Off-Market Opportunity: 4 Units This is a 4 unit building in the Clinton neighborhood, approximately 6,000 sq. ft. corner lot, near Vantage Park and I-880. This building consists of one work/live loft (groundfloor), one upstairs unit (approx. 850 sq. ft.) and two ground floor units (550, 700 sq. ft). All units have been recently updated […]
According to research calculating top market rents (Yardi Rent metrics), rents are rebounding back up to pre-pandemic levels. San Francisco has the highest “rent rebound” in the country. Many workers are being required to come in 2-3 days per week. For Berkeley property owners, the college students will be searching for the next academic year […]
Berkeley Duplex: Sold – 7 offers on day one! January Update The Omicron variant has thrown a bit of a delay in people going back to the office, but hopefully as we get over this hurdle, we will see rents rising! Although most companies are delaying the new flex work plan of 2-3 days in […]
Two recent closings (4 units in Berkeley, CA, 4 units in Hayward, CA) have shown that the market is consistent throughout the East Bay. Both properties: 1) Were in contract within hours or a couple of days after coming to the market 2) Both received offers substantially over the listing price 3) Both closed with […]
New Listing Details Walk to BART and downtown Hayward. This 4 unit property has a single family (3 bedroom) home , with a detached duplex and separate studio. The home is currently rented a $2700 per month. Both 1 bedroom units in the duplex are currently vacant. Market rents for these nice and clean units […]
New Listing Details This new 4 plex listing is on Adeline, 1/2 block to Ashby BART and 1 block to Berkeley Bowl. It has 4 off street parking spots, with a nice small backyard. There is a 2 bedroom (currently vacant), a 1 bedroom, a junior 1 bedroom, and a studio. All tenants have paid […]
Many Bay Area companies are announcing their plans for office re-openings. These recent announcements have spurred a small growth in rents in San Francisco. This should continue to keep East Bay rents solid. Rental Market We filled a mid-April vacancy relatively easily. We will be getting the same rent as previous tenants. It took a little bit […]
Governor Newson just announced that by June 15th, we will be allowed to go back to pre-Covid life, but we will still have to wear a mask. Rental Market With Spring here and over 2 million Californians getting their Covid shot each week, things are changing! For the first time in almost a year, San […]
All property owners I have spoken to recently are still getting full rent payment from all their tenants. Vacancies are still difficult to fill. Reach out to me if you need any advice or help with getting new tenants. The big question that has come a few times recently, “Is now a good time to […]
Is it 2021 yet? As we finish this year, we are starting to see some progress towards “back to normal”. Although the state assembly is going to vote on continuing the No Eviction, No Late Fee Moratorium, introduced by San Francisco’s Scott Weiner. Let’s hope that if they consider extending the moratorium, they address financial […]