2720 College Avenue

Berkeley, CA 94705

$2,200,000
Last Sold Price
4
Beds
4
Baths
3,931 Sq. Ft.
$560 / Sq. Ft.
3,931
Sq. Ft.
$560
per Sq. Ft.

Description

2720 College Avenue is a multifamily investment opportunity with 4 X large, ± 968 square foot, one-bedroom, one-bathroom flats that feature formal dining rooms and provides the potential opportunity to be converted to two bedroom units in the future.2720 College Avenue is a multifamily investment opportunity with 4 X large, ± 968 square foot, one-bedroom, one-bathroom flats that feature formal dining rooms and provides the potential opportunity to be converted to two bedroom units in the future.
  1. Listed by Keith Manson • DRE #01490046 • CBRE

Property Details for 2720 College Avenue

City
BERKELEY
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage Spaces
0
Garage/Parking
Parking Area
View
Hills, Park
Park Spaces Total
6
Total # Parking Spaces
6

Location

Listing Courtesy of CBRE, Keith Manson, DRE #01490046

Sold By CBRE, Keith Manson, DRE #01490046

Add your commute
LISTING UPDATED: 08/14/2020 03:31 PM

Property Details for 2720 College Avenue

StatusSold
MLS #40907892
Days on Compass41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1924
Lot Size0.17 AC / 7,400 SF
CountyAlameda County

Location

Listing Courtesy of CBRE, Keith Manson, DRE #01490046

Sold By CBRE, Keith Manson, DRE #01490046

Add your commute

Building Information for 2720 College Avenue

Stories-Residences4Year Built1924Building Size-Lot Size0.17 AC / 7,400 SF

Payment Calculator

$14,949 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

$2,943

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2720 College Avenue

Features
Feature Details
  • Flooring: Hardwood Floors
  • Laundry: Inside Unit
Room Details
  • Rooms Total: 0
  • Additional Rooms: Basement - Storage Area
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Forced Air 1 Zone
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Dryer, Washer, Water Heater Gas
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Foundation: Slab
  • Lot Description: Regular
  • Lot Sq Ft Apx: 7400
  • Lot Size Square Feet: 7400.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 3931
  • Stories: 0.0
  • Yard Description: No Yard
  • Year Built: 1924
  • Acres: 0.17
Location Details
  • Directions to Property: On College Ave between Derby St and Stuart St
  • FIPS Code: 06001
  • Census Tract: 423601
  • Parcel Number: 54-1709-9
  • Printed Neighborhood Rpt: Yes
  • Board ID: QUATTRO San Francisco
Multi Family Information
General Details
  • Some Units Have: Updated Baths, Other, Updated Kitchen
  • Units Total: 4
  • Basement: Other, Storage Area
  • Miscellaneous Features: Formal Entry
  • Parking Description: Parking Area
  • Separate Meters: Electric, Gas, Water
  • Existing Lease Terms: Month to Month, Year Lease
  • Tenant Pays: Electric, Gas, Water
  • Financial Data Source: Projected
  • Addl Property Description: On the College Avenue block in between Derby Street & Stuart Street.
Income / Expense Details
  • Annual Expense Year: 0
  • Annual Taxes $: $0
  • Annual Gross Fee Income: $160,566
  • Annual Gross Sched Income: $0
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $0
  • Gross Oper Income (Act): $0
  • Net Operating Income: $116,374
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maintance Expense: $0
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $44,192
  • Annual Utility Expense: $0
  • Annual Vacancy Expense: $0
  • Operating Expenses: Electric, Gas, Maintenance/Repair, Miscellaneous/Other, Property Tax/Assessments, Other, Utilities, Vacancy Factor, Water
  • Other Annual Expense: $0
Unit 1 Details
  • Occupied By 1: Tenant
  • Dining Room 1: Yes
  • Fireplace 1: Yes
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 1
  • Bathrooms 1: 1
  • Apx Sq Ft 1: 968
  • Rent 1: $1133.98
Unit 2 Details
  • Occupied By 2: Tenant
  • Dining Room 2: Yes
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 968
  • Rent 2: $3745
Unit 3 Details
  • Occupied By 3: Vacant
  • Dining Room 3: Yes
  • Fireplace 3: Yes
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 968
  • Rent 3: $4000
Unit 4 Details
  • Occupied By 4: Tenant
  • Dining Room 4: Yes
  • Refrigerator 4: Yes
  • Range/Oven 4: Yes
  • Bedrooms 4: 1
  • Bathrooms 4: 1
  • Apx Sq Ft 4: 968
  • Rent 4: $4295
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Other
  • Total Deposits: 0
Income / Expense Details
  • Gross Rent Multiplier: $0
Other Financial Information
  • Cap Rate: 0.0
Additional Information
Additional Information
  • Fireplace: No

Property History for 2720 College 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 2720 College Avenue

Taxable ValueLand$686,664Additions$1,622,616Total$2,309,280
Tax Record2023$35,311 ($2,943 / month)
Home Facts
Total Finished SqFt3,931 SqFtAbove Grade Finished SqFt3,931 SqFtStories2Lot Size7,400 SqFtStyleQuadraplexYear Built1924Year Renovated1936CountyALAMEDAAPN54-1709-9

Schools near 2720 College 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
John Muir Elementary School
PublicK to 5

Malcolm X Elementary School
PublicK to 5

Emerson 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 CBRE, Keith Manson, DRE #01490046

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.