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Sold on 01/12/2020

968 Addison St, Berkeley, CA 94710

  • $4,045,000

    Last sold 01/12/2020 after 207 Days

  • —

    bed

  • —

    bath

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About 968 Addison St

Property type House
Neighborhood
Year built 1943
HOA fee $0/month
Lot size 0.46 Acre
Rental estimate
Property description
Over 8% Cap Rate on Market Rents! 4.7% Cap Rate Day 1! 18 units in West Berkeley with huge upside potential. Situated on nearly half an acre and with one to one parking, this property offers tremendous intrinsic value with long term development potential. 968 Addison Street consists of twelve (12) 1-bed 1-bath units and six (6) 2-bed 1-bath units. Six of the units have recently been fully remodeled all the way down to the studs. With a market cap rate of over 8%, this building provides long term upside fo
Listed by
Listing Agent - GRANT
Listing Office - JOSEPH M. TAPIA, BROKER
Source: San Diego MLS mls logo
MLS#40870749 • last updated 6 years ago
Movoto checked San Diego MLS for data 30 minutes ago
Overview
Cooling/AC N/K
Status SOLD
SubType Res Income 2-4 Units
MLS # 40870749
Lot Size (SqFt) 20000
Year Built 1943
Location
County Alameda
Directions BTWN Eighth & Ninth St Cross Street: Eighth St.
Multifamily Details
Tenant Pays Gas/Propane
Total # of Units 18
Gross Scheduled Income 999
We are not permitted to show value estimates for this property.
  • Mar 2020
    mls logo MLS # 40870749
  • Mar 24, 2020 Sold
    $4,045,000 (+0.1%)
  • Nov 25, 2019 Pending
    —
  • Jun 19, 2019 Listed
    $4,250,000 (-10.5%)
  • Jan 2020
    Public Records
  • Jan 22, 2020 Sold
    $4,040,000 (-4.9%)
  • Feb 2019
    mls logo MLS # 40851895
  • Feb 1, 2019 Listed
    $4,750,000 (+87.4%)
  • Jul 2015
    Public Records
  • Jul 2, 2015 Sold
    $2,535,000 (+62.0%)
  • Jan 2009
    Public Records
  • Jan 29, 2009 Sold
    $1,565,000
  • Year Property taxes Tax assessment
  • 2024
    $73,095 +2.2%
    $4,321,997
  • 2023
    $71,517 +2.0%
    $4,321,997 +2.0%
  • 2022
    $70,094 -0.1%
    $4,237,266 +4.04%
  • 2021
    $70,160 +39.4%
    $4,072,761 +48.42%
  • 2020
    $50,345
    $2,744,092
  • 968 Addison St
    $4.04M
  • West Berkeley
    $924K -5% y/y
  • 94710
    $879K -1% y/y
  • Berkeley
    $998K 0% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
2101 8th St, Berkeley, CA 94710 $846,000 1/1 825 0.01
2105 8th St, Berkeley, CA 94710 $804,000 1/1 825 0.01
2109 8th St, Berkeley, CA 94710 $1,247,000 2/1 1,020 0.02
939 Addison St, Berkeley, CA 94710 $1,186,000 4/2 1,946 0.03
2028 9th St, Berkeley, CA 94710 $1,183,000 2/2 2,640 0.03
2115 8th St, Berkeley, CA 94710 $1,212,000 2/1 1,188 0.04
2114 9th St, Berkeley, CA 94710 $847,000 2/1 1,075 0.05
2118 9th St, Berkeley, CA 94710 $993,000 3/2 991 0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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8/10
Rosa Parks Environmental Science Magnet School
public Grades K-5
Berkeley Unified School District
9/10
Ruth Acty Elementary
public Grades K-5
Berkeley Unified School District
9/10
Berkeley Arts Magnet at Whittier School
public Grades K-5
Berkeley Unified School District
7/10
Martin Luther King Middle School
public Grades 6-8
Berkeley Unified School District
8/10
Berkeley High School
public Grades 9-12
Berkeley Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 968 Addison St
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