1614 Alcatraz Avenue

Berkeley CA 94703

2738 sq. ft.

6489 sq. ft.

Duplex

Last sold for $911,000

Grant Chappell, last sold this property on 11 May 2023 after 238 days on market.

Overview

Looking for a turn-key asset with minimal operating expenses and massive long term upside with a large lot primed for an ADU? 1614 Alcatraz is the property for you! New and improved price, 1614 Alcatraz is a classic urban four-plex nestled in a prime South Berkeley location between Adeline and Sacramento Street. The property consists of four units total with an ideal unit mix of one 2-bedroom apartment and three 1-bedroom apartments. The property is individually metered for electricity/ gas and features a large rear parking lot with 1:1 parking and even room for a possible ADU. This is an excellent opportunity to acquire a fully occupied residential asset in an A+ South Berkeley location and take advantage of attractive residential financing.

Features

2738 sq. ft. floor area

6489 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Berkeley over the last 12 months, the estimated median property value of 1614 Alcatraz Avenue is $1.17m.

Median value

$1.17m

Estimated value range

$1k - $2.29m

Median days on market

Estimated value trend

-13%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Berkeley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1614 Alcatraz Avenue

2023

Sold

$911,000

11 May 2023 by Grant Chappell, of NAI NORTHERN CALIFORNIA

2014

Sold

$660,000

30 Dec 2014 by Candice Economides, of The Grubb Co. Inc.

Happy sellers in Berkeley

We have insufficient information to provide an overview of customer satisfaction for Berkeley. Viewing the agent profiles, reviews and sales for Berkeley can provide insights for this location.