Welcome to 1431 Derby Street, a charming Craftsman home built in 1930, located in a prime, quiet, and well-established neighborhood in SW Berkeley. This single-story residence features 3 bedrooms and 2 bathrooms, offering both comfort and convenience. Inside, you'll find a fabulous kitchen designed for entertainment, flowing seamlessly into a large dining room perfect for gatherings. From the dining room, step outside to a cozy patio, ideal for relaxation. The primary bedroom features an en suite bath, two closets and a walk-out deck. The property also includes two separate on-site apartments, generating an annual income of $40,000 with substantial tax benefits. Nestled on a picturesque tree-lined street, this home is just a few blocks from San Pablo Park, which offers tennis and basketball courts, a baseball field, and a meeting hall. The location provides easy access to three different BART stations and is nearly equidistant from both Berkeley Bowl markets. Additionally, it is close to the bustling Downtown Berkeley Art District and UC Berkeley. This property combines timeless charm, modern income potential, and an ideal location for a perfect living experience.