1365 Neilson St, Berkeley CA, 94702
(Active)
$945,000
|
2 beds, 2 Full baths, 1,312 sqft
|
MLS# 41058450
Last Updated: 5/17/2024 11:27 PM
Description for
1365 Neilson St
Berkeley, CA 94702
Rare opportunity to redevelop special 1940s Westbrae property in prime location. Transparent price, with below-market owner financing available. Property is entitled with a grandfathered permit for 13kw solar system with higher NEM 2 rates! Home is currently gutted to the walls and subfloor, & ready to be reimagined and rebuilt to your taste. Easy access to North Berkeley BART, Monterey Market, Whole Foods, Westbrae Biergarten, Berkeley Horticultural Nursery, Acme Bakery, GIOIA pizzeria, coffeehouses, bike stores, bagel stores, community gardens, sports courts, parks and much more. Home is currently laid out as legal duplex, consisting of two mirror-image 1/br/1ba units, attached back-to-back, well suited to be remodeled for owner occupancy. Two free-standing 10x18 garages on the spacious lot provide additional options for flexible uses or further ADU or other development. This former rental has been removed from the Berkeley rental market, and thus is subject to rental restrictions per applicable Berkeley municipal code.
Price
$945,000
WESTBRAE
Alameda
2
2 Full
1,312 (approx)
41058450
Active
Description
Rare opportunity to redevelop special 1940s Westbrae property in prime location. Transparent price, with below-market owner financing available. Property is entitled with a grandfathered permit for 13kw solar system with higher NEM 2 rates! Home is currently gutted to the walls and subfloor, & ready to be reimagined and rebuilt to your taste. Easy access to North Berkeley BART, Monterey Market, Whole Foods, Westbrae Biergarten, Berkeley Horticultural Nursery, Acme Bakery, GIOIA pizzeria, coffeehouses, bike stores, bagel stores, community gardens, sports courts, parks and much more. Home is currently laid out as legal duplex, consisting of two mirror-image 1/br/1ba units, attached back-to-back, well suited to be remodeled for owner occupancy. Two free-standing 10x18 garages on the spacious lot provide additional options for flexible uses or further ADU or other development. This former rental has been removed from the Berkeley rental market, and thus is subject to rental restrictions per applicable Berkeley municipal code.
Listing Information
| Property Type: Single Family, 1 Story | ||
| 2 | 2 Full | |
| 0.1 Acres | Public Records | 1,312 (approx) |
| 1941 | Yes-2 spaces | 1 |
| Other | ||
WESTBRAE
Neighborhood
Room Information
| Bathrooms | |||
| 2 | |||
Total: 2
Interior Features
See Remarks
Other
Other,
See Remarks
Exterior / Lot Features
2 Garage Spaces,
2 Parking Spaces,
0 Covered Parking Spaces,
Garage
Other
None
R2
Driving Directions
Via Hopkins St turn left to Neilson St Cross Street: Hopkins.
Financial Considerations
| 60241415 |
Listing Price History
Berkeley Real Estate
Berkeley is located in California. Berkeley, California 94702 has a population of 118,424.
The median household income in Berkeley, California 94702 is $92,631. The median household income for the surrounding county is $107,045 compared to the national median of $66,222. The median age of people living in Berkeley 94702 is 40 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 5/17/2024 | Active | $945,000 USD -0.53% |
|
| 5/3/2024 | Active | $950,000 USD 52.00% |
|
| 1/4/2022 | Sold | $625,000 USD | public records |
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $11,140 USD | -5.95% | $637,500 USD | - |
| 2022 | $11,845 USD | 0.09% | $637,500 USD | -0.90% |
| 2021 | $11,834 USD | 9.70% | $643,314 USD | 3.06% |
| 2020 | $10,788 USD | 3.66% | $624,240 USD | - |
| 2019 | $10,407 USD | 1.93% | $624,240 USD | 2.00% |