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Sold for $725,000 on 05/29/24
  • $725,000

    1115 Harrison St, Berkeley, CA 94706

    3beds
    3baths
    2,040sqft
    Triplex
    Built in 1946
    -- sqft lot
    $713,000 Zestimate®
    $355/sqft
    $4,992 Estimated rent

    Owner options

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    $4,992/mo

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    $4,992/mo

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    $4,515/mo

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    $4,515/mo

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    What's special

    For both investors and those looking to occupy one unit while renting out the others, this triplex presents an attractive investment opportunity with its upside potential for strong positive cashflow in the highly desirable Westbrae neighborhood of Berkeley. Three side by side 1bd/1ba units each with a private courtyard in front and bonus space on both sides. Double wide driveway for 2 off-street parking spots. Held long-term by one family for generations, the building has impressive potential to be a lucrative investment with a projected gross annual income of approximately $85,000 based on current fair market rent yielding a Cap Rate of 7.3%. Unit 1119 will be delivered vacant allowing the option of owner-occupant financing; Units 1117 & 1115 are occupied by long-term tenants.

    Zillow last checked: 8 hours ago

    Listing updated: May 29, 2024 at 01:05pm

    Listed by:

    Mikayla Weissman DRE #02023006 510-332-4378,

    Avenue 8 Inc.,

    Jeff Weissman DRE #01882272 510-303-5903,

    Avenue 8 Inc.

    Bought with:

    John Vander Meulen, DRE #00842213

    RE/MAX Accord

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41061300MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Wall Furnace
    Cooling
    • No Air Conditioning
    Appliances
    • Included: Dryer, Washer
    Features
    • Flooring: Linoleum, Carpet
    • Basement: None
    Interior area
    • Total structure area: 2,040
    • Total interior livable area: 2,040 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Exterior features: Side Yard
    • Fencing: Fenced
    Lot
    • Size: 5,227 sqft
    Details
    • Parcel number: 60241042
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Stucco
    Condition
    • Year built: 1946

    Community & neighborhood

    Location
    • Region: Berkeley

    Other

    Other facts
    • Listing terms: All Inclusive
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    Estimated market value
    $713,000