SOLD 12/11/2023
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Commercial sold for $1,450,000 in 209 days
1525 Derby St Berkeley, CA, 94703
Off the market Other
REDUCED PRICE 9/20 to $1,479,000! $147,024 Annual Income with stable tenants at or close to market rent. Building consists of (6) 1bedroom1/bathroom units. GREAT South/Central Berkeley Location. Very Easy to Manage, Alarm & Fire System, Individual Parking Spaces. One Unit VACANT, all other Tenants are Section 8. 2023 Rent Increases can be Issued to Most Tenants - Market 7.7% CAP! Motivated Seller!!!
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Property details
3,515 sqft interior area
Land area
6,630 sqft (0.15 acres)
Address
1525 Derby St, Berkeley, CA, 94703
City of California
Berkeley
County
Alameda
Year Built
1910
District
Listing
Nearby major retailers
Costco
7-Eleven
MetroPCS
Whole Foods Market
Trader Joe's
Pet Food Express
Marshalls
Petco
Apple Store
Ross
Public Storage
Verizon Wireless
Supercuts
T-Mobile
AT&T
Safeway
O'Reilly Auto Parts
See's Candies
GNC
CVS Pharmacy
AutoZone
Chevron Food Mart
Shell
Dollar Tree
Amazon 4-star
Pet food express
Nordstrom
GameStop
The Home Depot
Toyota
O'Reilly auto parts
Wholesale: 1
Convenience: 14
Mobile phone: 18
Supermarket: 14
Pet: 7
Department store: 5
Electronics: 2
Storage rental: 1
Hairdresser: 3
Car parts: 3
Confectionery: 2
Nutrition supplements: 2
Chemist: 2
Variety store: 1
Video games: 1
Do it yourself: 1
Car repair: 1
Car: 1
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Interior Features
—
Garage & Parking
Parking Lot
Listed by
Neel Bhatia, Coldwell Banker Realty
Name
Neel Bhatia
License number
01464424
Brokerage company
Coldwell Banker Realty
MLS #
ML81928592
Buyer agent
Brokerage company
COMPASS
Payment calculator
Calculate your monthly payments
Mortgage
$4,452
Taxes
$0
HOA dues
$0
Mortgage
$290,000 / 20%
2.28%
30 years
Your amount
$4,452 / month
Lot details
TMK #0541802011
Parcel nr.
0541802011
94703 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94703
39%
Families with children
National average: 39%
52%
Non family households
251,930
Population
$139,854
Average Income
Age & gender
Median age 37 years
More info
Commute types
50% commute by car
More info
Education level
34% have bachelor education
More info
Number of employees
3% work in management
More info
Vehicles available
47% have 1 vehicle
More info
Vehicles by gender
47% have 1 vehicle
More info
Housing market insights for
$1.3m
Neighborhood average
sales price*
sales price*
$1.16m
Neighborhood median
sales price*
sales price*
530
Number
of sales*
of sales*
Housing type
37% are single detacheds
More info
Rooms
34% of the houses have 4 or 5 rooms
More info
Bedrooms
53% have 2 or 3 bedrooms
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Owners vs Renters
55% are renters
More info
12.5 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Dec 11, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Dec 11, 2023 | Sold | $1,450,000 | 0 | Public Record |
| Dec 11, 2023 | Price Decrease | $1,450,000 -1.96% | 0 | MLS #ML81928592 |
| Oct 27, 2023 | Pending | $1,479,000 | 0 | MLS #ML81928592 |
| Oct 27, 2023 | Price Decrease | $1,479,000 -1.33% | 0 | MLS #ML81928592 |
| Sep 6, 2023 | For sale | $1,499,000 | 0 | MLS #ML81928592 |
| Sep 5, 2023 | Unavailable | $1,499,000 | 0 | MLS #ML81928592 |
| Aug 16, 2023 | Price Decrease | $1,499,000 -3.29% | 0 | MLS #ML81928592 |
| May 17, 2023 | New Listing | $1,550,000 | 0 | MLS #ML81928592 |
Taxes of 1525 Derby St, Berkeley, CA, 94703
R2 zoning / MLS #ML81928592
Zoning
R2
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Frequently Asked Questions about 1525 Derby St
What is 1525 Derby St?
1525 Derby St is a Commercial/Industrial propertywith 3,515 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1525 Derby St, Berkeley, CA, 94703.
What comparable properties are nearby?
Comparable nearby commercial properties include 1331 Ashby Ave, 2575 San Pablo Ave, 2435 9th St, 1763 Alcatraz Ave, 2035 9th St, 2628 Telegraph Ave.
Based on information from the bridgeMLS as of 05-03-2024. 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.
Listing last updated on: Dec 12, 2023
Verhouse Last checked 1 minute ago
The closest grocery stores are Berkeley Bowl, 0.66 miles away and Berkeley Bowl West, 0.73 miles away.
The 94703 zip area has a population of 251,930, and 39% of the families have children. The median age is 37.41 years and 50% commute by car. The most popular housing type is "single detached" and 55% is renter.
