1365 Neilson St, Berkeley, CA 94702

$945,000 Asking Price

2 beds
2 baths
1,312  sqft
Built in 1941

Rare opportunity to redevelop special 1940s Westbrae property in prime location. Transparent price, flexible below-market owner financing available. Sewer lateral complete; new survey & as-built drawings with CAD and Vectorworks. Grandfathered permit for a 13kw solar system with 20 years of guaranteed NEM2 PG&E solar generation credits at 4x the current lower rates; this creates the perfect opportunity to create an all-electric, highly efficient green-built home. Property is currently gutted to the walls and subfloor, ready to be reimagined to your taste. With convenient access to North Berkeley BART, Monterey Market, Whole Foods, Berkeley Horticultural Nursery, Acme Bakery, GIOIA pizzeria, coffeehouses, bike stores, bagel stores, community gardens, sports courts, parks and much more, the wonderful Westbrae is the ultimate east bay lifestyle location. Currently duplex layout suitable for reformatting as 3/2 owner-occupied home. Two free-standing 10x18 vaulted-roof garage units on the spacious lot provide additional options for flexible uses. This former rental was removed from the Berkeley rental market, and is subject to temporary re-rental restrictions per applicable Berkeley municipal code.


Features & Amenities

Interior

Flooring:
See Remarks
A/C:
true, See Remarks
Heating:
true, See Remarks
Fireplace:
Fireplace

Exterior

Pool:
None
Parking:
Garage, Parking spaces: 2

Construction

General:
See Remarks, 1

Location

Originating MLS:
CRMLS
County:
Alameda

Lot

Zoning:
R2, 60241415

Financial

Source:
CRMLS

This listing courtesy of:
HOMECOIN.COM, Jonathan Minerick

About Berkeley, CA

Housing

Number of Units
57,170
Median Home Value
$1,039,146
Median Rent
$1,686

55.46% of housing units are renter occupied.

8.51% are vacant.

Commute

Car
22.67%
Public Transportation
15.24%
Walk to Work
9.90%
Work from Home
47.38%
Other
0.66%

The median travel time to work is 17 minutes.

People

Population
130,076
Median Age
36.60
Median Household Size
2.48

Education

High School
6.83%
Associate’s Degree
3.76%
Bachelor’s Degree
34.61%
Graduate Degree
40.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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