834 Bancroft Way

Berkeley, CA 94710

$1,687,500
Last Sold Price
8
Beds
5
Baths
3,273 Sq. Ft.
$516 / Sq. Ft.
3,273
Sq. Ft.
$516
per Sq. Ft.

Description

At 3,273 sq.ft., Berkeley’s 834 Bancroft Way is a fourplex that’s sizable without being unmanageable—great news for any buyer interested in doing their own upkeep. Three of the four four units are currently tenant occupied and generate $11,934 in monthly income. However, one of the four units, a 3-bedroom 2-bath unit, shall be delivered vacant at the end of May, presenting an opportunity for a new tenant or owner-occupancy. The property comes with a host of amenities, including a spacious backyard...At 3,273 sq.ft., Berkeley’s 834 Bancroft Way is a fourplex that’s sizable without being unmanageable—great news for any buyer interested in doing their own upkeep. Three of the four four units are currently tenant occupied and generate $11,934 in monthly income. However, one of the four units, a 3-bedroom 2-bath unit, shall be delivered vacant at the end of May, presenting an opportunity for a new tenant or owner-occupancy. The property comes with a host of amenities, including a spacious backyard patio, laundry facilities, and onsite parking for one car per unit. Additionally, the property has been upgraded in numerous ways, such as an entire remodel for Unit B and spot upgrades for the remaining three units. Other upgrades include on-demand water heaters and a new roof installed in 2018. One more thing that’s worth mentioning about this fantastic investment opportunity? —834 Bancroft is next to major employers such as Bayer and Kaiser, ensuring any vacancy will be short lived. It’s also close to Fourth St shopping and popular eateries (including Tomate Café and Viks Chaat) and great public spaces (including Strawberry Creek Park and McLaughlin State Seashore).
  1. Listed by Joey Wang • DRE #01890931 • Keller Williams Realty

Property Details for 834 Bancroft Way

City
BERKELEY
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Off-Street Parking, Parking Area
Park Spaces Total
4

Location

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

Sold By Redfin, James Schalich, DRE #02050584

Add your commute
LISTING UPDATED: 05/23/2023 01:42 PM

Property Details for 834 Bancroft Way

StatusSold
MLS #41021690
Days on Compass47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1966
Lot Size0.11 AC / 4,600 SF
CountyAlameda County

Location

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

Sold By Redfin, James Schalich, DRE #02050584

Add your commute

Building Information for 834 Bancroft Way

Stories-Residences4Year Built1966Building Size-Lot Size0.11 AC / 4,600 SF

Payment Calculator

$10,967 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,209

Property Taxes

$1,758

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 834 Bancroft Way

Features
Feature Details
  • Flooring: Tile, Vinyl, Carpet
  • Laundry: Common Room, Dryer, In Laundry Room, Washer, Washer/Dryer Stacked Incl
Utility Details
  • Cooling: Ceiling Fan(s)
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Dryer, Washer, Water Heater Gas, Tankless Water Heater, Carbon Mon Detector, Smoke Detector, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Wood Frame, Wood Siding
  • Lot Description: Front Yard, Paved
  • Lot Sq Ft Apx: 4600
  • Lot Size Square Feet: 4600.0
  • Roof: Tar and Gravel, Flat
  • Sq Ft Apx: 3273
  • Yard Description: Fenced, Front Yard, Patio, Yard Space
  • Year Built: 1966
  • Acres: 0.11
Location Details
  • Directions to Property: Allston Way left to Sixth St left to Bancroft Way.
  • FIPS Code: 06001
  • Census Tract: 4232.00
  • Parcel Number: 56-1941-3-1
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Parking Description: Off Street Parking, Parking Area, Uncovered Parking Space, Uncovered Park Spaces 2+
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: Month to Month, Year Lease
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Estimated, Owner, Projected
Income / Expense Details
  • Annual Expense Year: 0
  • Annual Taxes $: $0
  • Annual Gross Fee Income: $0
  • Annual Gross Sched Income: $149,208
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $0
  • Gross Oper Income (Act): $0
  • Net Operating Income: $0
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maintance Expense: $0
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $0
  • Annual Utility Expense: $0
  • Annual Vacancy Expense: $0
  • Operating Expenses: Insurance, Maintenance/Repair, Property Tax/Assessments, Trash Removal, Water
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: A
  • Occupied By 1: Tenant
  • Bedrooms 1: 1
  • Bathrooms 1: 1
  • Apx Sq Ft 1: 572
  • Rent 1: 2224
Unit 2 Details
  • Unit #/Address - 2: B
  • Occupied By 2: Tenant
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 759
  • Rent 2: 3200
Unit 3 Details
  • Unit #/Address - 3: C
  • Occupied By 3: Tenant
  • Bedrooms 3: 2
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 758
  • Rent 3: 3060
Unit 4 Details
  • Unit #/Address - 4: D
  • Occupied By 4: Vacant
  • Bedrooms 4: 3
  • Bathrooms 4: 2
  • Apx Sq Ft 4: 905
  • Rent 4: 3700est
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
  • Total Deposits: 0
Additional Information
Additional Information
  • Fireplace: No

Property History for 834 Bancroft Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 834 Bancroft Way

Taxable ValueLand$319,514Additions$745,533Total$1,065,047
Tax Record2023$21,096 ($1,758 / month)
Home Facts
Total Finished SqFt3,273 SqFtAbove Grade Finished SqFt3,273 SqFtStories2Lot Size4,600 SqFtStyleQuadraplexYear Built1966CountyALAMEDAAPN56-1941-3-1

Schools near 834 Bancroft Way

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
Ruth Acty Elementary
PublicK to 5

Berkeley Arts Magnet at Whittier School
PublicK to 5

Thousand Oaks 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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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. 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.