1819 Carleton Street, Berkeley, California 94703, Berkeley, - bed, bath

home-pic
ACTIVE$1,540,000
1819 Carleton Street, Berkeley, California 94703
0Bed
0Bath
2,960Sqft
4,515Lot
Year Built
1963
Close
-
List price
$1.54M
Original List price
$1.6M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82000696
Home ConditionFair
Features
View-

About this home

Prime Multifamily Investment Opportunity in the Heart of Berkeley! This versatile triplex offers incredible income potential and is perfectly situated in central Berkeley, short distant from San Pablo Park and UC Berkeley. The property features three units all with individual washer/dryer in units. Front House is a 3 bedrooms, 2.5 bathrooms (a two-story single family like with a master suite). Both upper/lower units have 2 bedrooms, 1 bathroom, a comfortable living room, and a functional kitchen. The spacious backyard shares a common area for tenants and additional storage. Located near shops and restaurants, Berkeley Bowl, Ashby BART station, the SF Bay Bridge, Emeryville, this property is in a prime location for both investors and residents create an attractive investment opportunity for its upside potential for strong positive cash flow with endless possibilities and the potential for increased rental income, this is an opportunity you don't want to miss!

Nearby schools

7/10
Washington Elementary School
Public,K-50.4mi
6/10
Malcolm X Elementary School
Public,K-50.6mi
6/10
Leconte Elementary School
Public,K-50.6mi
1/10
Sankofa Academy
Public,PK-51.0mi
8/10
Peralta Elementary School
Public,K-51.1mi
7/10
Emerson Elementary School
Public,K-51.2mi
6/10
John Muir Elementary School
Public,K-51.5mi
5/10
Oxford Elementary School
Public,K-51.9mi
7/10
Cragmont Elementary School
Public,K-52.3mi
8/10
Willard Middle School
Public,6-80.8mi
7/10
Martin Luther King Middle School
Public,6-81.4mi
6/10
Claremont Middle School
Public,6-81.5mi
8/10
Berkeley High School
Public,9-120.6mi
2/10
Oakland International High School
Public,9-122.0mi
7/10
Oakland Technical High School
Public,9-122.3mi
2/10
Fremont High
Public,9-126.9mi

Price History

Date
Event
Price
09/08/25
Price Change
$1,540,000
04/02/25
Listing
$1,600,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (7 Listings)
Beds00
Baths00
Square foot2,9600
0%
Lot Size4,5155,112
38%
Price$1.54M$1.27M
63%
Price per square foot$520$0
88%
Built year19639565963
88%
HOA
Days on market216177
75%
Condition Rating
Fair

Built in 1963, this triplex shows its age. While the bathroom has some updated fixtures like the vanity and toilet, the shower enclosure and some tiling appear dated. The kitchen features older light wood cabinets, speckled countertops, and older white appliances, indicating it has not been extensively renovated recently (likely 15-30+ years ago). The property appears functional and maintained for rental purposes, but significant aesthetic updates are needed to modernize the units and bring them to current standards.
Pros & Cons

Pros

Prime Location & Accessibility: Perfectly situated in central Berkeley, offering excellent proximity to UC Berkeley, San Pablo Park, shops, restaurants, Berkeley Bowl, and Ashby BART station, making it highly desirable for residents and investors.
Strong Multifamily Investment Potential: A versatile triplex with 'incredible income potential' and 'upside potential for strong positive cash flow' and 'increased rental income', ideal for investors seeking robust returns.
Desirable In-Unit Amenities: All three units feature individual washer/dryers, a highly sought-after amenity that enhances tenant convenience and rentability.
Versatile Unit Configuration: The property includes a spacious 3-bedroom, 2.5-bathroom front house and two 2-bedroom, 1-bathroom units, catering to a diverse tenant pool and maximizing rental income potential.
Shared Outdoor Space & Storage: A spacious backyard with a common area and additional storage provides valuable shared amenities for tenants, enhancing the living experience.

Cons

Property Age & Potential for Updates: Built in 1963, the property may have outdated systems (e.g., plumbing, electrical) or require significant capital expenditures for modernization and deferred maintenance.
Lack of Dedicated Parking: The description does not mention dedicated off-street parking for three units, which could be a significant drawback for tenants in a dense urban area like Berkeley.
Shared Common Area Management: While a shared backyard is a positive, common areas can sometimes lead to tenant disputes or require more active management and maintenance from the landlord.

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