Property Description
This impeccably maintained, well-located seven-unit apartment offering at 1728 7th Street, Berkeley, CA benefits from a superb location offering easy access to UC Berkeley, nearby employment centers, and some of the trendiest neighborhood hotspots of Berkeley and the East Bay. The complex has been held by the same ownership for over 26 years and the building benefits from both interior and exterior upgrades that offer a turn-key investment in an irreplaceable location for the new owner. The property boasts a Walkscore of 94, “A Walker’s Paradise” and has a history of near 100% occupancy due to the allure it offers tenants of nearby employment, nearby education, and nearby entertainment. Constructed circa 1963 of wood frame with stucco siding, on a concrete slab foundation, the low maintenance building sits on a large 6,000 square foot lot (per public records). The property has well laid out and spacious floorplans with two, one-bedroom/one-bath and five, two-bedroom/one-bath apartments. Tenants enjoy an on-site laundry room, and all units are separately metered for gas and electricity. The owner recently upgraded the electrical breaker panels, and high-end interior renovations were completed on units B and C as permitted upon tenant turnover. Unit D minor recent remodel.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$29,172
TurboHome Estimated Value
$1,872,400
$415 sqft
High Valuation
$1,966,020
$436/sqft
Normal Valuation
$1,872,400
$415/sqft
Low Valuation
$1,778,780
$394/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $415/sqft | $1,872,400 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$1.79M
$1.80M
1728 7th St, Berkeley, CA 94710
Sale Price: $1,790,000
Selected Comparable
1728 7th St, Berkeley, CA 94710
List Price: $1,800,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT1728 7th St, Berkeley, CA 94710
List: $1,800,000
Listed: 9/17/2024
Area:4,512 sqft
Price/sqft:$399
Beds:12
Baths:—
Year Built:—
Lot Size:6,000
Comparable Properties
COMPARABLEChoose comps
1728 7th St, Berkeley, CA 94710
Sale: $1,790,000
10/14/2024 • 0.00 mi
Area:4,512 sqft
Price/sqft:$397
Beds:12
Baths:—
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1728 7th St, Berkeley, CA 94710 | $1,800,000 | 4,512 | $399 | 6,000 | — | 9/17/2024 | 12 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1728 7th St, Berkeley, CA 94710 | $1,790,000 | 4,512 | $397 | 6,000 | 0.00 mi | 10/14/2024 | 12 | — | — | 100.0% |
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