Arlene Baxter is proud to present:
Spruce Street Six Plex
1739 - 1759 Spruce Street, Berkeley
|$6,800,000
Video Tour of 1739-1759 Spruce
Property details
Bedrooms
19
Bathrooms
8
Square Feet
9,194 sq ft
Neighborhood
Northside of Campus
Exceptional North Berkeley Garden Compound
within a block of the UC Campus!
Set up off the street in North Berkeley is an exceptional property: an impressive complex of three duplexes nestled around a central garden. This property would be rare anywhere in Berkeley, but finding it within just one block of the world-class University of California at Berkeley makes it an incomparable asset that commands exceptional rental rates. While “incomparable” is often used just as hyperbole, in this case this complex is truly that: there will be no obvious “comps” and you will not want to wait for “the next one.” This property was last available when I listed it and sold it to the current owner 27 years ago. And it been owned by the previous owners for 20+ years. This is a property that savvy investors have added to their portfolios with price, and held for the long term.
For the first time ever, as of June 1, all six units will be delivered vacant, making it ideal for a combination of owner categories. Multi-generational, group or institutional buyers will find a rare compound available for their enjoyment. For those seeking an investment, this property with a history of high demand and unusually high rental rates, is now available for investor buyers to choose their own tenants at full market rates. Three units, one in each duplex, are currently available to view.
Built in the late 1930s by Irwin M. Johnson, these elegant stucco buildings are architecturally consistent in the Colonial Revival style. The windows sport handsome green shutters, and there are several beautiful balconies with views. Public records show a total of 9194 interior square feet on a lot of almost a half an acre in size. Each of the buildings is a unique and spacious duplex, with its own signature design motif. All of the buildings have cedar shake roofs. Electrical service has been upgraded, and each unit has separately metered utilities, and its own laundry facility. Many kitchen counter tops, floors and appliances have been upgraded.
Each unit lives like a single-family home, with four of the units occupying two-stories. All six have original hardwood floors, and a truly spacious living room including a gracious fireplace. Each unit is spacious, occupying between approximately 1300 and 1500 square feet, and most are being used as three bedrooms. There is one even-larger unit, occupying over 1600 sq. ft., being used as four-bedrooms with one and a half baths. The buildings were smartly sited, so that each unit has at least some view of the Bay or the campus. There are six garage spaces and one car port, which can be made available to occupants, or rented as separate assets.
Occupants enjoy the vibrancy of being in such close proximity to the campus, with a variety of popular cafés, restaurants and shops within a few short blocks. With a WalkScoreR of 90, this location is considered A Walker’s Paradise, and it certainly is! Within a half mile to the South you can be in Downtown Berkeley and at a BART station, and Berkeley's impressive Arts District. Head North to the Gourmet District, with an abundance of options for restaurants and shops all along Shattuck Avenue. Public transit is easy from this location.
The property offers a rare and wonderful combination of impressive architecture on a physically beautiful site, less than a block to the UC Campus. And now the flexibility to use the entire complex to suit the buyer's needs as of June 1! Three units are currently available for viewing, one in each building, giving prospective buyers an excellent sense of the exceptional interior quality and spaciousmess of this property.
For the first time ever, as of June 1, all six units will be delivered vacant, making it ideal for a combination of owner categories. Multi-generational, group or institutional buyers will find a rare compound available for their enjoyment. For those seeking an investment, this property with a history of high demand and unusually high rental rates, is now available for investor buyers to choose their own tenants at full market rates. Three units, one in each duplex, are currently available to view.
Built in the late 1930s by Irwin M. Johnson, these elegant stucco buildings are architecturally consistent in the Colonial Revival style. The windows sport handsome green shutters, and there are several beautiful balconies with views. Public records show a total of 9194 interior square feet on a lot of almost a half an acre in size. Each of the buildings is a unique and spacious duplex, with its own signature design motif. All of the buildings have cedar shake roofs. Electrical service has been upgraded, and each unit has separately metered utilities, and its own laundry facility. Many kitchen counter tops, floors and appliances have been upgraded.
Each unit lives like a single-family home, with four of the units occupying two-stories. All six have original hardwood floors, and a truly spacious living room including a gracious fireplace. Each unit is spacious, occupying between approximately 1300 and 1500 square feet, and most are being used as three bedrooms. There is one even-larger unit, occupying over 1600 sq. ft., being used as four-bedrooms with one and a half baths. The buildings were smartly sited, so that each unit has at least some view of the Bay or the campus. There are six garage spaces and one car port, which can be made available to occupants, or rented as separate assets.
Occupants enjoy the vibrancy of being in such close proximity to the campus, with a variety of popular cafés, restaurants and shops within a few short blocks. With a WalkScoreR of 90, this location is considered A Walker’s Paradise, and it certainly is! Within a half mile to the South you can be in Downtown Berkeley and at a BART station, and Berkeley's impressive Arts District. Head North to the Gourmet District, with an abundance of options for restaurants and shops all along Shattuck Avenue. Public transit is easy from this location.
The property offers a rare and wonderful combination of impressive architecture on a physically beautiful site, less than a block to the UC Campus. And now the flexibility to use the entire complex to suit the buyer's needs as of June 1! Three units are currently available for viewing, one in each building, giving prospective buyers an excellent sense of the exceptional interior quality and spaciousmess of this property.
The Northside Neighborhood
Located near the world reknowed, top-ranking University of California Berkeley campus, this vibrant area is home to a variety of residents, including students, especially graduate students, as well as those associated with the campus, as well as residents who simply enjoy the convenience and beauty of the area. Within just a few blocks are a plethora of restaurants and cafés, all along Shattuck Avenue, as well as on Hearst adjoining the campus, and on Euclid Avenue. The Downtown Berkeley BART station is nearby, along with numerous restaurants and services in Downtown Berkeley. Quite near this property is The Pacific Film Archive with its special exhibitions and a very popular café, as well as Gather, and especially well-regarded farm-to-table restaurant, and the always popular Great China restaurant. Besides the academic offerings of the UC Campus, there are also extensive cultural options through Cal Performances, as well as many other nearby venues for music, dance and theater.
Arlene Baxter
The Agency
2012 REALTOR of the Year, BAR
- DRE:
- #01209552
- Mobile:
- 510.717.1799
www.GreenBungalows.info
I'll be your Guardian Angel and your Devil's Advocate!
Whether representing buyers or sellers, my top priority is to understand your goals and priorities, and make sure that together we accomplish them, keeping the process as stress-free as possible! My job as real estate advisor is not to simply give you information, or to tell you what you want to hear, but to actively listen to you and provide expert guidance—to be both your Guardian Angel and your Devil’s Advocate!
Today’s consumers have a wealth of information available to them. When it comes to real estate, most people don’t need more data, but they do need a guide to interpret that data and sort through what’s accurate, and what’s most important in achieving their particular goals. And in this evolving market both buyers and sellers need an expert negotiator working on their behalf. My negotiating skills have been described as “masterful.” I enjoy the process of assuring that all parties have offered the highest and best terms within their powers.
I have a special passion for vintage properties, such as this remarkable complex. The proud owner of a Julia Morgan home, I am sensitive to the details that make these buildings enjoy a time-honored appeal.
All of my listings in all markets have sold above original list price, and in almost 30 years in this industry, all of my residential listings have received multiple offers. That’s a remarkable record!
I have a special interest and extensive knowledge about conserving energy and sustainable building practices. I am proud to have chaired both Green Councils and the Climate Action Committee for our local Association of REALTORS.
I’m honored by my recent client testimonials. If you’d like more information, please visiit my website: GreenBungalows.info I am always happy to provide customized details. I love to discuss real estate, as well as the great architecture and life style here in the East Bay! Thank you for reading this brief summary!
Today’s consumers have a wealth of information available to them. When it comes to real estate, most people don’t need more data, but they do need a guide to interpret that data and sort through what’s accurate, and what’s most important in achieving their particular goals. And in this evolving market both buyers and sellers need an expert negotiator working on their behalf. My negotiating skills have been described as “masterful.” I enjoy the process of assuring that all parties have offered the highest and best terms within their powers.
I have a special passion for vintage properties, such as this remarkable complex. The proud owner of a Julia Morgan home, I am sensitive to the details that make these buildings enjoy a time-honored appeal.
All of my listings in all markets have sold above original list price, and in almost 30 years in this industry, all of my residential listings have received multiple offers. That’s a remarkable record!
I have a special interest and extensive knowledge about conserving energy and sustainable building practices. I am proud to have chaired both Green Councils and the Climate Action Committee for our local Association of REALTORS.
I’m honored by my recent client testimonials. If you’d like more information, please visiit my website: GreenBungalows.info I am always happy to provide customized details. I love to discuss real estate, as well as the great architecture and life style here in the East Bay! Thank you for reading this brief summary!
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Arlene Baxter
The Agency
2012 REALTOR of the Year, BAR
- DRE:
- #01209552
- Mobile:
- 510.717.1799