1540 Prince Street

Berkeley, CA 94703

$2,200,000
Price
Beds
3,252 Sq. Ft.
$677 / Sq. Ft.
3,252
Sq. Ft.
$677
per Sq. Ft.

Description

We're delighted to introduce an extraordinary opportunity to own this stunning Duplex! Recently renovated to perfection, this property offers approximately 3,252 square feet of living space nestled on a spacious 6,750 square foot lot. Crafted for both comfortable living and lucrative rental potential, the duplex presents a thoughtfully designed layout ensuring privacy and ease for residents and tenants alike. Additionally, it offers a 400 sqft loft, rented space for RVs complete with electricity,...We're delighted to introduce an extraordinary opportunity to own this stunning Duplex! Recently renovated to perfection, this property offers approximately 3,252 square feet of living space nestled on a spacious 6,750 square foot lot. Crafted for both comfortable living and lucrative rental potential, the duplex presents a thoughtfully designed layout ensuring privacy and ease for residents and tenants alike. Additionally, it offers a 400 sqft loft, rented space for RVs complete with electricity, water, and sanitary connections, a detached garage, off-street parking, and ample outdoor area. This property is a prime choice for investors or owner/users looking for an exciting opportunity, this property is sure to impress. Don't miss out on this exceptional chance to own a piece of prime real estate in a highly coveted location while reaping the rewards of a substantial income stream.
  1. Listed by Yelena Lepina • DRE #02077513 • Brokerage DRE #02101181 • Christie's International Real Estate Sereno • 650-288-2815

Property Details for 1540 Prince Street

MLS City Name
BERKELEY
Building Type
DUPLEX
Garage Spaces
2
Parking Spaces
4
Cross Street
Sacramento to Pr

Location

Listing Courtesy of Christie's International Real Estate Sereno, Yelena Lepina, DRE #02077513
Add your commute
LISTING UPDATED: 04/01/2024 01:26 PM

Property Details for 1540 Prince Street

StatusActive
MLS #ML81957709
Days on Compass28
Taxes$26,400 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1909
Lot Size0.15 AC / 6,750 SF
CountyAlameda County

Location

Listing Courtesy of Christie's International Real Estate Sereno, Yelena Lepina, DRE #02077513
Add your commute

Building Information for 1540 Prince Street

Stories2Residences2Year Built1909Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$14,206 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

$2,200

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1540 Prince Street

Features
Features
  • Fireplace: No
  • Laundry: Washer / Dryer
  • Living SqFt: 3252
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Central Forced Air
  • Meters: Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Detached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Berkeley Map Area 8
  • Roof: Composition, Shingle
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 1540
  • Street Name: Prince
  • Street Suffix: Street
  • Area ID: 2308
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3252
  • Structure SqFt Source: Assessor
  • Age: 115
Development Information
  • Zoning Detail: R2
Location Information
  • Parcel Number: 052-1542-026
  • County Name: Alameda
  • City Name: BERKELEY
  • City Postal ID: 123
  • Postal Code: 94703
  • Elementary School District: 966
  • High School District Text: Alameda City Unified
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .15
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 1
General Information
  • Annual Tax Amount: $26,400
  • Building Unit Total: 2
  • Capitalization Rate: 5.07
  • Tenant Expenses: Other
  • Income Includes: Rents, RV/Storage, Other
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $3,280
  • Expense Landscape: $0
  • Expense Maintenance: $2,400
  • Expense Management: $3,000
  • Expense Trash: $0
  • Expenses Other: $5,850
  • Expenses Utility: $10,080
  • Expenses Total: $51,010
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Gross Rent Multiplier: 12.87
  • Income Annual Gross: $162,450
  • Income Annual Rental: $171,000
  • Income Gross Scheduled: $171,000
  • Income Other: $0

Property History for 1540 Prince Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1540 Prince Street

Taxable ValueLand$246,627Additions$575,465Total$822,092
Tax Record2023$15,765 ($1,314 / month)
Home Facts
Total Finished SqFt3,252 SqFtAbove Grade Finished SqFt3,252 SqFtStories2Lot Size6,750 SqFtStyleDuplexYear Built1909CountyALAMEDAAPN52-1542-26

Schools near 1540 Prince Street

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Washington Elementary School
PublicK to 5

Berkeley Arts Magnet at Whittier School
PublicK to 5

Oxford Elementary School
PublicK to 5

Malcolm X Elementary 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.

Similar Homes

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Similar Sold Homes

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1540 Prince Street is a multi-family home for sale in Berkeley, CA 94703. This property was listed for sale on April 1, 2024 by Christie's International Real Estate Sereno, it's currently listed at $2,200,000. It has been on the market for a total of 28 days and was last sold on May 17, 2023. This listing's school district is Berkeley Unified School District. Nearby schools include Washington Elementary School, Berkeley Arts Magnet at Whittier School and Oxford Elementary School. 1540 Prince Street is a 0-bed, 0-bath, 3,252 sqft multi-family home built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Christie's International Real Estate Sereno, Yelena Lepina, DRE #02077513

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.