$1,360,000
$1,300,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
1650 Tyler St Berkeley, CA 94703
6,751 Sqft Lot
Key Details
Sold Price $1,360,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision South Berkeley
MLS Listing ID 41051902
Sold Date 05/08/24
HOA Y/N No
Year Built 1979
Lot Size 6,751 Sqft
Property Description
For investors seeking a source of instant cash flow, Berkeley’s 1650 Tyler Street is worth a serious look. Located one block off the always popular Ashby Avenue, this fourplex (4, 2BR/1BA) will be delivered fully occupied upon close providing roughly $8,600 in monthly income right away. This property is in exceptional condition due to first-class maintenance and includes many perks for occupants including a robust parking lot as well as in-unit laundry facilitates. For those investors with a long-term mindset, it’s important to note the expansive parking lot could be converted into an ADU increasing the property’s overall value as well as its monthly cash flow. From a lifestyle perspective, it’s important to recognize how convenient it is to live at 1650 Tyler Street. This building is close to everything—UC Berkeley, Ashby BART, San Pablo Park, Interstate 580, Aquatic Park, and much, much more.
Location
State CA
County Alameda
Interior
Heating Baseboard
Flooring Carpet, Laminate, Tile, Vinyl
Fireplace No
Appliance Electric Water Heater
Exterior
Garage On Street
Parking Type On Street
Total Parking Spaces 4
Building
Lot Description Street Level
Sewer Public Sewer
Others
Tax ID 53160629
Financing Conventional
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Bought with Joey Wang • Keller Williams Realty