3216 California St

Berkeley, CA 94703
$1,649,000
Courtesy of Winkler Real Estate Group

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!
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  • Property Details
    • Property
      • Lot description:CornerLot, Yard
    • Measurements
      • Acres:0.0517
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1896
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
  • Community and Neighborhood Details
    • Community
      • Subdivision:SOUTH BERKELEY
    • Location
      • County:Alameda
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 895, 000
  • Other
    • Source
      • MLS #:41068833

Location

The Alcantara GroupReal 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.

Estimated Monthly Payment
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Loan Amount
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