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Updated over 7 years ago on . Most recent reply

User Stats

10
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4
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Alison Horton
  • Investor
  • Berkeley, CA
4
Votes |
10
Posts

Own a share in a beautiful downtown Berkeley Victorian

Alison Horton
  • Investor
  • Berkeley, CA
Posted

What do you think about about a TIC in downtown Berkeley? Library, movies, restaurants, farmers market, trader Joe's all easily walkable.

There's a 1 bedroom apt downstairs, and bedroom/bath suites upstairs in an old Victorian. And, unlike most condos, you get to garden, collect eggs from the chickens, make messy projects in the shop downstairs. There's a parlor and a living room, and a dining room as well as a big shared kitchen. 

The apartment goes for $450, and the bedrooms from $320,000-400,000

Any opinions?

I'm assuming they'll have some cash. I'm hoping there's a few people with some money saved up who really want to live in this area but can't quite qualify. 

They can get access to so much more in a house TIC than a condo, not to mention much less fees and sensible housemate-like rules.

What do you guys think?

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