Yesterday's Buzz in Berkeley

Yesterday I held open 2218 Blake Street in Berkeley, a 1890 Victorian house near UC Berkeley campus. When I arrived at the house people were lined up early for look at this multiple unit property in the heart of Berkeley listed for $395,000.  I immediately opened the house and started talking to the crowd of people that formed on the old wooden front porch.  People wanted to know more about this house, this current real estate market and the state of appraisals.  At 5:30 p.m., an hour and a half after the open was scheduled to close, I finally was able to lock the doors. Here is the scoop. This property is 3 units per public record, but possibly just two units, but looks as if it was built as a single family home.  (This property is listed with my colleague Barbara Hendrickson and neither she, I,  or Red Oak guarantee this information, please go to the City of Berkeley to check on the legal status.)  This is a trust sale with independent administration, has tons of original details and is a fixer.  I believe this home will not qualify for FHA financing and after one Broker's tour and one Sunday Open House it has interested parties.    All in all about 100 people came to this Sunday Open house  as buyers are BACK and location is key.