2119 Russell Street

Berkeley, CA 94705

$2,595,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Pleased to present 2119 Russell Street, an eight-unit multifamily property in a prime South Berkeley location. The property consists of eight 2-bedroom, 1-bathroom apartments averaging 750 square feet all finished with granite countertops and hardwood floors. The property offers on-site laundry and a rear, open-air courtyard. The building has eight private garage spaces, increasing the desirability for tenants and offering the owner an additional revenue source. This is a truly rare pride-of-ownership...

Property Details for 2119 Russell Street

Area
Berkeley Map Area 5
City
BERKELEY
Building Type
Lowrise (1-3 Flrs)

Property Details for 2119 Russell Street

StatusPending
MLS #40913842
Days on Market115
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Lowrise (1-3 Flrs)
Year Built1961
Lot Size-
CountyAlameda County

Listing Agent

TIMOTHY WARREN

JOSEPH M. TAPIA, BROKER

twarren@nainorcal.com

P: 510.336.4719

DRE #02008347

Contact Agent(s)

Location

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

Building Information for 2119 Russell Street

Stories-Residences-Year Built1961Building Size-Lot Size-

Payment Calculator

$8,697 per month

30 year fixed, 2.95% Interest

Principal and Interest

$8,697

Property Taxes

HOA Dues

$0

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Property Information for 2119 Russell Street

Features
    Feature Details
  • Flooring: Hardwood Floors
  • Laundry: Coin Operated
    Utility Details
  • Cooling: None
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public
Lot / Property Details
    Home Owners Association
  • HOA Amenities: None
    Property Details
  • Additional Equipment: Garage Door Opener, Washer, Water Heater Gas
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Regular
  • Roof: Composition Shingles
  • Year Built: 1961
    Location Details
  • Directions to Property: Russell St
  • FIPS Code: 06001
  • Census Tract: 4235.00
  • Parcel Number: 53-1686-19
  • Printed Neighborhood Rpt: No
  • Board ID: OAKLAND BERKELEY
  • Street Number Numeric: 2119.0
  • Street Name: Russell St
  • County: Alameda
  • Zip Code: 94705
Multi Family Information
    General Details
  • Financial Data Source: Estimated, Owner
Multi Family 5+ Information
    Building Details
  • Additional Features-Misc: None
  • All Units Have: Disposal, Oven Range Built-In, Refrigerator
  • Apx Lot Acres: 0
  • Apx Lot Sq Ft: 5375
  • Basement: None
  • Inspection Reports Available: Other
  • On Site Parking Description: Below Ground Parking
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Total # Parking Spaces: 8
  • Tot Ann Oper Exp: 6673.0
  • Tot Bldg Sq Ft: 6000.0
  • Total Deposits: 0
    Income / Expense Details
  • Annual Exp Year: 65215
  • Annual Gross Sched Income: $218,928
  • Annual Insurance Expense: $3,564
  • Annual License Expense: $5,865
  • Annual Maint Expense: $4,800
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $1,200
  • Annual Rent Income: $218,928
  • Annual Taxes: $39,540
  • Annual Util Expense: $9,144
  • Annual Vacancy: 6478.0
  • Gross Income: $218,928
  • Gross Operating Actual Income: $218,928
  • Gross Rent Multiplier: 11.85
  • Net Operating Income: $147,145
  • Other Annual Expense: $2,160
    Other Financial Information
  • Cap Rate: 5.67%
  • Existing Loan: ARM
  • Financial Data Source: Estimated, Owner
  • Ocpnt Req 24 Hr: Yes

Property History for 2119 Russell St

DateEvent & SourcePriceAppreciation
Dec 3, 2020

Pending

EBRD #40913842

Dec 2, 2020

Pending

MLSListings #EB40913842

Oct 21, 2020

Price Change

EBRD #40913842

$2,595,000
DateEvent & SourcePrice
12/03/2020

Pending

EBRD #40913842

12/02/2020

Pending

MLSListings #EB40913842

10/21/2020

Price Change

EBRD #40913842

$2,595,000

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

Public Records for 2119 Russell Street

Taxable ValueLand$214,439Additions$478,020Total$692,459
Tax Record2020$16,729 ($1,394 / month)
Home Facts
Total Finished SqFt6,000 SqFtAbove Grade Finished SqFt6,000 SqFtStories2Lot Size5,375 SqFtStyleMulti-Family Dwelling (2-4)Year Built1961Year Renovated1961CountyALAMEDAAPN053 168601900

Schools near 2119 Russell Street


SchoolTypeGradesDistanceRating
Sylvia Mendez ElementaryPublicK-50.2 mi
6
Berkeley Technology AcademyPublic10-120.3 mi
NR
Willard Middle SchoolPublic6-80.5 mi
8
Malcolm X Elementary SchoolPublicK-50.5 mi
6

Sylvia Mendez Elementary

K-5, 0.2 mi, Public

6

Berkeley Technology Academy

10-12, 0.3 mi, Public

NR

Willard Middle School

6-8, 0.5 mi, Public

8

Malcolm X Elementary School

K-5, 0.5 mi, Public

6

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 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. No financial or legal advice provided. Equal Housing Opportunity.

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

Based on information from the San Francisco Association of Realtors as of 07/23/2020 05:00 PM, the MLSListings MLS as of 07/23/2020 05:00 PM, or the BAREIS MLS as of 07/23/2020 05:00 PM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/03/2020 01:43 PM