Pending

2832 Derby St

Berkeley CA, 94705

$1,798,000


$546.17 per sqft

Pending

8 Beds

3,292 sqft

Multi-family

Built in 1905

Introducing the "Crew House," a stunning 3-unit property built in 1920, located on Derby St near Piedmont Ave. This pride-of-ownership triplex spans 3,292 sq. ft. on a 4,794 sq. ft. lot, combining historic charm with modern convenience. The property features a studio unit and two spacious four-bedroom, one-bath units, each averaging nearly 1,400 sq. ft. All units will be delivered vacant, allowing new owners to select tenants and set market rents. Each unit is individually metered for gas and electricity, ensuring efficient utility management. Ideal for CAL students, the "Crew House" has a history of being rented to members of the women's crew team, making it a high-demand property. Fully occupied, the building has the potential to generate over $14,000 per month and $175,000 annually (buyer to verify). Tenants will appreciate the beautifully landscaped backyard, ample storage, and a bike rack for 8 bikes. Additionally, there is a value-add opportunity to convert the attic space in unit 2832 into additional bedrooms. The property offers onsite parking and laundry facilities, enhancing tenant comfort. Its prime location provides easy access to College Ave and Telegraph Ave, with numerous bars, cafes, and

41063210

MLS ID

June 13, 2024

Listed

July 13, 2024

Updated

Map

2832 Derby St
Berkeley CA, 94705

Interior Features

Bedrooms

8


Interior Features

Storage


Laundry Description

Common Area, In Unit


Floor Description

Carpet, Wood


Fireplace

Yes


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.11 Acres


Exterior Features

Back Yard, Garden/Play, Sprinklers Automatic, Sprinklers Back, Storage, Garden, Landscape Back, Landscape Front, Low Maintenance


Lot Features

Regular, Paved

Other Property Details

Area Name

Berkeley


Garage

No


Parking

Off Street, Tandem


Parking Total

2


View

No


County

Alameda


Pool

No

Listing History

Date

Event

Price

7/3/2024

Pending

Listed by Jatin Mehta with Pellego
Listing Contact: 949-929-9562 

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