2238 Roosevelt Avenue

Berkeley, CA 94703

$1,747,000
Price
Beds
3,282 Sq. Ft.
$532 / Sq. Ft.
3,282
Sq. Ft.
$532
per Sq. Ft.

Description

Nestled in the heart of Berkeley, with More than $185,000 in projected annual rental income! A very rare 5-Unit rental income property with APPROVED PLANS to ADD AN ADDITIONAL UNIT. this property presents a rare opportunity for investors or those seeking a versatile residential space. Boasting a mix of unit types, including three 1-bedroom, 1-bathroom layouts, one studio unit, and a generously sized 2-bedroom, 2-bathroom unit with the potential for a third bedroom, this property offers flexibility...Nestled in the heart of Berkeley, with More than $185,000 in projected annual rental income! A very rare 5-Unit rental income property with APPROVED PLANS to ADD AN ADDITIONAL UNIT. this property presents a rare opportunity for investors or those seeking a versatile residential space. Boasting a mix of unit types, including three 1-bedroom, 1-bathroom layouts, one studio unit, and a generously sized 2-bedroom, 2-bathroom unit with the potential for a third bedroom, this property offers flexibility to suit various needs. Situated just minutes away from shopping, restaurants, the Berkeley Marina, hiking trails, parks, and convenient freeway access, residents will enjoy the vibrant lifestyle that Berkeley has to offer. This property's central location not only provides easy access to amenities and outdoor recreational activities but also positions it as an attractive investment opportunity in one of Berkeley's most sought-after neighborhoods. Whether you're looking to revitalize it for rental income or envisioning it as your next renovation project, this Berkeley gem invites you to bring your vision to life and make the most of its potential in this dynamic city.
  1. Listed by Daniel Donate • DRE #02009961 • Cal Bay Realty, Inc.
  2. Listed by Michael Roberts • DRE #01978798 • Cal Bay Realty, Inc.

Property Details for 2238 Roosevelt Avenue

City
BERKELEY
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Attached Garage, Access - Side Yard
Park Spaces Total
1
Total # Parking Spaces
5

Location

Listing Courtesy of Cal Bay Realty, Inc., Daniel Donate, DRE #02009961; Cal Bay Realty, Inc., Michael Roberts, DRE #01978798
Add your commute
LISTING UPDATED: 04/23/2024 11:38 AM

Property Details for 2238 Roosevelt Avenue

StatusPrice Change
MLS #41050896
Days on Compass66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units
Year Built1924
Lot Size0.15 AC / 6,500 SF
CountyAlameda County

Location

Listing Courtesy of Cal Bay Realty, Inc., Daniel Donate, DRE #02009961; Cal Bay Realty, Inc., Michael Roberts, DRE #01978798
Add your commute

Building Information for 2238 Roosevelt Avenue

Stories-Residences5Year Built1924Building Size-Lot Size0.15 AC / 6,500 SF

Payment Calculator

$11,193 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,534

Property Taxes

$1,659

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2238 Roosevelt Avenue

Features
Feature Details
  • Flooring: Hardwood Floors, Linoleum, Tile
Utility Details
  • Cooling: Other
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Carbon Mon Detector, Smoke Detector
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Regular, Other, Backyard
  • Lot Sq Ft Apx: 6500
  • Lot Size Square Feet: 6500.0
  • Roof: Composition
  • Sq Ft Apx: 3282
  • Yard Description: Back Yard, Side Yard, Storage
  • Year Built: 1924
  • Acres: 0.15
Location Details
  • Directions to Property: Bancroft Way/Roosevelt Ave
  • FIPS Code: 06001
  • Census Tract: no
  • Parcel Number: 56-2009-16
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 5
  • Basement: None
  • Parking Description: Attached Garage, Side Yard Access, Street Parking
  • Existing Lease Terms: Building Vacant
  • Tenant Pays: None
  • Financial Data Source: None
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: None
  • ADDTL MISC FEATURES: None
  • Apx Lot Acres: 0
  • On Site Parking Description: Attached Garage, On Street
Other Financial Information
  • Existing Loan: None
  • Ocpnt Req 24 Hr: No
Additional Information
Additional Information
  • Fireplace: No

Property History for 2238 Roosevelt 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 2238 Roosevelt Avenue

Taxable ValueLand$510,000Additions$609,450Total$1,119,450
Tax Record2023$19,913 ($1,659 / month)
Home Facts
Total Finished SqFt3,282 SqFtAbove Grade Finished SqFt3,282 SqFtStories2Lot Size6,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1924CountyALAMEDAAPN56-2009-16

Schools near 2238 Roosevelt 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 - K to 5
Rating
School
Distance
Berkeley Arts Magnet at Whittier School
PublicK to 5

Malcolm X Elementary School
PublicK to 5

Oxford Elementary School
PublicK to 5

Washington 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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2238 Roosevelt Avenue is a multi-family home for sale in Berkeley, CA 94703. This property was listed for sale on February 24, 2024 by Cal Bay Realty, Inc., it's currently listed at $1,747,000. It has been on the market for a total of 66 days and was last sold on September 21, 2021. This listing's school district is Berkeley Unified School District. Nearby schools include Berkeley Arts Magnet at Whittier School, Malcolm X Elementary School and Oxford Elementary School. 2238 Roosevelt Avenue is a 0-bed, 0-bath, 3,282 sqft multi-family home built in 1924.

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 Cal Bay Realty, Inc., Daniel Donate, DRE #02009961; Cal Bay Realty, Inc., Michael Roberts, DRE #01978798

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.