$1,699,000
For Sale

3216 California St

Berkeley, CA 94703
Listing OfficeWinkler Real Estate Group
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Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Attention House Hackers and Savvy Investors! Discover your dream investment in South Berkeley—a beautifully renovated, income-ready triplex! This gem features a sun-filled, top-floor owner’s unit with 4 bedrooms and 2 baths. On the first floor, enjoy two upgraded units: a spacious 2-bedroom, 1-bath and a charming 1-bedroom, 1-bath. Imagine the financial freedom of an estimated $54,000 in annual rental income! That’s $2,500/month for the 2-bedroom and $2,000/month for the 1-bedroom –– offset your mortgage! There’s updated plumbing and electrical systems, a compliant sewer lateral, luxurious vinyl plank flooring, quartz countertops, new appliances, and dual-pane windows. Whether you’re looking to house hack or purely invest, this triplex is a golden opportunity. Live in the 4-bedroom unit and let rental income lower your costs, or rent it all to enjoy a potential gross income of $8,000 to $8,500 per month. (The 4-BR unit alone could bring in $3,500 to $4,000 monthly.) All renovations were done with permits, including the garage ADU conversion, additions, remodels, foundation, roof, electric main upgrade, and sewer lines. This is a great opportunity to live and invest in Berkeley!

  • Property Details
      • Lot DescriptionCornerLot, Yard
    • Measurements
      • Acres0.0517
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1896
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
  • Community and Neighborhood Details
      • SubdivisionSOUTH BERKELEY
    • Location
      • CountyAlameda
  • Financial Details
      • Original List Price$1,895,000
  • Other
      • MLS #41068833

Location

Marylin PaulReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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