2243 Ashby Ave

Beds
Baths
5,494 Sq. Ft.
$400 / Sq. Ft.
5,494
Sq. Ft.
$400
per Sq. Ft.

Description

2243-2245 Ashby Ave contains five units in two separate buildings. 2243 Ashby consists of two units, (1) 6-Bed/ 2 Bath unit and the other is a 4-Bed/ 2 Bath unit. The second building consists of (1) 2-Bed/ 1 Bath unit and (2) 1-Bed/ 1 Bath Units. Each of the units is separately metered for PG&E. Four of the five units are sub-metered for water. The favorable unit mix and high desirability of the location will continue to rent to quality tenants at market rents.2243-2245 Ashby Ave contains five units in two separate buildings. 2243 Ashby consists of two units, (1) 6-Bed/ 2 Bath unit and the other is a 4-Bed/ 2 Bath unit. The second building consists of (1) 2-Bed/ 1 Bath unit and (2) 1-Bed/ 1 Bath Units. Each of the units is separately metered for PG&E. Four of the five units are sub-metered for water. The favorable unit mix and high desirability of the location will continue to rent to quality tenants at market rents.
  1. Listed by GRANT CHAPPELL • DRE #01700439 • JOSEPH M. TAPIA, BROKER

Property Details for 2243 Ashby Avenue

City
BERKELEY
Building Type
Lowrise (1-3 Flrs)
Property Sub Type
Lowrise (1-3 Flrs)
Garage/Parking
Other
Total # Parking Spaces
4
LISTING UPDATED: 06/04/2019 04:35 PM

Property Details for 2243 Ashby Avenue

StatusSold
MLS #40854680
Days on Compass45
Taxes$29,469 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1925
Lot Size0.16 AC / 6,800 SF
CountyAlameda County

Location

Listing Courtesy of JOSEPH M. TAPIA, BROKER, GRANT CHAPPELL, DRE #01700439

Sold By Harper Real Estate, Michael Young, DRE #02003601

Add your commute

Building Information for 2243 Ashby Avenue

Stories-Residences5Year Built1925Building Size-Lot Size0.16 AC / 6,800 SF

Payment Calculator

$13,178 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,722

Property Taxes

$2,456

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2243 Ashby Avenue

Features
Feature Details
  • Flooring: Other
Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Other
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Other Skirt
  • Lot Description: Other
  • Lot Sq Ft Apx: 6800
  • Lot Size Square Feet: 6800.0
  • Roof: Other
  • Sq Ft Apx: 5494
  • Year Built: 1925
Location Details
  • Directions to Property: Betwn Deakin St & Ellsworth St
  • FIPS Code: 06001
  • Census Tract: 00
  • Printed Neighborhood Rpt: No
  • Board ID: OAKLAND BERKELEY
Multi Family Information
General Details
  • Units Total: 5
  • Basement: Other
  • Tenant Pays: Other
  • Total Deposits: $0
  • Financial Data Source: Other
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 1
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 4
  • Unit # 1 # of Bathrooms: 2
  • Unit # 1 Rent: 5400
Unit 2
  • Unit 2 # Units This Type?: 1
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 # of Bedrooms: 6
  • Unit # 2 # of Bathrooms: 2
  • Unit # 2 Rent: 5600
Unit 3
  • Unit 3 # Units This Type?: 1
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Rent: 2700
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 Rent: 760
Unit 5
  • Unit 5 # Units This Type?: 1
  • Unit # 5 # of Bedrooms: 1
  • Unit # 5 # of Bathrooms: 1
  • Unit # 5 Rent: 2200
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • On Site Parking Description: Other
  • Tot Ann Oper Exp: 59342.0
  • Total Deposits: 0
Income / Expense Details
  • Annual Exp Year: 59342
  • Annual Gross Sched Income: $201,720
  • Annual Insurance Expense: $6,000
  • Annual License Expense: $7,148
  • Annual Maint Expense: $3,750
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $0
  • Annual Rent Income: $201,720
  • Annual Taxes: $29,469
  • Annual Util Expense: $3,800
  • Annual Vacancy: 6051.0
  • Gross Income: $201,720
  • Gross Operating Actual Income: $195,668
  • Gross Rent Multiplier: 11.9
  • Net Operating Income: $136,326
  • Other Annual Expense: $9,175
Other Financial Information
  • Cap Rate: 5.68
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2243 Ashby Avenue

DateEvent & SourcePriceAppreciation
Jun 3, 2019

Sold

SDMLS #40854680

$2,200,000
Jun 3, 2019

Sold

EBRD #40854680

$2,200,000
Jun 3, 2019

Sold

MLSListings #EB40854680

$2,200,000
Apr 12, 2019

Pending

EBRD #40854680

Apr 12, 2019

Pending

MLSListings #EB40854680

Feb 26, 2019

Listed (Active)

SDMLS #40854680

$2,400,000
Feb 26, 2019

Listed (Active)

MLSListings #EB40854680

$2,400,000
Feb 26, 2019

Listed (Active)

EBRD #40854680

$2,400,000
DateEvent & SourcePrice
06/03/2019

Sold

SDMLS #40854680

$2,200,000
06/03/2019

Sold

EBRD #40854680

$2,200,000
06/03/2019

Sold

MLSListings #EB40854680

$2,200,000
04/12/2019

Pending

EBRD #40854680

04/12/2019

Pending

MLSListings #EB40854680

02/26/2019

Listed (Active)

SDMLS #40854680

$2,400,000
02/26/2019

Listed (Active)

MLSListings #EB40854680

$2,400,000
02/26/2019

Listed (Active)

EBRD #40854680

$2,400,000

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

Public Records for 2243 Ashby Avenue

Taxable ValueLand$772,920Additions$1,491,220Total$2,264,140
Tax Record2021$38,388 ($3,199 / month)
Home Facts
Total Finished SqFt5,494 SqFtAbove Grade Finished SqFt5,494 SqFtStories2Lot Size6,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1925Year Renovated1925CountyALAMEDAAPN52-1580-13

Schools near 2243 Ashby 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

Malcolm X Elementary School
PublicK to 5

John Muir 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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Listing Courtesy of JOSEPH M. TAPIA, BROKER, 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.