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Listed by Elic Suazo • Red Oak Realty
$1,350,000
Est. payment /mo
5,813 SqFt
Pending
1718 Bancroft Way Berkeley, CA 94703
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Key Details
Property Type Single Family Home, Multi-Family
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 5,813 sqft
Price per Sqft $232
Subdivision Central Berkeley
MLS Listing ID 41129041
HOA Y/N No
Lot Size 4,494 Sqft
Property Sub-Type OTHER
Source Bridge AOR
Property Description
Discover this unique mixed-use property located in the heart of Berkeley and its great income and use potential. This building offers a combination of residential and commercial spaces, featuring three residential income units on the second level, (all delivered vacant) and three commercial/retail spaces at street level. The residential units are two 1-bedroom units and 1 2-bedroom with a notable feature: a spacious second-level loft accessible by an interior staircase in the unit. The size and presence of this loft allow the unit to function more like a 2-bedroom unit, potentially attracting higher rental income. It is move-in ready with fresh interior paint, new carpeting and refinished wood floors. Directly below this unit are commercial spaces, offering a degree of convenience for those considering a build-out of the commercial units. The commercial spaces have storefront facades, high ceilings, and natural light a shared bathroom and kitchenette. The third commercial unit is occupied by a long-term business (since 1990). The building showcases the character, charm, and quality craftsmanship typical of the early 1900s and is just blocks from downtown Berkeley.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling No Air Conditioning
Flooring Linoleum, Carpet, Wood
Fireplace No
Appliance Dryer, Washer, Gas Water Heater
Building
Lot Description Level
Water Public
Others
Special Listing Condition Standard

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