Berkeley, CA 94703,1628 Fairview St

$1,500,000

Est. payment /mo

$1,500,000

Est.Price: ?

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1628 Fairview St Berkeley, CA 94703

3,102 SqFt

SOLD DATE : 07/31/2023

Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,102 sqft

Price per Sqft $483

Subdivision South Berkeley

MLS Listing ID 41026929

Sold Date 07/31/23

HOA Y/N No

Year Built 1896

Lot Size 6,750 Sqft

Acres 0.15

Property Description

1628 Fairview Street (5 - 1BR/1BA units) is more than a beautiful Victorian multifamily—it’s a rare opportunity for an investor like you to own a cash-generating property ($127K at current rents) that requires no major upgrades. The old brick foundation?—Replaced with poured concrete. The damaged woodwork along the trim and deck?—Refreshed and revitalized. The old roof?—Replaced in 2015. In other words, this will be a turnkey purchase for whoever is lucky enough to get their offer accepted. Physical amenities aside, what makes 1628 Fairview St. a great buying opportunity is its location between South Berkeley and Bushrod. Not only is it close to all the hustle and bustle of Shattuck, Telegraph, and College Avenues, but it’s also right by BART (Ashby station), multiple public parks, and it’s less than two miles from the UC Berkeley Campus. Other considerations worth noting: all units separately metered for gas and electric, onsite laundry facilities, and the sewer lateral is compliant.

Location

State CA

County Alameda

Area Berkeley Map Area 8

Rooms

Basement None

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s)

Flooring Hardwood, Tile, Vinyl, Carpet

Fireplace No

Appliance Dishwasher, Dryer, Tankless Water Heater

Laundry Common Area, Dryer, Washer

Exterior

Utilities Available Individual Electric Meter, Individual Gas Meter

Building

Lot Description Back Yard, Paved

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 52153526

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Bridge MLS
Listed by Joey Wang • Keller Williams Realty
Bought with PedramKarbassi

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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