Sold
2832 Derby St
Berkeley CA, 94705
$2,025,000
$615.13 per sqft
Sold
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
October 10, 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 |
---|---|---|
7/20/2024 | Sold | $2,025,000 |
7/3/2024 | Pending | — |
Listed by Jatin Mehta with Pellego
Listing Contact: 949-929-9562
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