$985,000
●
House -
Off Market
1314 La Loma Ave
Berkeley, CA 94708
3 Beds
2 Baths
1,519 Ft²
$1,169,762
RealtyHop Estimate
18.76%
Since Oct 1, 2020
CA-San Francisco
Primary Model
About This Property
This crisp contemporary with lovely vistas & warm wood details,
offers easy well-separated spaces in a sharp well-built home.
Nestled into a hillside in the North Berkeley hills, the 3 bdrm 2
ba home has Mt Tamalpais & Bay vus, decks for container gardening &
the wonderful La Loma park just a block away for further outdoor
pleasures. The entry level features interior access to the 1-car
gar/workshop, laundry rm, bdrm & full bath. The liv rm, dining rm &
kitchen overlooking a bay view complete the 2nd level. 2 more bdrms
& a bath are on the 3rd level. A quick trip down the hill lands you
in the middle of the North Berkeley shopping district. Just to the
East, is the renowned Tilden Park. The neighborhood has been home
to many professors because of its convenient proximity to the UC
Berkeley campus.The location offers a lovely balance between urban
convenience and the natural beauties Berkeley presents. Live
virtual tour https://www.instagram.com/colleensellinghouses/ Sunday
8/16 1:30pm.
Unit Size
1,519 Ft²
Days on Market
43 days
Land Size
0.06 acres
Price per sqft
$648
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (bridgeMLS/CCAR/Bay East AOR #40916207)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2020 | Sold | ||
| Sold | |||
| Aug 11, 2020 | Listed by THE GRUBB CO. INC. | $985,000 | |
| Listed by THE GRUBB CO. INC. | |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Berkeley Hills
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Listed by: COLLEEN LARKIN, THE GRUBB CO. INC.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40916207
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40916207
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