1614 Alcatraz Avenue

Berkeley, CA 94703

$911,000
Last Sold Price
5
Beds
4
Baths
2,738 Sq. Ft.
$333 / Sq. Ft.
2,738
Sq. Ft.
$333
per Sq. Ft.

Description

Looking for a turn-key asset with minimal operating expenses and massive long term upside with a large lot primed for an ADU? 1614 Alcatraz is the property for you! New and improved price, 1614 Alcatraz is a classic urban four-plex nestled in a prime South Berkeley location between Adeline and Sacramento Street. The property consists of four units total with an ideal unit mix of one 2-bedroom apartment and three 1-bedroom apartments. The property is individually metered for electricity/ gas and features...Looking for a turn-key asset with minimal operating expenses and massive long term upside with a large lot primed for an ADU? 1614 Alcatraz is the property for you! New and improved price, 1614 Alcatraz is a classic urban four-plex nestled in a prime South Berkeley location between Adeline and Sacramento Street. The property consists of four units total with an ideal unit mix of one 2-bedroom apartment and three 1-bedroom apartments. The property is individually metered for electricity/ gas and features a large rear parking lot with 1:1 parking and even room for a possible ADU. This is an excellent opportunity to acquire a fully occupied residential asset in an A+ South Berkeley location and take advantage of attractive residential financing.
  1. Listed by Grant Chappell • DRE #01700439 • NAI Northern California

Property Details for 1614 Alcatraz Avenue

City
BERKELEY
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Off-Street Parking, Parking Area
Park Spaces Total
4

Location

Listing Courtesy of NAI Northern California, Grant Chappell, DRE #01700439

Sold By Alliance Bay Realty, Tinus Masbrata, DRE #01252643

Add your commute
LISTING UPDATED: 05/13/2023 03:00 AM

Property Details for 1614 Alcatraz Avenue

StatusSold
MLS #41022439
Days on Compass13
Taxes$15,780 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1918
Lot Size0.15 AC / 6,489 SF
CountyAlameda County

Location

Listing Courtesy of NAI Northern California, Grant Chappell, DRE #01700439

Sold By Alliance Bay Realty, Tinus Masbrata, DRE #01252643

Add your commute

Building Information for 1614 Alcatraz Avenue

Stories-Residences4Year Built1918Building Size-Lot Size0.15 AC / 6,489 SF

Payment Calculator

$6,287 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,972

Property Taxes

$1,315

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1614 Alcatraz Avenue

Features
Feature Details
  • Flooring: Concrete Slab
  • Laundry: Common Room
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
  • Solar: None
Lot / Property Details
Property Details
  • Additional Equipment: Individual Electric Meter, Individual Gas Meter, Water Heater Gas
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Regular
  • Lot Sq Ft Apx: 6489
  • Lot Size Square Feet: 6489.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 2738
  • Yard Description: Back Yard, Front Yard, Side Yard
  • Year Built: 1918
  • Acres: 0.15
Location Details
  • Directions to Property: Adeline to Alcatraz
  • FIPS Code: 06001
  • Parcel Number: 52-1522-19
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Updated Baths, Updated Kitchen
  • Units Total: 4
  • Basement: None
  • Parking Description: Off Street Parking, Parking Area
  • Existing Lease Terms: Month to Month
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Income / Expense Details
  • Annual Taxes $: $15,780
  • Annual Rental Income: $66,026
  • Net Operating Income: $37,003
  • Annual Insurance Expense: $2,738
Unit 1 Details
  • Unit #/Address - 1: A
  • Occupied By 1: Tenant
  • Bedrooms 1: 2
  • Bathrooms 1: 1
  • Rent 1: 2295
Unit 2 Details
  • Unit #/Address - 2: B
  • Occupied By 2: Tenant
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Rent 2: 1086
Unit 3 Details
  • Unit #/Address - 3: C
  • Occupied By 3: Tenant
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Rent 3: 777
Unit 4 Details
  • Unit #/Address - 4: D
  • Occupied By 4: Tenant
  • Bedrooms 4: 1
  • Bathrooms 4: 1
  • Rent 4: 1303
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio
Additional Information
Additional Information
  • Fireplace: No

Property History for 1614 Alcatraz Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1614 Alcatraz Avenue

Taxable ValueLand$231,030Additions$531,369Total$762,399
Tax Record2023$14,236 ($1,186 / month)
Home Facts
Total Finished SqFt2,738 SqFtAbove Grade Finished SqFt2,738 SqFtStories1Lot Size6,489 SqFtStyleQuadraplexYear Built1918Year Renovated1922CountyALAMEDAAPN52-1522-19

Schools near 1614 Alcatraz Avenue

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 - 6 to 8
Rating
School
Distance
Emerson Elementary School
PublicK to 5

John Muir Elementary School
PublicK to 5

Malcolm X Elementary School
PublicK to 5

Willard Middle School
Public6 to 8

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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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 NAI Northern California, Grant Chappell, DRE #01700439

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.