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PENDING
2924 Florence St, Berkeley, CA 94705
--
bed
--
bath
· 5980
ft2 lot
$1,699,900
Listing provided courtesy of BING UDINSKY, BING REALTY.
Source CRMLS.
This property is a terrific owner occupied investment opportunity with one completely renovated unit, located in Berkeley's prestigious Elmwood neighborhood. This property is ten minutes walking distance from UC Berkeley campus, 15 minutes walk to Ashby BART, seven minute drive to Downtown Berkeley, which provides a selection of over 150 restaurants and bars, as the heart of Berkeley's diverse culture and nightlife. It is only one block away from Whole Foods, making grocery shopping a breeze. Easy walk to the Elmwood Shopping District with several great restaurants, shopping, and Wells Fargo Bank.  Alta Bates Hospital is around the corner of this property, which is perfect location for healthcare workers and professionals. The owners unit is newly renovated with brand new amenities, such as granite counter tops, washer-dryer, double door refrigerator, new marble floors, fresh high quality paint, marble fireplace, etc. The owner at 2941 Telegraph Ave has First Right of Refusal.
HOA
$—/month
On market
2 months
Year built
1928
Property type
Multi-Family
Parking
MLS
40938012
Price / Sq.Ft.
ft2
Status
Pending
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Based on a price of $1,699,900
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Negotiating Power:
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$8,500
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$6,470
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Dryer Included
•   
Laundry: 1
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Flooring
•   
Flooring: Wood, Tile
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Street
Lot Info
•   
Lot Features: Level with Street, Front Yard
•   
Lot Size Acres: 0.1400
•   
Lot Size Area: 5980.0000
•   
Lot Size Units: Square Feet
Building Info
•   
Roof: Tar/Gravel
•   
Construction Materials: Stucco, Wood Siding
Community Info
•   
Total Units: 4
Utilities & Other Information
Water & Sewer Info
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 66887.00
•   
Other Expense: 0.00
•   
Insurance Expense: 1700.00
•   
Professional Management Expense: 2000.00
•   
Gross Scheduled Income: 111276.00
•   
Operating Expense: 26926.00
Lease Info
•   
Net Operating Income: 72811.00
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 8841.0
Listing Info
•   
Status: Pending
School Neighborhood & Directions
Location
•   
Other Subdivision Name: ELMWOOD
•   
Subdivision: ELMWOOD
School Info
•   
Directions: Ashby and Florence Cross Street: ASHBY.
Other
Calculation
•   
Dom: 15
•   
Cdom: 15
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 23, 2021 5:10am
Neighborhood snapshot
22
Properties for sale
13
Median days on market
$758.65
Median sold price/sqft
112.00%
Sold/List %
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Property History
03/03/2021
03/03/2021
CRMLS #40938012
pending
CRMLS #40938012
$1,699,900
03/01/2021
03/01/2021
CRMLS #40938012
active
CRMLS #40938012
$1,699,900
--5.56%
02/16/2021
02/16/2021
CRMLS #40938012
active
CRMLS #40938012
$1,799,900
--7.70%
03/03/2020
03/03/2020
CRMLS #40897573
active
CRMLS #40897573
$1,950,000
+187.40%
01/10/1991
01/10/1991
Public Record
sold
Public Record
$678,500
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