2713 Ridge Rd, Berkeley, CA 94709
2713 Ridge Rd, Berkeley, CA 94709
2713 Ridge Rd, Berkeley, CA 94709
2713 Ridge Rd, Berkeley, CA 94709
2713 Ridge Rd, Berkeley, CA 94709
2713 Ridge Rd, Berkeley, CA 94709
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Freddie Bustria, Bustria & Associate

Freddie Bustria, Bustria & Associate

+1(619) 733-4485
$ 1,995,000
Est. payment | /mo

5,501 Sqft Lot

Save
$ 1,995,000
Est. payment | /mo
Save

5,501 Sqft Lot

Open House

Fri Aug 07, 1:30pm - 3:30pm

Sun Aug 09, 1:00pm - 3:00pm

Thu Aug 13, 5:00pm - 7:00pm

Fri Aug 14, 1:30pm - 3:30pm

Sat Aug 15, 11:00am - 1:00pm

Sun Aug 16, 11:00am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Northside

MLS Listing ID 41143871

HOA Y/N No

Year Built 1943

Lot Size 5,501 Sqft

Property Sub-Type Quadruplex

Property Description

One block from UC Berkeley. Four units, ten bedrooms, all vacant. 2713 Ridge Road sits on Berkeley's Northside, one block from campus and minutes from the Euclid Avenue corridor. Nothing here comes with a tenant to work around — ten bedrooms across four units, a blank page for a buyer to fill in from day one, right where the need for a bed near Cal renews every August. Two 2BR/1BA units and two 3BR/1BA units, 3,336 SF on a 5,500 SF lot, built 1943. Five years of ownership reinvestment mean capital goes into interiors, not the envelope: new roof, front stairwell reconstruction, siding repair and paint, new windows, plumbing upgrades, new electrical panels, replaced sewer lateral. Partial bay views. Gas and electricity separately metered. Garage, three permitted street spaces, basement storage rooms, plenty of upside in the garage level for parking or ADU exploration, subject to city approval. Projected gross income $172,800, an 11.5 GRM, $598/SF, $498,750 per unit. Buildings this close to campus rarely trade, and they almost never trade empty. This one is doing both.

Location

State CA

County Alameda

Zoning R-3H

Interior

Heating Electric

Flooring Tile, Vinyl

Fireplace No

Exterior

Parking Features Garage

Roof Type Shingle

Total Parking Spaces 1

Building

Lot Description Back Yard

Others

Tax ID 5822046

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Joey Wang Keller Williams Realty #01890931

Nearby Locations

Freddie Bustria, Bustria & Associate

Guiding clients through San Diego County's real estate market: tailored solutions for selling, investing, and finding your dream property. Please reach out to me!

+1(619) 733-4485

freddie@freddiebustria.com

8702 La Mesa Blvd, La Mesa, CA, 91942, USA

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2713 Ridge Rd