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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41077214
Sold Date 12/16/24
HOA Y/N No
Year Built 1924
Lot Size 4,199 Sqft
Property Description
To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Seated in the neighborhood of Central Berkeley and only six blocks from the UC Berkeley campus, 2304 Roosevelt Avenue is an investment opportunity that's too lucrative to ignore. With four 1BR/1BA units, three garages, and a rear yard that's dripping with ADU potential, there are no shortage of ways for this property to generate strong monthly cash flow. Speaking of cash, three units will be delivered occupied providing the new owners with an immediate source of income, while the fourth unit will be delivered renovated and ready to rent. Offered at $995,000, this is an unbeatable fourplex (especially for a first-time investor) in a high-demand location near popular commercial streets (Shattuck Avenue, Telegraph Avenue), stable employers (Alta Bates Medical Center, Berkeley City Hall), great public transportation (BART), anchor retail (Trader Joe's, Berkeley Bowl) and one of the best colleges on the planet.
Location
State CA
County Alameda
Interior
Heating Floor Furnace, Wall Furnace
Flooring Tile, Vinyl, Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Garage, On Street
Roof Type Shingle
Total Parking Spaces 3
Building
Lot Description Garden
Sewer Public Sewer
Others
Tax ID 5519086
Financing Conventional
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Bought with Joey Wang • Keller Williams Realty
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692