3216 California St

Berkeley, CA 94703 $196,000.00 (-10.34%) Active for $1,699,000

Overview
Map & Location
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Schools & Score
Property History
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Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 2,250 sqft

Property Facts

MLS	41068833
Year Built	1896
Property Type	Triplex
County	Alameda
Status	Active
Active	$1,699,000
Structure Size	N/A sqft
Lot Size	2,250 sqft
Beds	N/A
Baths

Description

Attention House Hackers and Savvy Investors! Discover your dream investment in South Berkeley—a beautifully renovated, income-ready triplex! This gem features a sun-filled, top-floor owner’s unit with 4 bedrooms and 2 baths. On the first floor, enjoy two upgraded units: a spacious 2-bedroom, 1-bath and a charming 1-bedroom, 1-bath. Imagine the financial freedom of an estimated $54,000 in annual rental income! That’s $2,500/month for the 2-bedroom and $2,000/month for the 1-bedroom –– offset your mortgage! There’s updated plumbing and electrical systems, a compliant sewer lateral, luxurious vinyl plank flooring, quartz countertops, new appliances, and dual-pane windows. Whether you’re looking to house hack or purely invest, this triplex is a golden opportunity. Live in the 4-bedroom unit and let rental income lower your costs, or rent it all to enjoy a potential gross income of $8,000 to $8,500 per month. (The 4-BR unit alone could bring in $3,500 to $4,000 monthly.) All renovations were done with permits, including the garage ADU conversion, additions, remodels, foundation, roof, electric main upgrade, and sewer lines. This is a great opportunity to live and invest in Berkeley!

Listing information courtesy of: Daniel Winkler, Winkler Real Estate Group . *Based on information from the Association of REALTORS/Multiple Listing as of 09/23/2024 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.