2252 Parker Street
Berkeley, CA 94704
- 24 beds
- – baths
- 10,449 sqft
- 6,560 sqft lot
- $406 per sqft
- 1970 build
- – on site
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2252 Parker Street is a 12-unit apartment building centrally located in South Berkeley, just six blocks from The University of California, Berkeley, the number one public university in the world. Delivered to investors and 1031 exchange buyers, this asset features 12 X two-bedroom, one-bathroom units. Built in 1970, the 10,449 sq. ft., four story structure is situated near the corner of Parker Street and Ellsworth Street on a 6,559 sq. ft. lot. The property features a secured parking garage containing 12 parking spaces, most of which are covered, and an on-site, coin operated laundry facility. The current in place rent is roughly 38% below market rate and provides the opportunity to increase the net operating income by nearly 105% by stabilizing the asset over the long-term.
Last checked:
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Last updated Oct 11, 2024
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MLS# 483753 —
The Building
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Year Built:1970
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Construction Materials:Frame
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Stories:4
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Roof:Tar/Gravel
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Basement:None
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Foundation Details:Concrete
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Building Features:Elevator-Passenger
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Security Features:Fire Alarm
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Window Features:Screens, Dual Pane
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Patio And Porch Features:Patio
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Building Area Total:10449
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Building Area Units:Square Feet
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Building Area Source:Assessor Agent-Fill
Interior
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Interior Features:Formal Entry
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Flooring:Carpet
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Laundry Features:Coin Operated
Room Dimensions
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Living Area:10449
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Living Area Units:Square Feet
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Living Area Source:Assessor Agent-Fill
Location
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Directions:Corner of Parker and Ellsworth
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Cross Street:Ellsworth
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Latitude:37.8669
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Longitude:-122.2616
The Property
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Parcel Number:55182834
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Property Type:Residential Income
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Property Subtype:Commercial
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Lot Size Area:6560.136
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Lot Size Acres:0.1506
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Lot Size Square Feet:6560.136
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Lot Size Units:Square Feet
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View:Bay
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Zoning:R-2A
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Other Equipment:Intercom
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:24
Heating & Cooling
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Heating:Gas
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Heating:true
Utilities
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Gas:Separate Meter
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Electric:Separate Meter
Appliances
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Appliances:Disposal
The Community
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Association:false
Parking
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Garage:true
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Carport:false
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Parking Total:12
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Parking Features:Garage
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Open Parking:false
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 |
---|---|---|---|---|
8/21/19
Aug 21, 2019
|
Sold | SFMLS | $4,250,000 |