1652 Oxford St - Multi-Family FOR SALE


Berkeley, CA 94709- North Berkeley
$1,550,000 USD
415-625-2117
1652 Oxford St, Berkeley, CA for Sale
$1,550,000 USD
Multi-Family - FOR SALE
1/27
null | 5.22% Cap Rate

1652 Oxford St
Berkeley, CA 94709
North Berkeley


HIGHLIGHTS

  • *Unrivaled and tremendous location 2-blocks to UC Berkeley, Chez Panisse, Andronico’s, cafes, shops, and restaurants.
  • Near public transportation, and BART.
  • *First time on the market in several decades, ideal for eventual owner occupant.
  • Charming vintage construction and curb-appeal with pitched composite roofs.
  • Tremendous capital improvements including new electric updates, new landscaping.
  • Full renovation of three of the four unit interiors with high end finishes, and washers & dryers in every unit.

OVERVIEW

Jon Holmquist is pleased to present the Exclusive Listing of 1652 Oxford Street, Berkeley, CA and A+ fourplex in an A+ location. This impressive property has an irreplaceable location located just two-blocks from UC Berkeley, Chez Panisse, Crepevine, Safeway, Andronico’s Market, Cheeseboard Collective Pizzeria, Peet’s Coffee and other gourmet ghetto delights of North Berkeley. The property is supremely situated with an easy walk to the best of the City of Berkeley including easy public transportation, shopping, dinning and entertainment. The fourplex underwent a major exterior and interior renovation including new upgraded electric, updated plumbing, beautiful landscaping with a new outdoor patio, and full high-end renovation of three of the four units. The property is of wood-frame construction, with a pitched composite roof, individual entrances, possesses a stunning patio area, and sits on a 0.16-acre parcel. Originally built circa. 1941 the property has been completely upgraded and transformed making it a desirable asset at the heart of the bustling City of UC Berkeley. The tremendous location, and four enclosed garage spaces make this opportunity perfect for a potential owner occupant. The impeccably maintained and stunningly beautiful grounds contain a unit mix of four spacious one-bedroom/one-bath units with superior floorplans and square footage. Every unit has in unit laundry with stackable washers and dryers for tenant convenience and three of the four units have undergone high-end interior renovations down to the studs with new appliances, fixtures and finishes. Each unit is individually metered for gas and electricity and there is a spacious Zen garden to the rear of the property. The superior recent renovation, and incredible expenditure by the current owner on the recent improvements both inside and out, make this property a true oasis. The current owners have taken pride in this property with multiple family members previously residing in the residence over the past decades due to the unmatched tranquil atmosphere, easy parking, access to the University of California Berkeley Campus, proximity to BART, and surrounding high end commerce.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$461 USD /SF

# OF UNITS

4

PRICE/UNIT

$387,500

CAP RATE

5.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1652 Oxford St, Berkeley, CA 94709-1608

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

-

APN/PARCEL ID

058-2179-009-00

ASK ABOUT THIS PROPERTY

Jon HolmquistJon HolmquistMore Info
415-625-2117

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Jon HolmquistJon HolmquistMore Info
415-625-2117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.