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2909 King St, Berkeley, CA 94703


               
2009 Aug 25, 3:24pm   6,819 views  12 comments

by bdrasin   follow (0)  

This seems like a really low price for what it is:http://www.redfin.com/CA/Berkeley/2909-King-St-94703/home/657545A duplex with 2 3/1 units and an extra 2/1 on the same property for $525k.  2 bedroom units in this neighborhood rent for 2k no problem (2 blocks from Ashby Bart).   Even assuming only 60k rental income thats well over 10% of the purchase price.   I ride by the house on my bike often and there is nothing obviously wrong with it...I wonder why so cheap?   It sound like a can't lose proposition at the price.

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12   Patrick   @   2009 Oct 13, 1:28am  

I'm sorry your dad is ill. Such things will happen to all of us, and that gives a lot of needed perspective.

I'm really glad that there's at least a glimmer of dialogue between potential buyers and sellers here though. It's great that there's no realtor in the way, filtering your remarks.

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