2832 Derby St, Berkeley, CA

$1,798,000

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8

Beds

3,292

Square feet

0.11

Acres

About 2832 Derby St

Introducing the "Crew House," a stunning 3-unit property built in 1920, located on Derby St near Piedmont Ave. This pride-of-ownership triplex spans 3,292 sq. ft. on a 4,794 sq. ft. lot, combining historic charm with modern convenience. The property features a studio unit and two spacious four-bedroom, one-bath units, each averaging nearly 1,400 sq. ft. All units will be delivered vacant, allowing new owners to select tenants and set market rents. Each unit is individually metered for gas and electricity, ensuring efficient utility management. Ideal for CAL students, the "Crew House" has a history of being rented to members of the women's crew team, making it a high-demand property. Fully occupied, the building has the potential to generate over $14,000 per month and $175,000 annually (buyer to verify). Tenants will appreciate the beautifully landscaped backyard, ample storage, and a bike rack for 8 bikes. Additionally, there is a value-add opportunity to convert the attic space in unit 2832 into additional bedrooms. The property offers onsite parking and laundry facilities, enhancing tenant comfort. Its prime location provides easy access to College Ave and Telegraph Ave, with numerous bars, cafes, and

Features of 2832 Derby St

MLS® # 41063210
Price $1,798,000
Bedrooms 8
Bathrooms 0.00
Square Footage 3,292
Acres 0.11
Year Built 1905
Type Residential Income
Sub-Type Triplex
Status Pending

Community Information

Address 2832 Derby St
Area Listing
Subdivision ELMWOOD
City Berkeley
County Alameda
State CA
Zip Code 94705

Amenities

Utilities Individual Electric Meter, Individual Gas Meter
Parking Spaces 2
Parking Off Street, Tandem
Is Waterfront No
Has Pool No

Interior

Interior Features Storage
Heating Natural Gas
Cooling Ceiling Fan(s)
Fireplace No

Exterior

Exterior Features Back Yard, Garden/Play, Sprinklers Automatic, Sprinklers Back, Storage, Garden, Landscape Back, Landscape Front, Low Maintenance
Lot Description Regular, Paved
Construction Wood

Additional Information

Date Listed June 13th, 2024
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJatin Mehta
OfficePellego

Listing Map

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