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2334 Browning, Berkeley, CA 94702
$1,550,000
2334 Browning, Berkeley, CA 94702View this property at 2334 Browning, Berkeley, CA 94702
2334 BrowningBerkeleyCA94702
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Property Description
Great cash flow from this well maintained and managed 6-plex on a quiet street in the heart of Berkeley's Poet District. There have been many upgrades to this 1960´s building including installation of double pane windows in all units and a complete remodel of the kitchens and baths in units 1,2,3 and 4. This included new kitchen cabinets, appliances, granite countertops, tile flooring in the kitchens and baths, and refinished hardwood floors in the bedrooms and hallways. Unit 5 also had the kitchen remodeled. New PSL installed 3/1/2024. Off-street parking for all 5 two-bedroom units. Fixed skylights in the bathrooms of units 4 and 5. Low maintenance landscaping, separate PG&E, separate water meters, and laundry room w/ leased coin operated machines. 8 blocks to North Berkeley BART, 3 blocks to West Berkeley's vibrant restaurant district, 1 1/2 blocks to AC bus that goes to UC Berkeley and BART. 3 blocks to 3 other AC bus lines that go to Berkeley Amtrak and many other destinations. Priced at 11.39 X GRM and a 6.4% cash on cash return initially w/ existing under market rents with the potential of increased cash flow with future tenant turnover. Priced at $440 per sq. ft. & under $280k per unit. This pride of ownership building provides a solid investment for years to come.
Full Property Details
Full Property Details for 2334 Browning
General
- Sold For: $1,550,000
- Status: Closed
- Type: Commercial Residential Facility
- MLS ID: 41051364
- Added to Site: 103 day(s) ago
Interior
- Appliances: Disposal, Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater
- Flooring: Hardwood, Tile, Carpet
Rooms
Other Rooms
- Laundry: Dryer, Laundry Room, Washer, Dryer, Laundry Room, Washer
Parking
- Parking Features: Off Site, Parking Lot
Location
- Area: Listing
- County: Alameda
- Subdivision: Poets Corner
- Driving Directions: Between Bancroft and Channing
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Natural Gas, Wall Furnace
Utilities
- Water: Public
- Utility Description: Wired For Cable TV, Natural Gas Available, Individual Electric Meter, Individual Gas Meter
Structural Information
- Exterior Const.: Stucco
- Roof: Elastomeric
- Living Area: 3,814 Sq. Ft.
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: 6098.4
- Lot Features: Regular
- Lot Description: Regular
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $440
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 561925131
Listed by Winkler Real Estate Group, Bill Grimason
Sold by Korman & Ng R.E. Services, Jessie Lunsford
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Schools
Schools serving 2334 Browning
School District:Berkeley Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
920 Allston Way, Berkeley, CA 94710 | K-5 | 0.4 mi | |
1400 Ada St, Berkeley, CA 94702 | K-5 | 1 mi | |
2015 Virginia St, Berkeley, CA 94709 | K-5 | 1.3 mi | |
1781 Rose St, Berkeley, CA 94703 | 6-8 | 1.4 mi | |
1980 Allston Way, Berkeley, CA 94704 | 9-12 | 0.9 mi | |
840 Colusa Ave, Berkeley, CA 94707 | K-5 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2334 Browning
Date
Details
Price
Change
Source
4/15/2024
Sold
$1,550,000
-7.68%
MLS
2/29/2024
Listed
$1,679,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2334 Browning, Berkeley, CA 94702 (MLS# 41051364) is a Commercial Residential Facility property that was sold at $1,550,000 on April 15, 2024. Want to learn more about 2334 Browning? Do you have questions about finding other Commercial Residential Facility real estate for sale in Berkeley? You can browse all Berkeley real estate or contact a Coldwell Banker agent to request more information.