1716 Rose St

Berkeley, CA 94703-1013

$2,398,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1963

calendar_month Built

Property Description

Welcome to 1716 Rose St, a versatile and well-appointed property in the heart of North Berkeley. This multifaceted building offers an array of living options, including a spacious 2-bedroom, 1-bath unit that can be converted into a 4-bedroom residence, two charming 1-bedroom, 1-bath units with high ceilings, and two large 3-bedroom, 2-bath units. With over 4,251 square feet of total living space, each unit averages 850 square feet, providing ample room for comfortable, modern living. The on-site shared laundry facilities add convenience and appeal, making it an attractive option for both tenants and owner-occupiers. This property is an ideal turnkey investment opportunity. Historically a successful medium-term rental, 1716 Rose St is being sold fully furnished, allowing investors to step into immediate cash flow with nearly $20,000 per month in gross income. Its meticulously maintained condition, thanks to consistent rental demand, ensures a hassle-free purchase with strong in-place cash flow. Moreover, with all units potentially vacant upon sale, owner-occupiers have the rare chance to personalize their living space or handpick tenants to suit their needs.

Listing Information

List Price $2,398,000
Status Active
MLS 41073873
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1963
Lot Size 7,035
Structure Size N/A
Courtesy Of Pellego
Listing Agent Jatin Mehta DRE#02045713

Interior Features

Total Bedroom
Bedrooms N/A
Flooring Information
Material Wood

Exterior Information

Maps

Listing information courtesy of: Jatin Mehta, Pellego . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 20th, 2024 at 5:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.