To access the marketing package copy/paste: https://bit.ly/kitehillre. Nestled in the desirable Gilman District of Berkeley, 1412 Ninth Street is a well-maintained, 1958-vintage apartment building consisting of two fourplexes on a single lot. This property offers an ideal unit mix with (4) spacious 2-bedroom, 1-bath units and (4) cozy 1-bedroom, 1-bath units, providing a diverse and appealing living arrangement for tenants. On-site amenities include a coin-operated laundry facility, ample storage, and parking for up to 6 vehicles, ensuring convenience and comfort for residents. With a strong income potential, the property generates an average of over $1,900 per month per unit. There is also substantial upside in both gross rents, with a 20% potential increase, and Net Operating Income (NOI), which could rise by 30%. This makes 1412 Ninth Street a promising investment opportunity with plenty of room for growth in rental income. The property has been thoughtfully updated, with over half of the units featuring modern finishes. In addition, extensive capital improvements have been made, including updated bathrooms, new plumbing and electrical systems, roof replacements in 2012 and 2016, new energy-efficient windows, water heaters, and appliances.
MLS #
MR41087703
MLS Source
Bridge MLS
Days on Site
17
Flooring
Hardwood
Cooling
None
Heating
Electric
Sewer
Public Sewer
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 8 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 800 | 2 | 0/0 | $1,933 | – | – |
2 | 600 | 1 | 0/0 | $2,100 | – | – |
1412 Ninth St is a Residential Income in Berkeley, CA 94710. This 5,346 square foot property sits on a 8,450 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,098,000 and was built in 1958.
This address can also be written as 1412 Ninth St, Berkeley, CA 94710.©2025 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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This listing information is up-to-date as of March 16, 2025. For the most current information, please contact Jatin Mehta, (949) 929-9562