1628 Fairview St, Berkeley, CA 94703

Property Description

1628 Fairview Street (5 - 1BR/1BA units) is more than a beautiful Victorian multifamily—it’s a rare opportunity for an investor like you to own a cash-generating property ($127K at current rents) that requires no major upgrades. The old brick foundation?—Replaced with poured concrete. The damaged woodwork along the trim and deck?—Refreshed and revitalized. The old roof?—Replaced in 2015. In other words, this will be a turnkey purchase for whoever is lucky enough to get their offer accepted. Physical amenities aside, what makes 1628 Fairview St. a great buying opportunity is its location between South Berkeley and Bushrod. Not only is it close to all the hustle and bustle of Shattuck, Telegraph, and College Avenues, but it’s also right by BART (Ashby station), multiple public parks, and it’s less than two miles from the UC Berkeley Campus. Other considerations worth noting: all units separately metered for gas and electric, onsite laundry facilities, and the sewer lateral is compliant.