2221 2223 San Pablo Ave, Berkeley, CA, CA 94702

$799,000

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List Price
$799,000
Status
ACTIVE
MLS#
41140047
County
Alameda
Year Built
1920
Square Feet
5,250
Days on Market
35
Property Type
Multifamily
Neighborhood
Poets Corner

Property Description

A rare mixed-use investment opportunity in the heart of Berkeley! This unique property features a versatile commercial space (formerly Berkeley Bait and Tackle) in the front ideal for retail, office, studio or service-based business offering excellent street visibility and steady pedestrian traffic along San Pablo Ave. Situated behind the commercial space is a two story duplex, providing two residential units (one occupied) that generate additional rental income or offer the flexibility for owner occupancy. The combination of commercial and residential uses creates multiple income streams and long term rental potential. Conveniently located near shopping, dining, transportation and major commuter routes this property is well positioned in one of Berkeley's dynamic neighborhoods. Home Energy Score of 2 for 2223. Whether you are an investor seeking a stable income producing asset or an owner-user looking to operate your business while either living onsite or benefiting from residential income, this property presents an exceptional opportunity!

Additional Information

Parcel Number
56198333
Gross Scheduled Income
$63,660
Operating Expense
25851
Net Operating Income
$37,809
Lot Features
Back Yard, Street Level
Heat
See Remarks
Exterior Construction
Wood Siding
Roof
Shingle

Listing courtesy of Listing Agent: Jennifer Griessel (jennifer.griessel@bhhsdrysdale.com) from Listing Office: BHHS Drysdale Properties.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.