Berkeley, CA 94703,1612 Parker St
Berkeley, CA 94703,1612 Parker St
Berkeley, CA 94703,1612 Parker St
16
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Listed by Negar Souza • Red Oak Realty
$2,875,000
Est. payment /mo
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9,205 SqFt
Active

1612 Parker St Berkeley, CA 94703

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Kevin & Tawnya Erickson

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Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,205 sqft

Price per Sqft $312

Subdivision Berkeley Central

MLS Listing ID 41082213

HOA Y/N No

Year Built 1964

Lot Size 9,163 Sqft

Property Sub-Type 5 or More Units

Source Bridge AOR

Property Description

Discover a rare chance to own a stunning 8-unit building in one of Berkeley's most desirable neighborhoods! This well-maintained property exudes pride of ownership and is set on a generous lot that features five reserved parking spots and a convenient community laundry area. Each of the 8 units offers spacious 2-bedroom, 1-bathroom layouts, perfect for a variety of tenants. Several units have been tastefully updated, adding modern touches while retaining their classic charm. Additionally, the property includes a non-conforming manager's unit, providing extra flexibility for onsite management or additional rental income*. Some units also have additional storage and balconies. This is not just an investment; it's an opportunity to be a part of the rich tapestry of Berkeley, a city known for its eclectic mix of cultures, progressive spirit, and unparalleled intellectual vibrancy. Don't miss your chance to own a fabulous building in this iconic city—opportunities like this are truly one-of-a-kind! Cap Rate of 6% - Huge upside potential. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information. Buyer must conduct their own investigation with the city and appropriate boards and rely solely on that investigation.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Flooring Hardwood Flrs Throughout, Tile, Other

Fireplace No

Appliance Free-Standing Range, Refrigerator

Laundry Common Area

Building

Lot Description Rectangular Lot

Others

Special Listing Condition Standard


Bay East Association of Realtors

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Beach Elementary School

    Public | KG - 5

  • 10

    Chabot Elementary School

    Public | KG - 5

  • 10

    Cornell Elementary School

    Public | KG - 5

  • 9

    Wildwood Elementary School

    Public | KG - 5

  • 9

    Frank C. Havens Elementary School

    Public | KG - 5

  • 9

    Hillcrest K-8 School

    Public | KG - 8

  • 8

    Peralta Elementary School

    Public | KG - 5

  • 8

    Berkeley Arts Magnet at Whittier (BAM)

    Public | KG - 5

  • 8

    Jefferson Elementary

    Public | KG - 5

  • 8

    Ocean View Elementary School

    Public | KG - 5

  • 8

    Marin Elementary School

    Public | KG - 5

  • 7

    John Muir Elementary

    Public | KG - 5

  • 7

    Emerson Elementary

    Public | KG - 5

  • 7

    Rosa Parks Elementary

    Public | KG - 5

  • 7

    Washington Elementary

    Public | KG - 5

  • 6

    Malcom X Elementary

    Public | KG - 5

  • 6

    Leconte Elementary

    Public | KG - 5

  • 6

    Oxford Elementary

    Public | KG - 5

  • 6

    Cragmont Elementary

    Public | KG - 5

  • 5

    North Oakland Community Charter

    Public | KG - 8

Middle Schools 13
  • 10

    Piedmont Middle School

    Public | 6 - 8

  • 9

    Albany Middle School

    Public | 6 - 8

  • 8

    Martin Luther King Jr. Middle School

    Public | 6 - 8

  • 7

    Willard Middle School

    Public | 6 - 8

  • 6

    Claremont Middle School

    Public | 6 - 8

  • 6

    Longfellow Arts and Technology Middle School

    Public | 6 - 8

  • 5

    Oakland Military Institute, College Preparatory Academy

    Public | 6 - 12

  • 1

    Realm Charter Middle School

    Public | 6 - 8

  • 0

    Young Adult Program

    Public | 6 - 12

  • 0

    Mentoring Academy

    Private | 8 - 12

  • 0

    East Bay School for Boys

    Private | 6 - 8

  • 0

    East Bay School for Boys

    Private | 6 - 8

  • 0

    Tilden Preparatory School

    Private | 6 - 12

High Schools 17
  • 10

    Piedmont High School

    Public | 9 - 12

  • 10

    Albany High School

    Public | 9 - 12

  • 8

    Berkeley High School

    Public | 9 - 12

  • 7

    Oakland Technical High School

    Public | 9 - 12

  • 7

    Aspire California College Preparatory Academy

    Public | 9 - 12

  • 5

    Emery High School

    Public | 9 - 12

  • 4

    Realm Charter High School

    Public | 9 - 12

  • 2

    McClymonds High School

    Public | 9 - 12

  • 2

    Oakland International High School

    Public | 9 - 12

  • 1

    Berkeley Technology Academy

    Public | 10 - 12

  • 0

    Street Academy (Alternative)

    Public | 9 - 12

  • 0

    Millennium High Alternative

    Public | 9 - 12

  • 0

    The College Preparatory School

    Private | 9 - 12

  • 0

    Maybeck High School

    Private | 9 - 12

  • 0

    Bayhill High School

    Private | 9 - 12

  • 0

    St Mary's College High School

    Private | 9 - 12

  • 0

    Macgregor High (Continuation)

    Public | 10 - 12

School and business data provided by Attom Data.

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1612 Parker St