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Berkshire Hathaway - Drysdale Properties
2116 8th St, Berkeley, CA 94710
- $1,200,000
- 4,040
- SqFt
- Sold Price
- $1,200,000
- List Price
- $1,350,000
- Status
- CLOSED
- MLS#
- 41134297
- Closing Date
- Aug 11, 2026
- Year Built
- 1964
- Property Type
- Apt Complex
- Living Area
- 4,040
- Lot Size
- 5,400
- Acres
- 0.12
- County
- Alameda
- Subdivision
- Berkeley
Property Description
Great multi-generational housing opportunity, with income potential. First time owner-builder has placed this five-unit building on the market in 62-years. The property has huge upside potential. The property is being sold "AS-IS". Asking price reflects adjustment for the building's condition. The structure has some deferred maintenance, showing wear in units B, C, and E. Termite report with cost to cure estimate of $29,200. for Section 1 and Section 2 has been uploaded along with preliminary title report, JCP report, and Section 8 printout (see associated docs). Rents shown are projected using approved two-bedroom, Section 8 rents for the 94710 Zip Code. The last Section 8 tenant paid $3,140 a month. The owner reports that property insurance is $4,000 a year, house PG&E electric and gas is $3,200 a year, water is $3,600 a year, garbage is $2,100 a year, and business license is $729 a year. The composition shingle roof is 26 years old. Offers will be considered when received. The owner will deliver the building vacant at close of escrow.
Additional Information
- Appliances
- Free-Standing Range, Refrigerator, Dryer
- Exterior
- Stucco, Wood Siding
- Flooring
- Linoleum, Vinyl
- Laundry Features
- 220 Volt Outlet, Coin Operated, Common Area, Dryer, Washer, Cabinets
- Lot Description
- Level, Rectangular Lot, Back Yard
- Parking Features
- Carport, Guest, Space Per Unit - 1, Uncovered Park Spaces 2+
- Roof
- Composition Shingles
- Water Sewer
- Public, Meter on Site, Water District
Mortgage Calculator
Listing courtesy of Lamont Thompson from Lamont Thompson, Broker. 415-308-4059
Selling Office: Primary Real Estate Services.
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