1412 Ninth St

Berkeley, CA 94710

$2,170,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1958

calendar_month Built

Open Houses

Next available: Saturday, March 8th, 2025 12:00 pm - 1:30 pm • Info

Save to Open House Schedule

calendar_month Tuesday, March 11th, 2025 • Info

1:30 pm - 3:00 pm • Save to Open House Schedule

calendar_month Saturday, March 15th, 2025 • Info

12:00 pm - 1:30 pm • Save to Open House Schedule

calendar_month Tuesday, March 18th, 2025 • Info

1:30 pm - 3:00 pm • Save to Open House Schedule

Property 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.

Listing Information

List Price $2,170,000
Status Active
MLS 41087703
HOA $0
Type Residential Income
Year Built 1958
Lot Size 8,450
Structure Size N/A
DOM 3
Courtesy Of Real Brokerage Technologies
Listing Agent Jatin Mehta DRE#02045713

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None
Heating Type
Heating Type Electric

Maps

home_work Nearby Properties

Listing information courtesy of: Jatin Mehta, Real Brokerage Technologies 949-929-9562. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 3rd, 2025 at 7:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.