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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Jessamine Walker

Jessamine Walker

+1(949) 241-2927
$ 1,850,000
Est. payment | /mo

5,501 Sqft Lot

Save
$ 1,850,000
Est. payment | /mo
Save

5,501 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

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

Jessamine Walker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 241-2927

jessamine@walkerpropertygroupca.com

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2713 Ridge Rd

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