Two-Unit Duplex with
1804 Derby St Berkeley, CA 94703
1804 Derby St, Berkeley, CA, 94703
$825,000
For Sale
$825,000
Spacious 2-bedroom, 1-bath duplex offers two identical layouts, with updated interiors in one unit and landscaped yards.
Property Size1,680 SF
Price / SF$491.07
Days on Market50
Property Features for 1804 Derby St
General Information
- Standard status
- Active
- Size
- 1,680 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1906
Listing Agency
Elizabeth R. Thomas Real Estate
(559) 579-2255
Listed by
Elizabeth Thomas · License #01847914
(559) 579-2255
Source
Exitrealty
Added: Jun 1 Checked: Jul 20 at 2:18 am
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 Elizabeth R. Thomas Real Estate
Investment Insights
Based on property information with market context.
1804–1806 Derby St. is a two-unit duplex featuring spacious, identical floorplans, with each unit configured as 2 bedrooms and 1 bathroom. Both units share Jack and Jill bathroom arrangements and include front and back yard areas that have been recently re-landscaped. Unit 1804 is occupied by a long-term tenant and has a fairly new central heating system, along with new paint, carpets, blinds, ceiling fans, and a new gas stove and range hood. Unit 1806 is vacant and recently upgraded with new carpet, paint, blinds, ceiling fans, and a range hood.
The property is located in Berkeley, CA 94703, and the Ashby BART station is about a 4-minute bike ride or a 15-minute walk away.
With two self-contained residential units in a duplex configuration, the property provides an owner-occupant or investment setup supported by unit-level upgrades and exterior yard improvements.
The property is located in Berkeley, CA 94703, and the Ashby BART station is about a 4-minute bike ride or a 15-minute walk away.
With two self-contained residential units in a duplex configuration, the property provides an owner-occupant or investment setup supported by unit-level upgrades and exterior yard improvements.
Key Highlights
- 1906‑built 2‑bedroom, 1‑bath duplex with two identical floorplans
- Unit 1804 has a long‑term tenant and includes fairly new central heating plus new paint, carpets, blinds, ceiling fans, and a new gas stove & range hood
- Unit 1806 is vacant and recently upgraded with new carpet, paint, blinds, ceiling fans, and range hood
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 | $57.5k | $34.20 |
| − Vacancy | −$3.0k | −$1.78 |
| EGI | $54.5k | $32.42 |
| − OpEx | −$16.3k | −$9.73 |
| NOI | $38.1k | $22.70 |
1,680 SF · lease $34.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$544.7K
$476.6K – $635.5K
NOI $38,128 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$477.0K
$417.4K – $556.5K
NOI $33,392 @ 7.0% cap · market cap 4.05%
Theoretical Best
Specialty Retail
$649.7K
$568.5K – $758.0K
NOI $45,481 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious 2-bedroom, 1-bath duplex offers two identical layouts, with updated interiors in one unit and landscaped yards.
Where is this duplex located?
The property is located at 1804 Derby St Berkeley, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 1906‑built 2‑bedroom, 1‑bath duplex with two identical floorplans; Unit 1804 has a long‑term tenant and includes fairly new central heating plus new paint, carpets, blinds, ceiling fans, and a new gas stove & range hood; Unit 1806 is vacant and recently upgraded with new carpet, paint, blinds, ceiling fans, and range hood
