Homes for sale - 1612 Parker St, Berkeley, CA 94703

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Leo Peak

leo@leopeak.com +1(415) 816-1469

$ 2,875,000

Est. payment | -/mo

9,205 SqFt

Save

$ 2,875,000

Est. payment | -/mo

Save

9,205 SqFt

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,205 sqft

Price per Sqft $312

MLS Listing ID 41082213

HOA Y/N No

Year Built 1964

Lot Size 9,163 Sqft

Acres 0.21

Property Sub-Type 5 or More Units

Property Description

Discover a rare chance to own a stunning 8-unit building in one of Berkeley's most desirable neighborhoods! This well-maintained property exudes pride of ownership and is set on a generous lot that features five reserved parking spots and a convenient community laundry area. Each of the 8 units offers spacious 2-bedroom, 1-bathroom layouts, perfect for a variety of tenants. Several units have been tastefully updated, adding modern touches while retaining their classic charm. Additionally, the property includes a non-conforming manager's unit, providing extra flexibility for onsite management or additional rental income*. Some units also have additional storage and balconies. This is not just an investment; it's an opportunity to be a part of the rich tapestry of Berkeley, a city known for its eclectic mix of cultures, progressive spirit, and unparalleled intellectual vibrancy. Don't miss your chance to own a fabulous building in this iconic city—opportunities like this are truly one-of-a-kind! Cap Rate of 6% - Huge upside potential. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information. Buyer must conduct their own investigation with the city and appropriate boards and rely solely on that investigation.

Location

State CA

County Alameda

Rooms

Basement None

Interior

Interior Features Other, Storage

Heating Wall Furnace

Cooling None

Flooring Hardwood Flrs Throughout, Other, Tile

Fireplace No

Appliance Free-Standing Range, Refrigerator

Laundry Community Facility

Exterior

Utilities Available All Public Utilities

Building

Lot Description Regular

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 54180419

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Negar Souza • Red Oak Realty

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

+1(415) 816-1469

leo@leopeak.com

39899 Balentine Dr # 200, Newark, CA, 94560, United States

1612 Parker St Berkeley, CA 94703