
Berkeley, California 94702
This Turnkey Berkeley Triplex represents a High-Potential Investment Opportunity, listed at $1,650,000. While priced slightly above the $1,574,872 Fair Market Value, the property’s Turnkey Condition Rating and 2022 full-unit rebuild eliminate deferred maintenance costs. Featuring separately metered utilities and a vacant 4-bedroom unit, it offers immediate flexibility for Buy-and-Hold Investors or Owner-Occupants. Located near Top-Rated Schools like Albany High and Middle, this asset combines operational efficiency with high-demand rental appeal in a prime Berkeley location.
Property is new construction or fully renovated.
The property underwent substantial renovations with one unit fully rebuilt in 2022, meeting the <5-year renovation criteria. It features modern kitchens with granite countertops and stainless steel appliances, updated separately metered systems, and is described as having no deferred maintenance.
Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
Extensively renovated in 2022 with one unit fully rebuilt, the property features modern kitchens, granite countertops, and stainless steel appliances, ensuring no deferred maintenance for the buyer.
Rare for multi-family properties, all utilities—including water, gas, electric, and garbage—are separately metered, significantly reducing landlord overhead and simplifying management.
There is a notable discrepancy between the metadata listing of 2,908 square feet and the description's claim of 3,633 square feet, which may complicate appraisals and financing.
At a list price of $1.65 million, the property represents a significant capital investment that may result in tighter initial cap rates despite the premium Berkeley location.
www.1313curtis.com; Extra-large triplex in a prime North Berkeley location with strong current cash flow and excellent rental upside. The unit mix is ideal and features two 4bd/2bth two-story townhome units and one 3bd/1.5bth unit. One 4bd/2bth unit will be delivered vacant at closing making a perfect set-up for an owner-occupant or investor seeking max market rent. The property was originally built in 1950, offers approximately 3,633 square feet of rental space, and sits on a 7,190 square foot lot with a large backyard, two garages, and ample room for parking. The property is easy to manage and separate metering for water, electric, and gas with tenants paying all garbage expenses, resulting in low annual operating expenses. The units are large and remodeled with modern kitchens featuring granite countertops, stainless steel appliances, custom molding, wood floors, new carpet and new paint. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. The property is ideally located near many restaurants, coffee shops, and shopping options and is around the corner from Headlands Brewing, Berkeley Bagels, Praaw Thai, Coffee Conscious, and Kiku Sushi. The property is in close proximity to UC Berkeley, BART, and other forms of public transportation making this a high-demand location for tenants.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,908 | 2,392 |
| Lot Size | 7,190 | 5,520 |
| Price | $1.55M | $1.19M |
| Price per sq ft | $533 | $542 |
| Built year | 1950 | 1924 |
| HOA | $0 | $0 |
| Days on market | 52 | 48 |
Jun 26, 2026
$1,549,000
$1,650,000
-6% Price Drop
Initial Listing
May 31, 2026
$1,650,000
Initial Listing
Aug 10, 2001
$625,000
Public Record
Mar 5, 1998
$299,000
Public Record