52
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$1,700,000
Est. payment /mo
4,495 Sqft Lot
New
1718 Bancroft Way Berkeley, CA 94703
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41096404
HOA Y/N No
Lot Size 4,495 Sqft
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
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Total Parking Spaces 1
Building
Lot Description Corner Lot
Others
Tax ID 5519085
Listed by Elic Suazo • Red Oak Realty