58
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$1,625,000
Est. payment /mo
4,495 Sqft Lot
Active
1718 Bancroft Way Berkeley, CA 94703
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Central Berkeley
MLS Listing ID 41116462
HOA Y/N No
Lot Size 4,495 Sqft
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 and three commercial/retail spaces at street level. The vacant residential unit has 1-bedroom, 1-bathroom and 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 vacant commercial spaces, offering a degree of convenience for those considering a build-out of the commercial units. The second level also features two tenant-occupied and pleasant 1-bedroom units. The vacant 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
Flooring Carpet, Laminate, Wood
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Parking Features On Street
Total Parking Spaces 1
Building
Lot Description Back Yard, Street Level
Others
Tax ID 5519085
Acceptable Financing Cash
Listing Terms Cash
Listed by Elic Suazo Red Oak Realty
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