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Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision N Berkeley
MLS Listing ID 40974041
Lot Size 10,419 Sqft
Property Description
Rarely available, incredible Berkeley opportunity for the savvy investor, builder or developer! 1915 Berryman is a phenomenal, fantastic location in Berkeley, in a coveted, tree lined neighborhood in short distance to so much we love about Berkeley. Currently configured as a triplex, a new investor/over can renovate the units and lease them for immediate income. Even more exciting, the property has received ZAB (Zoning Adjustments Board, Berkeley) approval to build 11 beautiful new condominium units, with a striking design from Gunkel Architecture. Three units are considered below market per City of Berkeley requirements, and the other 8 are all market rate! Another option could be utilizing the ADU law and add two units, subject to City of Berkeley approval. This is an incredible site, a unique opportunity, in a rare world class location. Three gas, three water and electric meters!
Location
State CA
County Alameda
Interior
Heating Natural Gas
Flooring Wood
Exterior
Parking Features On Street
Roof Type Composition
Building
Lot Description Back Yard, Front Yard, Street Level
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Bought with Carol Pefley • Realty World Dominion