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Millman Team Real Estate

$1,600,000
0.14 Acre Lot

1643 Oxford St, Berkeley, California 94709

  • Residential Income Property Type
  • 1912 Year Built
Property Description

*** Call For Offers July 15th *** + 3 units, 3.36K SF @ $1.6M, 6.15% cap rate ($98.3K Pro Forma Net Operating Income, $147.3K Gross Income, 33.2% OpEx due to individually metered utilities), 10.86 GRM, $475/SF. + Three Units: Unit A: 1bd/1ba @ $1550/mo; Unit B: 3bd/1ba (vacant) @ $4000/mo ($1333/bedroom, single occupancy); Unit C: 5bd/1.5ba (vacant) @ $6300/mo ($1260/bedroom, single occupancy). + Great starter investment property allowing residential financing as low as 3.5%-20% down, get the right mix of renters to increase rents to $1450+/bedroom + Download the OM and see the positive Inspection Reports from Disclosures.io: https://app.disclosures.io/link/1643-Oxford-Street-k5mv2js4 + High Demand Student Housing Asset Steps Away From The #1Rated Public University + Classic 1913 Craftsman Triplex in Desirable Northside Neighborhood + Three (3) Units; Nine (9) Total Single Occupancy Bedrooms + Two Units delivered vacant: (3bd/1ba) & (5bd/1.5ba) + 4 parking spaces; W/D Laundry Connections in Basement + New Roof; 2 of 3 Kitchens Renovated; New Carpets; Great Inspection Reports + Close to the Original Peets Coffee, Chez Panisse and other iconic Berkeley Restaurants + North Berkeley tends to attract graduate and hard sciences students (lower costs, higher margins) + Limited new construction in Northside Neighborhood – – strengthening long term rent prospects Open House tour of the vacancies will be provided on Saturday June 27th and June 28th. We will also provide tours of the vacancies upon request from qualified buyers. Full tour of the property will be provided upon receipt of qualified offer. Disclosures file will be updated as additional files arrive but today (June 16th) it contains the OM, pest inspection and home inspection.

Basic Details
Residential Income
For Sale
41138568
$1,600,000
1912
0.14 Acre
Active
Triplex
: Shingle
Features
: Forced Air, Natural Gas, Baseboard
: Carpet, Wood
$0
Appliances
: Gas Water Heater
Address Map
CA
Alameda
Berkeley
NORTHSIDE
94709
Oxford ST
1643
W123° 44' 0.7''
N37° 52' 40.5''
Cross Street: Cedar.
R-3
Additional Information
$0
$0
$0
$0
$0
: Front Yard
3
2026-06-16
1600000
Broker/Agent Information
NAI Northern California
Grant Chappell
Listing Information
BMLS-R01700439
BMLS-OBOJMTB
Conventional
Active
2026-07-16T14:44:36Z
CRMLS
2026-06-22T17:00:00Z
Agent info
Ray Millman
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