1365 Neilson St, Berkeley, CA 94702

Rare opportunity to redevelop special 1940s Westbrae property in prime location. Flexible below-market owner financing and/or project collaboration. Sewer lateral complete; New survey & as-built drawings with CAD and Vectorworks. Grandfathered permit for a 13kw solar system with 20 years of guaranteed NEM2 PG&E generation credits at 4x the current lower rates: projected to save over $200,000 in energy costs over the guaranteed period on install cost of $45k. With convenient access to North Berkeley BART, Monterey Market, Whole Foods, Berkeley Horticultural Nursery, Acme Bakery, GIOIA pizzeria, coffeehouses, bike stores, bagel stores, community gardens, sports courts, parks and much more, the wonderful Westbrae is the ultimate east bay lifestyle location. Current duplex layout is suitable for reconfiguring as 3/2 owner-occupied floorplan, or remodel as two partner-perfect townhouse style TIC units, or add a 2nd level to create an expansive home! Two free-standing 195ft vaulted-roof garage units on the spacious lot provide additional options for flexible uses. This former rental was removed from the Berkeley rental market, and is subject to re-rental restrictions per applicable Berkeley municipal code.