though, close proximity to popular grocery stores (Trader Joe’s), major retailers (Target), essential public transit (North Berkeley BART), and entertaining nightlife mean any future vacancies will be short lived.
Listing description from the August 2020 sale, as reported to CRMLS.
Sale history
