Bought with Pedram Karbassi • BAY'S ELITE INVESTMENTS
$3,950,000
$4,050,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
2020 Cedar St. Berkeley, CA 94709
8,024 SqFt
Key Details
Sold Price $3,950,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 8,024 sqft
Price per Sqft $492
MLS Listing ID 41029340
Sold Date 08/29/23
HOA Y/N No
Originating Board Bridge AOR
Year Built 1966
Lot Size 7,000 Sqft
Property Description
New to market, 2020 Cedar Street in Berkeley. The property consists of nine units with a unit mix of (1) One Bedroom Unit and (8) Two Bedroom Units. The majority of units are split level with several units featuring updated kitchens and baths with stainless steal appliances and hardwood flooring. The property has been seismically retrofitted under current ownership costing in excess of $200,000. This turn-key property presents a rare opportunity to own in desirable North Berkeley, close to Gourmet Ghetto while capturing $90,000 of potential upside bringing the units up to market rate.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Exterior
Parking Type Other
Building
Lot Description Other
Water Public
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