1412 Ninth St

Berkeley, CA 94710

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 8450
    Sqft(Lot)
$2,098,000

Description

To access the marketing package copy/paste: https://bit.ly/kitehillre. nestled in the desirable gilman district of berkeley, 1412 ninth street is a well-maintained, 1958-vintage apartment building consisting of two fourplexes on a single lot. this property offers an ideal unit mix with (4) spacious 2-bedroom, 1-bath units and (4) cozy 1-bedroom, 1-bath units, providing a diverse and appealing living arrangement for tenants. on-site amenities include a coin-operated laundry facility, ample storage, and parking for up to 6 vehicles, ensuring convenience and comfort for residents. with a strong income potential, the property generates an average of over $1,900 per month per unit. there is also substantial upside in both gross rents, with a 20% potential increase, and net operating income (noi), which could rise by 30%. this makes 1412 ninth street a promising investment opportunity with plenty of room for growth in rental income. the property has been thoughtfully updated, with over half of the units featuring modern finishes. in addition, extensive capital improvements have been made, including updated bathrooms, new plumbing and electrical systems, roof replacements in 2012 and 2016, new energy-efficient windows, water heaters, and appliances.

  • Property Type

    Residential Income

  • County

    Alameda

  • Style

    Residential Income

  • AD ID

    48759570

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BuyOwner last updated this listing 03/29/2025 @ 06:29

  • MLS: 41087703
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 8,450 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Berkeley , in zip code 94710, this Alameda County Home , it is in the WEST BERKELEY Subdivision, are nearby neighborhoods.