Berkeley, CA – The Pinza Group, the leading East Bay Multifamily Sales Brokerage, has announced the sale of a duplex in North Berkeley located at 1192 Arch Street. Steven Pinza, Esq (the 2014, 2015, & 2016 Top Multifamily Sales Broker in the East Bay according to CoStar), President of The Pinza Group (the 2014, 2015, & 2016 Top Multifamily Sales Brokerage in the East Bay according to CoStar) closed the sale after marketing the property for three months on the open market. The property sold for $950,000 to an exchange Buyer who will move into the vacant unit.
1192 Arch Street presented a rare opportunity for an Owner-User or seasoned investor to purchase an incredibly unique and well located duplex in the heart of North Berkeley. This 1,712 square foot duplex sits on a 4,528 square foot lot. This property was built in 1905 but has been impeccably maintained over the years, including most recently with the addition of fresh paint, cleaned landscaping, and more. The property boasts two 2bd/1bth units (one vacant) of over 800 square feet.
North Berkeley stands as one of the most desirable neighborhoods in East Bay. Million dollar homes cover the hills in styles inspired by early 20th-century architecture. Located along the northern border of the University of California, North Berkeley caters more to residential family life, while more students live on the southside. Despite the thousands of students attending school on a daily basis, North Berkeley remains a quiet neighborhood with a small-town character.
About The Pinza Group, Inc.
The Pinza Group, Inc was recently named as the 2014 & 2015 & 2016 Top Real Estate Sales Brokerage by CoStar, and is the only privately held investment real estate brokerage to receive the prestigious award in 2014 & 2015 & 2016. The Pinza Group is a full service investment real estate sales firm located in Walnut Creek, California. Founded in 2013, The Pinza Group is a leader in investment real estate sales with over 125 apartment sales in the last 24 months. The Pinza Group is an investment real estate brokerage built on a strong foundation of integrity, dedication, and experience which allows us to provide significant value to existing and future clients. Since The Pinza Group focuses exclusively on investment real estate, all of our efforts and resources are spent researching, brokering, and underwriting commercial properties in the East Bay. The Pinza Group has devoted significant resources to build an effective list of owners, investors, and brokers in the area which has allowed us to create an innovative marketing platform allowing us to deliver incredible value to both owners and investors. For more information on off market investments, an estimate of value, or for free real estate advice please visit: www.pinzagroup.com or Info@pinzagroup.com.
