1412 Ninth St, Berkeley, CA 94710
-
Listed Price :
$2,170,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1958
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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
| Heating Type |
Electric |
Listing Information
| Address |
1412 Ninth St |
| City |
Berkeley |
| State |
CA |
| Zip |
94710 |
| County |
Alameda |
| Listing Agent |
Jatin Mehta DRE #02045713 |
| Courtesy Of |
Real Brokerage Technologies |
| List Price |
$2,170,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
8,450 |
| Year Built |
1958 |
Listing information courtesy of: Jatin Mehta, Real Brokerage Technologies. *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.
