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Listed by Steven Pinza • The Pinza Group, Inc
$2,795,000
Est. payment /mo
11 Beds
8 Baths
4,081 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,081 sqft
Price per Sqft $684
Subdivision South Campus
MLS Listing ID 41090232
Bedrooms 11
Full Baths 8
HOA Y/N No
Year Built 1900
Lot Size 7,974 Sqft
Property Sub-Type Detached
Source Bridge AOR
Property Description
Showing on Saturday May 10th, 11:00AM-12:30PM. 2535 Hillegass Ave in Berkeley, CA. This South of Campus UC Berkeley property comprises 11 separate rentals across three buildings: a large single family home, a two story cottage, and a cabin. An Owner Occupant can live in the house or the cottage and receive significant rental income from the other units. Amenities include shared laundry facilities and off-street parking for additional rental income. Each building is separately metered for PG&E and billed separately for water, with current tenants covering all utilities to help reduce operating expenses for future owners. The well-maintained building boasts several updates, including a seismic retrofit, exterior drywall replacement, and upgraded electrical systems. It also features a large backyard with plenty of space for adding an ADU or exploring other value-add opportunities. Situated in a prime location in South Berkeley, the property is just a short walk from UC Berkeley and the vibrant coffee shops, restaurants, and transportation options in Downtown Berkeley.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Other
Fireplaces Type Other
Fireplace Yes
Laundry Other
Exterior
Pool Other
Private Pool false
Building
Lot Description Other
Story 2
Architectural Style Other
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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