1412 Ninth St
Berkeley, CA 94710
- – beds
- – baths
- – sqft
- 8,450 sqft lot
- 1958 build
- – on site
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.
Last checked:
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Last updated Mar 12, 2025
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MLS# 41087703 —
The Building
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Year Built:1958
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Construction Materials:Stucco
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Total Number Of Units:8
Location
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Directions:Google Maps Cross Street: Gilman Street.
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Latitude:37.87763500
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Longitude:-122.29758800
The Property
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Property Type:Residential Income
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Lot Features:Corner Lot
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Lot Size Area:8450.0000
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Lot Size Acres:0.1940
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Lot Size SqFt:8450.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:none
Heating & Cooling
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Heating:1
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Heating:Electric
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Cooling:Yes
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Cooling:None
Parking
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Parking Spaces:7.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/12/25
Mar 12, 2025
|
Price Changed | CRMLS_CA | $2,098,000 | -3.3% |
|
2/28/25
Feb 28, 2025
|
Listed / Active | CRMLS_CA | $2,170,000 | 449.4% (17.3% / YR) |
|
2/16/99
Feb 16, 1999
|
BRIDGE | $395,000 |
