1716 Rose St, Berkeley, CA 94703-1013

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Property Description

Property Tour: Tues, 11/12: 1PM - 2:30PM. Welcome to 1716 Rose St, a versatile and well-appointed property in the heart of North Berkeley. This multifaceted building offers an array of living options, including a spacious 2-bedroom, 1-bath unit that can be converted into a 4-bedroom residence, two charming 1-bedroom, 1-bath units with high ceilings, and two large 3-bedroom, 2-bath units. With over 4,251 square feet of total living space, each unit averages 850 square feet, providing ample room for comfortable, modern living. The on-site shared laundry facilities add convenience and appeal, making it an attractive option for both tenants and owner-occupiers. This property is an ideal turnkey investment opportunity. Historically a successful medium-term rental, 1716 Rose St is being sold fully furnished, allowing investors to step into immediate cash flow with nearly $20,000 per month in gross income. Its meticulously maintained condition, thanks to consistent rental demand, ensures a hassle-free purchase with strong in-place cash flow. Moreover, with all units potentially vacant upon sale, owner-occupiers have the rare chance to personalize their living space or handpick tenants to suit their needs. All units can be delivered VACANT.


Interior Features

Bedroom Information
Bedrooms N/A
Flooring Information
Material Wood

Listing Information

Address 1716 Rose St
City Berkeley
State CA
Zip 94703-1013
County Alameda
Listing Agent Jatin Mehta DRE #02045713
Courtesy Of Pellego
List Price $2,398,000
Status Active
Type Residential Income
Subtype Triplex
Structure Size N/A
Lot Size 7,035
Year Built 1963

Listing information courtesy of: Jatin Mehta, Pellego. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 9th, 2024 at 4:03 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.