Craftsman Triplex with New
1643 Oxford St Berkeley, CA 94709
1643 Oxford St, Berkeley, CA, 94709
$1,600,000
For Sale
$1,600,000
1913 Craftsman triplex with three units, nine single-occupancy bedrooms, and a new roof on Oxford St.
Property Size3,152 SF
Price / SF$507.61
Days on Market35
Property Features for 1643 Oxford St
General Information
- Standard status
- Active
- Size
- 3,152 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1912
Listing agency
NAI Northern California
(415) 246-4314
Listed by
Grant Chappell · License #01700439
(415) 246-4314
Source
Exitrealty
Added: Jun 17 Updated: Jul 20 at 11:46PM Checked: Jul 21 at 3:01AM
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 NAI Northern California
Investment Insights
Based on property information with market context.
Built in 1913, this classic Craftsman triplex includes three units totaling nine single-occupancy bedrooms. Two of the three units are delivered vacant: a (3bd/1ba) unit and a (5bd/1.5ba) unit. Laundry is supported by washer/dryer connections in the basement, and the property includes four parking spaces.
The home offers several recent improvements, including a new roof, new carpets, and renovation to two of the three kitchens. Inspection reports are described as strong in the disclosures currently available.
The property is being offered for sale with an open house tour scheduled for Saturday, June 27 and June 28, with additional vacancy tours available by request from qualified buyers, and a full property tour provided upon receipt of a qualified offer.
The home offers several recent improvements, including a new roof, new carpets, and renovation to two of the three kitchens. Inspection reports are described as strong in the disclosures currently available.
The property is being offered for sale with an open house tour scheduled for Saturday, June 27 and June 28, with additional vacancy tours available by request from qualified buyers, and a full property tour provided upon receipt of a qualified offer.
Key Highlights
- 1912‑built 3‑unit Craftsman triplex with nine total single‑occupancy bedrooms
- Two units are delivered vacant: (3bd/1ba) and (5bd/1.5ba)
- New roof plus 2 of 3 kitchens renovated and new carpets
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.8k | $34.20 |
| − Vacancy | −$5.6k | −$1.78 |
| EGI | $102.2k | $32.42 |
| − OpEx | −$30.7k | −$9.73 |
| NOI | $71.5k | $22.70 |
3,152 SF · lease $34.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$894.2K – $1.19M
NOI $71,535 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$895.0K
$783.1K – $1.04M
NOI $62,649 @ 7.0% cap · market cap 3.92%
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.42M
NOI $85,331 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - 1913 Craftsman triplex with three units, nine single-occupancy bedrooms, and a new roof on Oxford St.
Where is this triplex located?
The property is located at 1643 Oxford St Berkeley, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 1912‑built 3‑unit Craftsman triplex with nine total single‑occupancy bedrooms; Two units are delivered vacant: (3bd/1ba) and (5bd/1.5ba); New roof plus 2 of 3 kitchens renovated and new carpets
