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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
ML82023846
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-5•0.4mi
6/10
Malcolm X Elementary School
Public,•K-5•0.6mi
6/10
Leconte Elementary School
Public,•K-5•0.6mi
1/10
Sankofa Academy
Public,•PK-5•1.0mi
8/10
Peralta Elementary School
Public,•K-5•1.1mi
7/10
Emerson Elementary School
Public,•K-5•1.2mi
6/10
John Muir Elementary School
Public,•K-5•1.5mi
5/10
Oxford Elementary School
Public,•K-5•1.9mi
7/10
Cragmont Elementary School
Public,•K-5•2.3mi
8/10
Willard Middle School
Public,•6-8•0.8mi
7/10
Martin Luther King Middle School
Public,•6-8•1.4mi
6/10
Claremont Middle School
Public,•6-8•1.5mi
8/10
Berkeley High School
Public,•9-12•0.6mi
2/10
Oakland International High School
Public,•9-12•2.0mi
7/10
Oakland Technical High School
Public,•9-12•2.3mi
2/10
Fremont High
Public,•9-12•6.9mi

Price History

Date
Event
Price
10/04/25
Price Change
$1,540,000
10/03/25
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 market33146
13%
Condition Rating
Fair
Built in 1963, this property is over 60 years old. While the hardwood floors appear well-maintained and the bathroom has received some minor updates (newer vanity and toilet), the overall style, dated light fixtures, popcorn ceilings, and the 'functional kitchen' description suggest that the property has not undergone a full, recent renovation. It is maintained and livable, but many components are outdated and would benefit from cosmetic and functional updates to meet current standards.
Pros & Cons

Pros

Prime Investment Opportunity: This triplex is explicitly marketed as a 'Prime Multifamily Investment Opportunity' with 'incredible income potential,' 'strong positive cash flow,' and 'potential for increased rental income,' making it highly attractive to investors.
Exceptional Location: Strategically located in central Berkeley, offering proximity to major attractions like UC Berkeley, San Pablo Park, Berkeley Bowl, shops, restaurants, and excellent transit options including Ashby BART, the SF Bay Bridge, and Emeryville.
Versatile Unit Mix: The property features a desirable unit configuration: a 3-bedroom, 2.5-bathroom front house and two separate 2-bedroom, 1-bathroom units, appealing to a broad range of tenants and offering flexible rental strategies.
Individual In-Unit Laundry: A significant tenant amenity, all three units are equipped with individual washer/dryer facilities, enhancing convenience and rental desirability.
Shared Outdoor Space & Storage: The spacious backyard serves as a common area for tenants and includes additional storage, providing valuable outdoor living space and practical utility.

Cons

Age of Property & Potential for Updates: Built in 1963, the property is over 60 years old. While the description highlights functionality, it doesn't specify recent major system upgrades (e.g., plumbing, electrical, HVAC), which could lead to future capital expenditures.
Lack of Dedicated Parking Information: The property description does not mention any dedicated parking facilities, which can be a significant drawback and highly sought-after amenity in a dense urban environment like Berkeley.
Unspecified Interior Condition of Units: While the front house has a master suite, the description only refers to 'functional kitchens' in the other units. This suggests that some interiors may not be recently updated, potentially requiring renovation to maximize rental income and tenant appeal.

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