1138 Addison Street

Sold 5/22/20
Sold 5/22/20
Gallery Image 1
Sold
Last Sold Price
$1,275,000
6 beds2,682 sqft$475/sqft
1138 Addison St, Berkeley, CA 94702
Multi FamilyProperty Type
4,000 sq ftLot Size
1966Year Built
$475/sq ftPrice per sq ft

Description

We are pleased to present 1138 Addison Street, a four-unit multifamily building located in Poet's Corner. The property consists of one 3-bedroom, 1-bathroom apartment and three 1-bedroom, 1-bathroom apartments. Tenants will enjoy the convenience of four off-street parking spaces and on-site laundry. A short walk west will land you on Fourth Street, giving endless restaurant and shopping choices including Peet's Coffee, the Apple Store, and SoulCycle, just to name a few. A walk a few blocks east will...We are pleased to present 1138 Addison Street, a four-unit multifamily building located in Poet's Corner. The property consists of one 3-bedroom, 1-bathroom apartment and three 1-bedroom, 1-bathroom apartments. Tenants will enjoy the convenience of four off-street parking spaces and on-site laundry. A short walk west will land you on Fourth Street, giving endless restaurant and shopping choices including Peet's Coffee, the Apple Store, and SoulCycle, just to name a few. A walk a few blocks east will deliver daily conveniences such as Target and Strawberry Creek Park, truly adding to the desirability of this location. Tenants will see the benefit of having easy access to North Berkeley BART, city bus lines, and I-80, offering access throughout the Bay Area.
  • Listed by: TIMOTHY WARREN DRE #02008347 • JOSEPH M. TAPIA, BROKER
Listing closed: 05/22/2020 12:00 AM • Source: EBRD, MLS#: 40900365

Recent comparable sales

Median sold price

$1,295,000

Avg days on market

26

Sale-to-list ratio

104.7%

Berkeley, CA

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Location

Listing Courtesy of JOSEPH M. TAPIA, BROKER, TIMOTHY WARREN, DRE #02008347

Sold By Joseph M Tapia, Broker, Joby Tapia, DRE #01307460

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30 year fixed, 6.71% Interest

Principal and Interest

$6,589

Property Taxes

$1,112

HOA Dues

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Property Information for 1138 Addison Street

Property Details
  • Taxes: $13,341 / year
  • MLS Type: RESIDENTIAL INCOME / Fourplex
  • County: Alameda County
  • City: BERKELEY
  • Building Type: FOURPLEX
  • Property Sub Type: FOURPLEX
  • Park Spaces Total: 5
Building Information
  • Residences: 4
  • Year Built: 1966
  • Lot Size: 0.09 AC / 4,000 SF
Features
Feature Details
  • Flooring: Laminate
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Gas
  • Water/Sewer: Sewer System - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Water Heater Gas
  • City Transfer Tax: Yes
  • Exterior: Stucco & Stone
  • Lot Description: None
  • Lot Sq Ft Apx: 4000
  • Lot Size Square Feet: 4000.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 2682
  • Yard Description: Other
  • Year Built: 1966
  • Acres: 0.09
Location Details
  • Directions to Property: University
  • FIPS Code: 06001
  • Printed Neighborhood Rpt: No
  • Board ID: OAKLAND BERKELEY
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Miscellaneous Features: None
  • Parking Description: Carport - 2 Or More
  • Existing Lease Terms: Other
  • Tenant Pays: Electric, Gas
  • Total Deposits: $6,000
  • Financial Data Source: Owner
Income / Expense Details
  • Annual Expense Year: 28373
  • Annual Taxes $: $13,341
  • Annual Gross Fee Income: $105,000
  • Annual Gross Sched Income: $105,000
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $105,000
  • Gross Oper Income (Act): $101,850
  • Net Operating Income: $73,477
  • Annual Insurance Expense: $1,341
  • Annual License Expense: $2,851
  • Annual Maintance Expense: $2,000
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $9,971
  • Annual Utility Expense: $3,200
  • Annual Vacancy Expense: $3,150
  • Other Annual Expense: $1,080
Unit 1 Details
  • Occupied By 1: Tenant
  • Bedrooms 1: 3
  • Bathrooms 1: 1
  • Apx Sq Ft 1: 900
  • Rent 1: 2800
Unit 2 Details
  • Occupied By 2: Tenant
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 594
  • Rent 2: 1800
Unit 3 Details
  • Occupied By 3: Tenant
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 594
  • Rent 3: 1950
Unit 4 Details
  • Occupied By 4: Vacant
  • Bedrooms 4: 1
  • Bathrooms 4: 1
  • Apx Sq Ft 4: 594
  • Rent 4: 2200
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
  • Total Deposits: 6000
Additional Information
Additional Information
  • Fireplace: No

Property History for 1138 Addison Street

DateEvent & SourcePriceAppreciation
May 22, 2020

Sold

MLSListings #EB40900365

$1,275,000—
May 22, 2020

Sold

EBRD #40900365

$1,275,000—
May 12, 2020

Sold (Public Record)

Public Record #670967062

$1,275,000—
DateEvent & SourcePrice
05/22/2020

Sold

MLSListings #EB40900365

$1,275,000
05/22/2020

Sold

EBRD #40900365

$1,275,000
05/12/2020

Sold (Public Record)

Public Record #670967062

$1,275,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1138 Addison Street

Taxable ValueLand$426,678Additions$995,583Total$1,422,261
Tax Record2025$25,149 ($2,096 / month)
Home Facts
Baths4Total Finished SqFt2,682 SqFtAbove Grade Finished SqFt2,682 SqFtStories2Lot Size4,000 SqFtStyleQuadraplexYear Built1966Year Renovated1966ZoningR3CountyALAMEDAAPN56-1985-2-3

Schools near 1138 Addison Street

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Ruth Acty Elementary
Public - K to 5
Berkeley Arts Magnet at Whittier School
Public - K to 5
Thousand Oaks Elementary School
Public - K to 5
Rosa Parks Environmental Science Magnet School
Public - K to 5
Rating
School
Distance
Ruth Acty Elementary
PublicK to 5

Berkeley Arts Magnet at Whittier School
PublicK to 5

Thousand Oaks Elementary School
PublicK to 5

Rosa Parks Environmental Science Magnet School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1138 Addison Street, Berkeley, CA 94702
$1,275,000
6
–
2,682
4,000
1140 Addison Street, Berkeley, CA 94702
$909,000
–
–
–
4,000
1136 Addison Street, Berkeley, CA 94702
$1,515,000
2
1,236
4,000
1142 Addison Street, Berkeley, CA 94702
$909,000
4
2
1,637
4,000
1134 Addison Street, Berkeley, CA 94702
$990,000
2
–
1,730
3,000
1132 Addison Street, Berkeley, CA 94702
$138,000
–
–
3,000
3,000

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JOSEPH M. TAPIA, BROKER, TIMOTHY WARREN, DRE #02008347

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.