Lorin Homes with 2 Houses / 1 Lot Lot description

Welcome to Lorin, a charming subdivision nestled in the vibrant city of Berkeley, California. This unique community is situated in Alameda County and offers a delightful blend of urban convenience and suburban tranquility. Lorin is known for its rich cultural heritage, artistic flair, and a strong sense of community, making it an ideal place for families, professionals, and anyone looking to enjoy the best of Berkeley living.

One of the standout features of Lorin is the availability of homes with two houses on one lot. This innovative property type provides a rare opportunity for homeowners to maximize their investment while enjoying the benefits of additional living space. Whether you’re looking to accommodate extended family, generate rental income, or create a private home office, these properties offer versatility and charm. Imagine the possibilities of having a cozy main house complemented by an inviting guest cottage or studio, all nestled within your own private oasis.

The lot sizes in Lorin are generous, allowing for ample outdoor space where residents can enjoy gardening, entertaining, or simply soaking up the California sun. The neighborhood is characterized by tree-lined streets, friendly neighbors, and a strong connection to local parks and amenities. With easy access to public transportation, shopping, and dining options, Lorin is perfectly positioned for those who appreciate the hustle and bustle of city life while still yearning for a peaceful retreat.

Explore the possibilities that await in Lorin, where your dream home with two houses on one lot could become a reality!

Newest Lorin Homes with 2 Houses / 1 Lot Lot description

$1,500,000

41129075 MLS

2045 Emerson Street, a 5-unit multifamily property located in Berkeley’s South Berkeley neighborhood offered at $1,500,000. The property features a unit mix of four 1BD/1BA units and one 3BD/1BA, generating $11,852 in current monthly income. This is an exceptional opportunity for an owner-user, with a spacious 3-bedroom unit complemented by a large approximately 500 SF finished basement with half bath, offering significant potential for additional living space, home office, or added income. Three of the five units, including the owner’s unit, have been renovated with modern kitchens and baths, providing a strong mix of turnkey and value-add potential. The owner’s unit features in-unit washer and dryer, while the remaining units benefit from on-site coin-operated laundry, creating additional income potential. The property also offers on-site parking with covered carport spaces and further upside through implementing parking and laundry income. With strong in-place cash flow and approximately 12% rental upside, this is a rare opportunity in a highly desirable Berkeley location.

2045 Emerson St, Berkeley

Listing courtesy of Willem Bos from COMPASS. 916-698-9954

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