1614 Alcatraz Ave, Berkeley, CA 94703

About this fourplex

Looking for a turn-key asset with minimal operating expenses and massive long term upside with a large lot primed for an ADU? 1614 Alcatraz is the property for you! New and improved price, 1614 Alcatraz is a classic urban four-plex nestled in a prime South Berkeley location between Adeline and Sacramento Street. The property consists of four units total with an ideal unit mix of one 2-bedroom apartment and three 1-bedroom apartments. The property is individually metered for electricity/ gas and features a large rear parking lot with 1:1 parking and even room for a possible ADU. This is an excellent opportunity to acquire a fully occupied residential asset in an A+ South Berkeley location and take advantage of attractive residential financing.

Listing description from the May 2023 sale, as reported to CRMLS.

Sale history

$911,000

Sold May 2023 · listed $900,000, on market March 2023 · MLS #41022439 · Source: CRMLS

Listing Agent: Grant Chappell · Listing Office: NAI Northern California · Contact: 510-336-4712 · Bought with: Tinus Masbrata · Alliance Bay Realty

$660,000

Sold December 2014 · listed $599,000, on market October 2014 · MLS #40678024 · Source: CRMLS

Listing Agent: CANDICE ECONOMIDES · Listing Office: THE GRUBB CO. INC. · Contact: 510-652-2133 · Bought with: Alexander Shponko · Realty Executives, Real Time Investments

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