1739 Spruce Street Berkeley, CA $ 8,380,000
1739 Spruce Street
$ 8,380,000
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1739 Spruce Street

Berkeley, CA, 94709
$ 8,380,000
Bedrooms16 Baths5.0 Sq 9,194

Monthly Estimate*

$ 58,537

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Commercial Property for sale in Berkeley, CA

for $8,380,000 with 16 bedrooms and 5 full baths. This 9,194 square foot building was built in 1938 on a lot size of 0.430441.

An incomparable complex, less than a block to the Northside of the prestigious UC campus! Built in the late 1930’s by Irwin M. Johnson, these elegant stucco buildings are smartly sited around a garden lot of just under 1/2 acre, offering unique views of the Bay or campus. Each unit lives like a SFR with hardwood floors, gracious living rooms with fireplaces, own laundry; 4 units occupy 2 stories, with gracious stairs. All buildings have cedar shake roofs. Electrical service has been upgraded, and each unit has separately metered utilities. Each unit is spacious, occupying between approximately 1300 and 1500 square feet, and most are being used as 3 bedrooms. There is one even-larger unit, occupying over 1600 sq. ft., being used as a 4-bedroom. Four units have add'l half-bath. Long history of low vacancy and high rental rates. With a WalkScore of 90, this location is considered A Walker’s Paradise, 1/2 mile south to downtown and BART/Arts district, or north to Shattuck/Gourmet district. In 24 years since I sold it to the seller, nothing has compared to this complex. So beautiful and so close to campus, with wonderfully high rents!

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Commercial Active

Price

$ 8,380,000

Bedrooms

16

Full Bath

5

Property Type

Commercial

Taxes

$ 0

Style

5 or More Units

Lot Size

0.430441

Year Built

1938

Town/City

Berkeley

County/Region

Alameda

MLS | Web ID

41045284

Features
General
Interior Features Updated Kitchen Storage
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling None
Utilities Wired For Cable TV All Public Utilities Natural Gas Connected Individual Electric Meter Individual Gas Meter
Roof Shake
Appliances Free-Standing Range Refrigerator Dryer Washer Gas Water Heater
Exterior Features Garden
Construction Materials Siding - Stucco
Year Built 1938
View Bay Mt Diablo Other
Property SubType 5 or More Units
County Alameda
Property Type Commercial Sale
HOA / Comm Assn Y
Energy Efficient None
Subdivision Name Northside
Garage Y/N Yes
Status Active
Directions above Shattuck near Virginia
City Berkeley
MLS Area Listing
Lot Size Square Feet 18750
Street Name Spruce Street
Standard Status Active
Virtual Tour http://spruce-six-plex.com
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Interior
Flooring Hardwood Tile
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
Laundry Features Laundry Closet In Garage Laundry Room Laundry Equip - Owned Washer Space For Frzr/Refr
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Exterior
Parking Features Attached Detached Garage
Lot Features Premium Lot Garden Landscape Front Street Light(s)
Water Source Public
Lot Size Area 18750
Lot Size Acres 0.43
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* Excluded Features
List By
Arlene Baxter

Listing Agent

Red Oak Realty

Broker

eastbay.bungalows@gmail.com

Email

Affordability Calculator

$58,537
Per Month
100%
0%
0%
Monthly Principal & Interest
$58,537
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2023$8,380,000 -90.00% Price Down
12/1/2023$83,800,000 Listed Price

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1739 Spruce Street, Berkeley, CA, 94709 is a Commercial Property for sale at $8,380,000 with 9,194 sqft and a lot size of 0.430441. 1739 Spruce Street has 16 bedrooms, 5.0 baths, and was built in 1938. The property's zip code is 94709 which is in Berkeley, CA