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
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
Owner options
What's special
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#: 41063210
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