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Recently Remodeled Duplex

3214 California St Berkeley, CA 94703

3214 California St, Berkeley, CA, 94703
$1,198,000
Pending
For Sale
$1,198,000
Pending

Two-level duplex with updated kitchens and bathrooms, in-unit laundry, and separate heating systems for each unit.

Property Size1,858 SF
Days on Market130

Property Features for 3214 California St

General Information

Standard status
Pending
Size
1,858 SF
Property subtype
Multi Family

Building Details

Year Built
1920
Listing agency Compass
Listed by Matthew Boone · License #02150676
Source Exitrealty
Added: Mar 15 Updated: Jul 20 at 7:24PM Checked: Jul 22 at 7:07AM

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 Compass


Investment Insights

Based on property information with market context.

This recently remodeled duplex offers two units, with one residence on each level. The first unit features period details such as a built-in buffet cabinet, board and batten siding, and oak hardwood floors, along with updated kitchen and bathroom finishes including modern cabinetry and tile flooring. The second unit includes an open living/dining layout, a renovated kitchen/bath, and two light-filled bedrooms.

Both units include in-unit laundry areas, separate water heaters, and individual thermostats for heating. The property also includes a one-car garage with a new roll-up door designed for maximum clearance and a newly installed sump pump.

The home is described as eligible for use as a Golden Duplex if the owner occupies one unit, allowing the new resident to rent out one unit with exemptions to rent control. The location is provided as 3214 California St in Berkeley and is described with a 90/100 walk score, close to Ashby BART and major commute routes.

Key Highlights

  • Two‑unit duplex built in 1920 with one unit on each level
  • Recently remodeled kitchens and bathrooms in both units with modern cabinets and tile flooring
  • In‑unit laundry areas, separate water heaters, and individual thermostats for each unit

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 $63.5k $34.20
− Vacancy −$3.3k −$1.78
EGI $60.2k $32.42
− OpEx −$18.1k −$9.73
NOI $42.2k $22.70
1,858 SF · lease $34.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$602.4K
$527.1K – $702.8K (±1% cap)
NOI $42,168 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$527.6K
$461.6K – $615.5K (±1% cap)
NOI $36,929 @ 7.0% cap · market cap 3.08%
Theoretical Best
Specialty Retail
$718.6K
$628.8K – $838.3K (±1% cap)
NOI $50,300 @ 7.0% cap · market cap 4.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency HVAC Service Pharmacy (Bike/Boat/Book/etc) Store Accounting Firm Storage Facility Florist Clothing & Fashion Store Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-level duplex with updated kitchens and bathrooms, in-unit laundry, and separate heating systems for each unit.
Where is this duplex located?
The property is located at 3214 California St Berkeley, CA.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1920 with one unit on each level; Recently remodeled kitchens and bathrooms in both units with modern cabinets and tile flooring; In‑unit laundry areas, separate water heaters, and individual thermostats for each unit
Contact an agent
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