$1,198,000
Opportunity shows up in a few different ways here, and this Bushrod triplex delivers on all of them. Set right on the Berkeley border and minutes from Rockridge, this well-located Mid-Century property offers the rare combination of strong in-place income and immediate flexibility, with two of the three units delivered vacant. Whether you’re looking to owner-occupy, invest, or reposition, the path is already in place. The building totals 2296 square feet across three spacious units that feel more like townhomes than typical apartments. Unit A: 2BD/1BA (tenant occupied, steady income); Unit B: 2BD/1BA (vacant, townhouse-style with living space below and bedrooms above); Unit C: 1BD/1BA (vacant). Each unit includes its own dedicated off-street parking space, with two covered carports, and all units benefit from large closets and comfortable layouts. Practical features add to the appeal: a shared laundry room, adjacent storage room, and separate gas and electric meters (with one water meter for the building). Rental rates are currently at market, offering a strong baseline with room to optimize. Outdoor space is another standout. The property includes both front and rear yards, with a generously sized backyard that invites possibilities, whether for tenant enjoyment, additional amenities, or future expansion. There is also potential for ADU development, through conversion, expansion, or a detached structure, subject to buyer investigation. Location ties everything together. You’re in the heart of Bushrod, with quick access to Temescal, Rockridge, Berkeley, and Downtown Oakland. Ashby BART is just minutes away, along with Transbay bus lines, Emery-Go-Round, and neighborhood shops, cafés, and parks. This is a property that works today and offers clear upside for tomorrow.
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Listed by David Gunderman with KW Advisors East Bay (510) 775-1079
Property Type
Triplex
Status
Active
MLS Number
41133841
Year Built
1961
Lot Size
4,151 sq ft