Triplex with Rear
1213-1215 Carrison Street, Berkeley, CA 94702
For Sale
New
$1,449,888
A four-bedroom primary residence is paired with two occupied rental units in a separate rear building.
Property Size3,791 SF
Days on Market5
Property Features for 1213-1215 Carrison Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Additional Details
Multifamily Units
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
Kinetic Real Estate
Listed By:
Thomas Anicete
(415) 680-7048
Source:
Annnewtoncane
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 4:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kinetic Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises a four-bedroom main residence and a separate rear building with two rental units. Upstairs, the main home has a bathroom and four bedrooms; the lower level includes an updated kitchen, another bathroom, a formal dining room, a family room, and a flex room. The roof was replaced in 2024. Each rear unit has two bedrooms and one bathroom, and both are occupied.
Shopping, restaurants, San Pablo Park, Berkeley Bowl, BART, Amtrak, and freeway access are minutes away. The property is in Berkeley, with access to surrounding communities and commuter routes.
Shopping, restaurants, San Pablo Park, Berkeley Bowl, BART, Amtrak, and freeway access are minutes away. The property is in Berkeley, with access to surrounding communities and commuter routes.
Key Highlights
- Three‑unit property with a separate rear duplex
- Main residence has four bedrooms and two bathrooms
- Rear units each have 2 bedrooms and 1 bathroom; both are occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,037
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,720,740
$1.7M
Cap Rate 7%
$1,229,100
$1.2M
Cap Rate 9%
$955,967
$956.0K
Market Conditions
NOI Build-Up for 3,791 SF
Gross rent
$129.7K $34.20/SF
− Vacancy
−$6.7K −$1.78/SF
EGI
$122.9K $32.42/SF
− OpEx
−$36.9K −$9.73/SF
NOI
$86.0K $22.70/SF
Area
Berkeley, CA
Vacancy
5.20%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,720,740
Cap Rate 7%
$1,229,100
Cap Rate 9%
$955,967
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.43M
NOI $86,037 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$1.08M
$941.9K – $1.26M
NOI $75,350 @ 7.0% cap · market cap 5.20%
Theoretical Best
Specialty Retail
$1.47M
$1.28M – $1.71M
NOI $102,630 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,292
Businesses Nearby
Explore this area
Business Placement
Demographics for 94702, CA
17,637
Population
8,209
Households
2.1
Avg Household Size
39
Median Age
65%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
13,567
Density / Sq Mi
$99,135
Median Household Income
$66,516
Median Earnings
$1,974
Median Rent
$1,168,200
Median Home Value
Market
Average Price Trend$/SF for Triplexes in Alameda County, CA
Properties on Market for Triplexes in Alameda County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - A four-bedroom primary residence is paired with two occupied rental units in a separate rear building.
Where is this triplex located?
The property is located at 1213-1215 Carrison Street Berkeley, CA.
What is the asking price?
The asking price for this property is $1,449,888.
What are key features of this property?
This property features: Three‑unit property with a separate rear duplex; Main residence has four bedrooms and two bathrooms; Rear units each have 2 bedrooms and 1 bathroom; both are occupied
