1643 Oxford ST, Berkeley, CA 94709
- $1,600,000
- 9
- BD
- 3,152
- SqFt
Listed by Grant Chappell, (415) 246-4314 from NAI Northern California
(If provided) CoList: from
- List Price
- $1,600,000
- MLS#
- EB41138568
- Status
- ACTIVE
- Zoning
- R-3
- Sqft. of Residence
- 3,152
- Lot Size
- 6,210
- Listing Area
- Berkeley Map Area 1
Property Description
*** Call For Offers July 15th *** + 3 units, 3.36K SF @ $1.6M, 6.15% cap rate ($98.3K Pro Forma Net Operating Income, $147.3K Gross Income, 33.2% OpEx due to individually metered utilities), 10.86 GRM, $475/SF. + Three Units: Unit A: 1bd/1ba @ $1550/mo; Unit B: 3bd/1ba (vacant) @ $4000/mo ($1333/bedroom, single occupancy); Unit C: 5bd/1.5ba (vacant) @ $6300/mo ($1260/bedroom, single occupancy). + Great starter investment property allowing residential financing as low as 3.5%-20% down, get the right mix of renters to increase rents to $1450+/bedroom + Download the OM and see the positive Inspection Reports from Disclosures.io: https://app.disclosures.io/link/1643-Oxford-Street-k5mv2js4 + High Demand Student Housing Asset Steps Away From The #1Rated Public University + Classic 1913 Craftsman Triplex in Desirable Northside Neighborhood + Three (3) Units; Nine (9) Total Single Occupancy Bedrooms + Two Units delivered vacant: (3bd/1ba) & (5bd/1.5ba) + 4 parking spaces; W/D Laundry Connections in Basement + New Roof; 2 of 3 Kitchens Renovated; New Carpets; Great Inspection Reports + Close to the Original Peets Coffee, Chez Panisse and other iconic Berkeley Restaurants + North Berkeley tends to attract graduate and hard sciences students (lower costs, higher margins) + Limited new c
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Additional Information
- Acres
- 0.14
- Amenities
- Balcony/Patio
- Cooling System
- Air Conditioning - None
- Floor Covering
- Carpet - Wall to Wall, Wood
- Heating System
- Baseboard, Gas, Heating - 2+ Zones
- Laundry Facilities
- In Basement, Hookup - Washer/Dryer
- Living Area
- 3,152
- Lot Description
- Regular
- Lot Size
- 6,210
- Neighborhood
- Berkeley Map Area 1
- Numberof Units
- 3
- Roof
- Composition
- Unincorporated Yn
- Yes
- Zoning
- R-3
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