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1723 8th St, Berkeley, CA 94710

Sale Price: $815,000
Feb 22, 20251,756 sqft3 beds0 baths
Listed by: Wendy Louie
License #: 01038800
Phone #: 510-851-9888
BHG RE Reliance Partners
Source:
CRMLS Logo
MLS #: 41086890

Property Description

This property in North Berkeley offers a wonderful investment opportunity with one 2-bedroom, 2 bath unit, one 1 bedroom, 1 bath unit, and one studio. It is located in the sought-after neighborhood walking to the 6th Street shops and restaurants. Tis triplex provides cash flow for investors looking for stable returns. It also provides the opportunity for those interested in owner-occupying eviction for the 2-bedroom and 2-bath unit, while collecting rents from the other 2 units to offsetting mortgage costs. This feature makes it a flexible opportunity for buyers who wants to live in a prime location while benefiting from rental income. Per Berkeley Rent Ordinances,Seller will not be able to do owner-occupied eviction. The building itself is a charming Berkeley brown-shingle style, situation across the City of Berkeley Recreation Center, James parks and James Tennis Court, walking distance to University Ave., Amtrak, Bus Stops, San Pablo Avenue, and only minutes to I-80. There is a detached garage and 4 off-street parking spaces. There is In-unit washer and dryer in the 2-bedroom and 2-bath unit. First time on the market in the past 45+ years.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

TurboHome Savings

$9,204

TurboHome Estimated Value

$761,800

$434 sqft

High Valuation
$799,890
$456/sqft
Normal Valuation
$761,800
$434/sqft
Low Valuation
$723,710
$412/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$434/sqft$761,800

Neighborhood

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Comparative Value

$753K

$815K

$850K

$910K

$1.00M

$1.04M

719 Buchanan St, Albany, CA 94706

Sale Price: $753,000

Selected Comparable

1723 8th St, Berkeley, CA 94710

Sale Price: $815,000

Selected Comparable

1345 Ward St, Berkeley, CA 94702

Sale Price: $850,000

Selected Comparable

1723 8th St, Berkeley, CA 94710

List Price: $910,000

Subject Property

1401 Russell St, Berkeley, CA 94702

Sale Price: $1,000,000

Selected Comparable

1016 Key Route Blvd, Albany, CA 94706

Sale Price: $1,040,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1723 8th St, Berkeley, CA 94710

1723 8th St, Berkeley, CA 94710

List: $910,000

Listed: 2/22/2025

Area:1,756 sqft
Price/sqft:$518
Beds:3
Baths:
Year Built:
Lot Size:6,500

Comparable Properties

COMPARABLE
Choose comps
1723 8th St, Berkeley, CA 94710

1723 8th St, Berkeley, CA 94710

Sale: $815,000

4/30/20250.00 mi

Area:1,756 sqft
Price/sqft:$464
Beds:3
Baths:
Year Built:
Weight:29.0%
1016 Key Route Blvd, Albany, CA 94706

1016 Key Route Blvd, Albany, CA 94706

Sale: $1,040,000

6/27/20251.06 mi

Area:1,381 sqft
Price/sqft:$753
Beds:3
Baths:1
Year Built:
Weight:20.1%
719 Buchanan St, Albany, CA 94706

719 Buchanan St, Albany, CA 94706

Sale: $753,000

1/31/20251.20 mi

Area:1,650 sqft
Price/sqft:$456
Beds:2
Baths:
Year Built:
Weight:19.6%
1345 Ward St, Berkeley, CA 94702

1345 Ward St, Berkeley, CA 94702

Sale: $850,000

5/7/20251.23 mi

Area:1,723 sqft
Price/sqft:$493
Beds:2
Baths:1
Year Built:
Weight:18.5%
1401 Russell St, Berkeley, CA 94702

1401 Russell St, Berkeley, CA 94702

Sale: $1,000,000

12/2/20241.44 mi

Area:1,359 sqft
Price/sqft:$736
Beds:2
Baths:1
Year Built:
Weight:12.8%

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