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2304 Roosevelt AVE Berkeley, CA 94703-1746
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,292 sqft
Price per Sqft $458
MLS Listing ID MR41077214
Sold Date 12/16/24
Bedrooms 4
Originating Board Bridge MLS
Year Built 1924
Lot Size 4,200 Sqft
Property Description
To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Seated in the neighborhood of Central Berkeley and only six blocks from the UC Berkeley campus, 2304 Roosevelt Avenue is an investment opportunity that's too lucrative to ignore. With four 1BR/1BA units, three garages, and a rear yard that's dripping with ADU potential, there are no shortage of ways for this property to generate strong monthly cash flow. Speaking of cash, three units will be delivered occupied providing the new owners with an immediate source of income, while the fourth unit will be delivered renovated and ready to rent. Offered at $995,000, this is an unbeatable fourplex (especially for a first-time investor) in a high-demand location near popular commercial streets (Shattuck Avenue, Telegraph Avenue), stable employers (Alta Bates Medical Center, Berkeley City Hall), great public transportation (BART), anchor retail (Trader Joe's, Berkeley Bowl) and one of the best colleges on the planet.
Location
State CA
County Alameda
Area Other Area
Interior
Heating Floor Furnace , Wall Furnace
Cooling Air Conditioning - None
Flooring Tile, Vinyl, Hardwood
Exterior
Exterior Feature Metal, Stucco, Wood Frame
Parking Features Garage, Off-Street Parking, Access - Side Yard
Garage Spaces 3.0
Roof Type Composition
Building
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Tax ID 55-1908-6
Special Listing Condition Not Applicable
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Bought with Joey Wang • OBBKWR