1226 Russell Street, Berkeley, California 94702, Berkeley, - bed, bath

home-pic
ACTIVE$1,299,000
1226 Russell Street, Berkeley, California 94702
6Beds
3Baths
2,088Sqft
3,040Lot
Year Built
1918
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41093903
Home ConditionFair
Features
Deck
Patio
View-

About this home

Welcome to 1226 Russell Street, a charming triplex nestled in the heart of South Berkeley. This delightful property offers a perfect blend of character and convenience, situated just one block from San Pablo Park and close to Berkeley Bowl, restaurants, shops, and public transit, this triplex offers both charm and accessibility. Whether you're an investor seeking a well-maintained property with steady rental income or a homeowner interested in living in one unit and renting out the others, 1226 Russell Street offers a unique opportunity. Recent upgrades include a newer roof, a tankless water heater, and maintenance improvements throughout the property. Tenants enjoy access to a shared outdoor patio area and dedicated storage sheds. Off-street parking adds extra convenience. Don’t miss the chance to own a well-cared-for income property in one of Berkeley’s most desirable neighborhoods. Call for schedule appt to view - must have 24 hour notice. BY APPOINTMENT ONLY!

Price History

Date
Event
Price
04/18/25
Listing
$1,299,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (54 Listings)
Beds63
95%
Baths32
76%
Square foot2,0881,358
87%
Lot Size3,0403,900
20%
Price$1.3M$1.35M
44%
Price per square foot$622$982
9%
Built year19181925
25%
HOA
Days on market201161
80%
Condition Rating
Fair

Built in 1918, this triplex shows good maintenance with recent system upgrades like a newer roof and tankless water heater. However, the interior, particularly the kitchens and bathrooms, feature older white appliances, basic wood cabinetry, speckled countertops, and simple fixtures, indicating that any significant renovations are likely 15-30 years old or were very basic. While clean and functional, the aesthetic elements are outdated, aligning with a 'Fair' condition where major components are functional but show signs of being outdated, and the home is aged but maintained through regular upkeep.
Pros & Cons

Pros

Income-Generating Triplex: The property is a charming triplex, offering significant investment potential with steady rental income or the flexibility for owner-occupancy with rental offset.
Prime Urban Location: Nestled in the heart of South Berkeley, it boasts exceptional walkability and access to San Pablo Park, Berkeley Bowl, diverse restaurants, shops, and public transit.
Recent Key Upgrades: Recent improvements, including a newer roof and a tankless water heater, reduce immediate capital expenditure and maintenance concerns for a new owner.
Valuable Off-Street Parking: The inclusion of off-street parking is a significant convenience and highly desirable amenity in a dense urban area like Berkeley.
Tenant-Friendly Amenities: Shared outdoor patio and dedicated storage sheds enhance tenant appeal and retention, contributing to the property's rental marketability.

Cons

Historic Property Age: Built in 1918, the property's age, despite recent upgrades, may still imply potential for ongoing maintenance or systems not explicitly mentioned as updated.
Showing Restrictions: The requirement for 24-hour notice and appointment-only viewings due to tenant occupancy can limit showing flexibility and potentially prolong the sales process.
Compact Lot Size: The 3,040 sqft lot is relatively small for a multi-unit property, potentially limiting private outdoor space per unit or future expansion opportunities.

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