
Berkeley, California 94702
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,250,000—positioned well below the $1,311,929 Fair Market Value by 4%. This valuation gap offers $61,929 in Instant Equity. Featuring a 2024 Permitted ADU with modern systems and a Condition Rating of 2, the property provides immediate rental upside. Its Prime Transit Location across from North Berkeley BART ensures long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1709 Sacramento St Subject 0 bd · 0 ba · 1,920 sqft · $683 | $1,250,000* List Price | 0 | 0 | 1,920 | $683 | - |
A 1152 1156 Francisco St Sold 0 bd · 0 ba · 1,957 sqft · $646 · 0.5 mi | $1,265,000 | 0 | 0 | 1,957 | $646 | 0.5 mi |
B 1152 Francisco St Sold 0 bd · 0 ba · 1,957 sqft · $646 · 0.5 mi | $1,265,000 | 0 | 0 | 1,957 | $646 | 0.5 mi |
C 1308 Delaware St Sold 0 bd · 0 ba · 1,696 sqft · $837 · 0.3 mi | $1,420,000 | 0 | 0 | 1,696 | $837 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand-new 2024 permitted ADU which includes a modern induction kitchen, new bathrooms, and high-end systems such as a heat pump and solar panels. While the original structure dates to 1925, the addition of a completely new, mint-condition unit with contemporary finishes and updated utilities meets the criteria for recent major renovation and excellent overall condition.
Situated directly across from the North Berkeley BART station, the property offers unparalleled commuter access, ensuring high tenant demand and long-term desirability.
The newly permitted 2024 ADU features contemporary upgrades including solar, a heat pump, and induction cooking, and is delivered vacant for immediate owner-occupancy or market-rate leasing.
As a triplex on a large 7,130 SF lot, the property qualifies for standard one-to-four-unit residential loans, providing easier financing terms for an asset with a strong 4.4% cap rate.
With two of the three units currently occupied, immediate rental upside is limited by existing lease terms and local rent control regulations until natural turnover occurs.
The 1925 Craftsman duplex may require higher ongoing maintenance and capital expenditures for its aging systems compared to the newly constructed ADU.
Across the street from North Berkeley BART: three units on a 7,130 SF lot. 1709 Sacramento St pairs a 1925 Craftsman duplex with a permitted 2024 ADU. The ADU offers 3 bed, 2 bath and 993 SF, delivered vacant, with heat pump, solar, induction kitchen, and in-unit laundry. Live in it or lease it at market; at three units, the purchase fits a one-to-four-unit residential loan. Up front, a 3 bed, 2 bath Craftsman unit and an upper-level studio, both occupied. Estimated current income $98,748; 4.4% cap rate, 12.7 GRM; $110,400 at market rents as units turn over. Offered at $1,250,000 ($416,667/unit, $429/SF). Contact LORE Multifamily for the offering package and showing times.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,920 | 2,492.071 |
| Lot Size | 7,130 | 4,591.214 |
| Price | $1.25M | $1.08M |
| Price per sq ft | $651 | $463 |
| Built year | 1925 | 1931 |
| HOA | $0 | $0 |
| Days on market | 4 | 147 |
Oct 20, 2026
$1,250,000
Initial Listing