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Listed by Elic Suazo • Red Oak Realty
$ 1,700,000
Est. payment /mo
Open Sat 1PM-4PM
1718 Bancroft WAY Berkeley, CA 94703
3 Beds
4 Baths
5,207 SqFt
OPEN HOUSE
Sat May 17, 1:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,207 sqft
Price per Sqft $326
MLS Listing ID MR41096404
Bedrooms 3
Originating Board Bridge MLS
Lot Size 4,494 Sqft
Property Sub-Type Five or More Units
Property Description
Discover this unique mixed-use property located in the heart of Berkeley. 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 is a 1-bedroom, 1-bathroom space 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 vacant commercial spaces, offering unique convenience for this considering potential construction or a build-out. 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. Two adjacent commercial units on Roosevelt Avenue share a bathroom and kitchenette with internal access, allowing for consolidation. 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. Minutes from downtown Berkeley.
Location
State CA
County Alameda
Area Berkeley Map Area 7
Interior
Heating Gas
Cooling None
Flooring Linoleum, Carpet - Wall to Wall, Wood
Laundry Washer, Community Facility, Dryer
Exterior
Exterior Feature Stucco
Parking Features Parking Area
Garage Spaces 1.0
Building
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Tax ID 55-1908-5
Special Listing Condition Not Applicable
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