Anyone wanting to get their hands on an architecturally distinctive property in Berkeley — and with $3,680,000 to spare — is in luck with the recent arrival on the market of this multi-unit complex on Codornices Road.
Designed by Henry Gutterson in 1924, the nine units are across the way from Bernard Maybeck’s Rose Walk. Four of the duplexes face a garden, and a cottage with a large deck faces Codornices Road near Rose Garden.
Because the buildings are landmarked, property tax relief is available for the buyer who takes them on. “Tremendous potential” — or so says the listing.
This property is really, really neat. I saw it when it was up for sale last time and wished I was in a position to buy it. However, I am not sure how they are justifying the price increase after the last sale in 2007 at $2.7m.