1718 Bancroft Way, Berkeley CA 94703 | $1,625,000

Discover this unique mixed-use property located in the heart of Berkeley and its great income and use potential. This building offers a combination of residential and commercial spaces, featuring three residential income units on the second level and three commercial/retail spaces at street level. The vacant residential unit has 1-bedroom, 1-bathroom and a notable feature: a spacious second-level loft accessible by an interior staircase in the unit. The size and presence of this loft allow the unit to function more like a 2-bedroom unit, potentially attracting higher rental income. It is move-in ready with fresh interior paint, new carpeting and refinished wood floors. Directly below this unit are vacant commercial spaces, offering a degree of convenience for those considering a build-out of the commercial units. The second level also features two tenant-occupied and pleasant 1-bedroom units. The vacant commercial spaces have storefront facades, high ceilings, and natural light a shared bathroom and kitchenette. The third commercial unit is occupied by a long-term business (since 1990). The building showcases the character, charm, and quality craftsmanship typical of the early 1900s and is just blocks from downtown Berkeley.

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