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Sold for $2,025,000 on 07/19/24
  • $2,025,000

    2832 Derby St, Berkeley, CA 94705

    8beds
    3baths
    3,292sqft
    Triplex
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $615/sqft
    $5,854 Estimated rent

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    $5,854/mo

    Rent Zestimate®

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    $12,887/mo

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    $12,887/mo

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    What's special

    Introducing the "Crew House," a stunning 3-unit property built in 1920, located on Derby St near Piedmont Ave. This pride-of-ownership triplex spans 3,292 sq. ft. on a 4,794 sq. ft. lot, combining historic charm with modern convenience. The property features a studio unit and two spacious four-bedroom, one-bath units, each averaging nearly 1,400 sq. ft. All units will be delivered vacant, allowing new owners to select tenants and set market rents. Each unit is individually metered for gas and electricity, ensuring efficient utility management. Ideal for CAL students, the "Crew House" has a history of being rented to members of the women's crew team, making it a high-demand property. Fully occupied, the building has the potential to generate over $14,000 per month and $175,000 annually (buyer to verify). Tenants will appreciate the beautifully landscaped backyard, ample storage, and a bike rack for 8 bikes. Additionally, there is a value-add opportunity to convert the attic space in unit 2832 into additional bedrooms. The property offers onsite parking and laundry facilities, enhancing tenant comfort. Its prime location provides easy access to College Ave and Telegraph Ave, with numerous bars, cafes, and

    Zillow last checked: 8 hours ago

    Listing updated: July 19, 2024 at 05:43pm

    Listed by:

    Jatin Mehta DRE #02045713 510-878-6800,

    Pellego

    Bought with:

    Jatin Mehta, DRE #02045713

    Kite Hill Real Estate

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41063210MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    Heating
    • Natural Gas
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Laundry: Common Area, In Unit
    Features
    • Storage
    • Flooring: Carpet, Wood
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,292
    • Total interior livable area: 3,292 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, Tandem
    Features
    • Exterior features: Back Yard, Garden/Play, Sprinklers Automatic, Storage, Garden, Landscape Back, Landscape Front, Low Maintenance
    • Fencing: Fenced,Wood
    Lot
    • Size: 4,791 sqft
    • Features: Paved
    Details
    • Parcel number: 54170424
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Wood
    Condition
    • Year built: 1905

    Utilities & green energy

    • Utilities for property: Individual Electric Meter, Individual Gas Meter

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Location
    • Region: Berkeley

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange