Under Contract

Listed by Aurora Raybin from Compass

Source: Bay Area Real Estate Information Services, Inc. #326060445

1614 Russell Street, Berkeley, CA, 94703

$1,195,000

3107 sq. ft.
6992 sq. ft.

MultiFam

•

30+ days on the market

What's around 1614 Russell Street

About this property

Three separate buildings! Five legal units. Two in need of serious remodeling. Huge gardens. Three staged residential units PLUS one high-ceiling commercial building shell, and a beautiful gutted attic apartment with views of the Berkeley Hills. The five legal units total just over 3000 square feet across three buildings. This is an ideal value-add opportunity for those looking for a large scale renovation project in a desirable area. The original 1905 home was long ago divided into three units: two side-by-side one-bedroom, one-bath units on the lower floor that share the front yard, covered porch, and backyard access. An exterior staircase leads to the third unit carved out of the original home: a sunny attic unit with post renovation potential as an open-concept loft with views, or a small two bedroom footprint with dormers and structural changes to the roofline. A standalone, two-story, two-bedroom tiny cottage with its own private porch offers another flexible space with potential for gated outdoor space. The commercially zoned streetfront space has a distinctive presence and footprint unlike anything else on the block, presenting many possibilities for a workspace, art studio, or potential residential conversion, subject to city review. Set on nearly a 7,000-sq-ft lot, five legal units and a lush backyard sit on a bicycle route, offering easy access to downtown, the BART station, or UC Berkeley. Don't miss this blank canvas for renovation and development! A separate new ADU or additional units may be possible, subject to city approval.

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