Listing Agent: Xiaodong Xu      Broker/Office: The Agency
1906 Bonita Ave Berkeley CA 94704
$ 2,799,999
  15   |    7   |    3750 Sq Feet

Listing ID

#41108768

Status

Active

Property Type

Single Family Residence

Property Style

Cottage

County

Alameda

Neighborhood

DOWNTOWN

Year Built

1906

Days on website

2

Description
This exceptional Berkeley Students Housing seamlessly blends historic charm with lucrative investment potential, offering a unique opportunity for both investors and owner-occupants in a prime location just minutes from UC Berkeley campus and the Downtown Berkeley. The expansive lot features two classic brown shingle buildings: a rear single family home featuring 4b2b, a front quadplex with one 4b2b, one 3b1b, two 2b1b units, fully leased with impressive $21,000 per month, with the added potential to build an ADU for even greater returns. Surrounded by mature trees, fruit trees, and vibrant greenery, the property exudes a peaceful ambiance while being steps away from the Gourmet Ghetto’s dining scene, local supermarkets, parks, and coffee shops, making it an ideal choice for those seeking a high-demand rental near Cal Berkeley or a charming home with substantial income opportunities in one of Berkeley’s most coveted neighborhoods,Buyer to verify Cap rate,GRM at their own satisfaction.
Location
Financial Information
List Price:  $ 2799999
Property Features
Appliances:  Dryer
Flooring:  Laminate, Tile, Wood
Lot Features:  Yard
Patio And Porch Features:  Deck
Roof:  Shingle
City:  Berkeley
Listed By:   Xiaodong Xu   The Agency 
CA Lic#