1628 Fairview Street

1628 Fairview Street

Berkeley, CA 94703

$1,500,000
Last Sold Price
—
Beds
3,102 Sq. Ft.
$484 / Sq. Ft.
3,102
Sq. Ft.
$484
per Sq. Ft.

Sold 7/31/23

Sold 7/31/23

front view of house with a small yard

Description

1628 Fairview Street (5 - 1BR/1BA units) is more than a beautiful Victorian multifamily—it’s a rare opportunity for an investor like you to own a cash-generating property ($127K at current rents) that requires no major upgrades. The old brick foundation? —Replaced with poured concrete. The damaged woodwork along the trim and deck? —Refreshed and revitalized. The old roof? —Replaced in 2015. In other words, this will be a turnkey purchase for whoever is lucky enough to get their offer accepted. Physical...1628 Fairview Street (5 - 1BR/1BA units) is more than a beautiful Victorian multifamily—it’s a rare opportunity for an investor like you to own a cash-generating property ($127K at current rents) that requires no major upgrades. The old brick foundation? —Replaced with poured concrete. The damaged woodwork along the trim and deck? —Refreshed and revitalized. The old roof? —Replaced in 2015. In other words, this will be a turnkey purchase for whoever is lucky enough to get their offer accepted. Physical amenities aside, what makes 1628 Fairview St. a great buying opportunity is its location between South Berkeley and Bushrod. Not only is it close to all the hustle and bustle of Shattuck, Telegraph, and College Avenues, but it’s also right by BART (Ashby station), multiple public parks, and it’s less than two miles from the UC Berkeley Campus. Other considerations worth noting: all units separately metered for gas and electric, onsite laundry facilities, and the sewer lateral is compliant.
  1. Listed by Joey Wang • DRE #01890931 • Keller Williams Realty

Property Details for 1628 Fairview Street

City
BERKELEY
Dist Neighborhood Subdiv
SOUTH BERKELEY
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Parking Area
Total # Parking Spaces
5

Location

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931

Sold By BAY'S ELITE INVESTMENTS, Pedram Karbassi, DRE #01522384

Add your commute
LISTING UPDATED: 07/31/2023 05:13 PM

Property Details for 1628 Fairview Street

StatusSold
MLS #41026929
Days on Compass27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1896
Lot Size0.15 AC / 6,750 SF
CountyAlameda County

Location

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931

Sold By BAY'S ELITE INVESTMENTS, Pedram Karbassi, DRE #01522384

Add your commute

Building Information for 1628 Fairview Street

Stories-Residences5Year Built1896Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$10,427 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$2,241

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1628 Fairview Street

Features
Feature Details
  • Flooring: Carpet, Hardwood Floors, Tile, Vinyl
  • Laundry: Common Room, Dryer, Washer
Utility Details
  • Cooling: Ceiling Fan(s)
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: Carbon Mon Detector, Dryer, Individual Electric Meter, Individual Gas Meter, Smoke Detector, Tankless Water Heater
  • City Transfer Tax: Yes
  • Exterior: Wood Frame, Wood Siding
  • Lot Description: Backyard, Partial Fence, Paved
  • Lot Sq Ft Apx: 6750
  • Lot Size Square Feet: 6750.0
  • Roof: Composition Shingles, Shingle
  • Sq Ft Apx: 3102
  • Year Built: 1896
Location Details
  • Directions to Property: Adeline St to Fairview St
  • FIPS Code: 06001
  • Census Tract: 4240.01
  • Parcel Number: 52-1535-26
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Dishwasher
  • Units Total: 5
  • Basement: None
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Estimated, Owner, Projected, Property Manager
Income / Expense Details
  • Operating Expenses: Insurance, Maintenance/Repair, Management, Property Tax/Assessments, Trash Removal, Water
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 1
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Approx SqFt: 647
  • Unit # 1 Rent: 2195
Unit 2
  • Unit 2 # Units This Type?: 1
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 # of Bedrooms: 1
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Approx SqFt: 594
  • Unit # 2 Rent: 2195
Unit 3
  • Unit 3 # Units This Type?: 1
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 # of Bedrooms: 1
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Approx SqFt: 631
  • Unit # 3 Rent: 2245
Unit 4
  • Unit 4 # Units This Type?: 1
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 # of Bedrooms: 1
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Approx SqFt: 685
  • Unit # 4 Rent: 2297
Unit 5
  • Unit 5 # Units This Type?: 1
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 # of Bedrooms: 1
  • Unit # 5 # of Bathrooms: 1
  • Unit # 5 Approx SqFt: 620
  • Unit # 5 Rent: 1608
Building Details
  • Additional Features-Misc: Balcony/Patio
  • Apx Lot Acres: 0
  • Inspection Reports Available: Home, Roof, Structural Pest Control
  • On Site Parking Description: On Street, Parking Area, Uncovered Park Spaces 2+, Uncovered Parking Space
  • Tot Ann Oper Exp: 0.0
  • Total Deposits: 0
Income / Expense Details
  • Annual Exp Year: 0
  • Annual Gross Sched Income: $128,278
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maint Expense: $0
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $0
  • Annual Rent Income: $0
  • Annual Taxes: $0
  • Annual Util Expense: $0
  • Annual Vacancy: 0.0
  • Gross Income: $0
  • Gross Operating Actual Income: $0
  • Gross Rent Multiplier: 0
  • Net Operating Income: $0
  • Other Annual Expense: $0
Other Financial Information
  • 1st - Yrs Remaining: 0
  • 1st Lender: 0
  • 1st Loan Number: 0
  • Apprx Equity: 0.0
  • Cap Rate: 0
  • Existing Loan: None
  • First Balance: $0
  • First Loan Payment: $0
  • Interest Rate: 0.0
  • Ocpnt Req 24 Hr: Yes
  • Variable or Fixed Rate: 0
Additional Information
Additional Information
  • Fireplace: No

Property History for 1628 Fairview 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 1628 Fairview Street

Taxable ValueLand$442,920Additions$1,129,719Total$1,572,639
Tax Record2023$26,886 ($2,241 / month)
Home Facts
Total Finished SqFt3,102 SqFtAbove Grade Finished SqFt3,102 SqFtStories3Lot Size6,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1896Year Renovated1980CountyALAMEDAAPN52-1535-26

Schools near 1628 Fairview Street

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Emerson Elementary School
Public - K to 5
John Muir Elementary School
Public - K to 5
Malcolm X Elementary School
Public - K to 5
Willard Middle School
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.

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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 Keller Williams Realty, Joey Wang, DRE #01890931

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.