Bought with Devin Ratoosh • OBBMAR 03
$1,720,000
$1,895,000
9.2%For more information regarding the value of a property, please contact us for a free consultation.
893 Neilson ST Berkeley, CA 94707
2 Beds
2 Baths
5,600 SqFt
Key Details
Sold Price $1,720,000
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $307
MLS Listing ID MR41087055
Sold Date 05/05/25
Bedrooms 2
Originating Board Bridge MLS
Year Built 1928
Lot Size 5,323 Sqft
Property Sub-Type Five or More Units
Property Description
This Prominently featured mixed-use building is situated on a prime corner parcel on the Berkeley/Albany border. A two-story building with expansive frontage and south facing exposure, allows for an abundance of natural light. With (3) commercial/retail spaces at street level and (4) residential units on the second floor, the property has a balance unit-mix that appeals to a broader renter base. The investment offers excellent upside potential for an owner/user or investor as (2) commercial/retail spaces and (2) residential spaces have been updated and delivered vacant. The building also has recent capital improvements that include a new roof, new paint, and an exterior building restoration for starters. Adorned with period charm that has been nicely preserved add to the overall aesthetics, while a private parking area and rear yard lend to the expansiveness of the parcel. Conveniently located in one of the East Bay's most popular enclaves, the property boasts a Walking Score of 95 as many eateries, cafes, boutiques, shopping and transportation are within walking distance. Don't miss this unique opportunity.
Location
State CA
County Alameda
Area Berkeley Map Area 2
Interior
Heating Gas
Cooling None
Flooring Laminate, Linoleum, Carpet - Partial, Tile, Concrete, Hardwood
Exterior
Exterior Feature Stucco, Wood Frame
Parking Features Off-Site Parking, Parking Area, Access - Side Yard
Garage Spaces 4.0
View Hills, City Lights
Building
Lot Description Other
Sewer Sewer - Public
Water Public
Others
Tax ID 062-287-002-000
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