1331 Ashby Ave. , Berkeley CA

$1,550,000 | $7,143 / Month*

List Firm - Coldwell Banker Realty
List Agent - Faz Binesh
MLS #40964768

Location

Features

Details
Possible Use: Planned Unit Development, Residential, See Remarks
Foreclosure: No
Water/Sewer: Sewer - Public, Water - Public, Other

Gold Mine Still Exists in the Golden State! This property is rezoned and features a permit for a six-unit PUD complex, three duplexes. The buyer can have the opportunity to start construction upon close of escrow, Live in the home, or perhaps engage in short-term rentals until the time is right to start construction. In the bustling Bay area with a housing shortage and skyrocketing prices, this opportunity is a gold mine discovery we all have heard about. Now, this has become a reality. And now is the time for you to own this jewel. The location is the key point in this investment. From UC Berkeley to major shopping centers, from Ashley BART station to HYW 13 at your door step to FWYs 80, 580, and 880 all to provide an easy access to entertainment and employment centers beyond Berkeley and nearby cities. Currently, a habitable single family home exists on this parcel that features three bedrooms, one bath, with living room and family room.

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