Berkeley CA Multi Family for Sale
$3,600,000
2023 Channing Way Berkeley, CA 94704
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 2011
- Baths:
- MLS#:
- 41087905
ADDITIONAL INFORMATION
We are pleased to present for sale 2023 Channing Way, a newly constructed, turnkey multifamily property. The property consists of six spacious units, all remodeled down to the studs in 2011. The entire property was rebuilt and expanded from it's original floor plan. Two of the units are not subject rent control as the city recognizes as new construction. Since completion, the property has operated with minimal maintenance or vacancy due to the unique layout, location and high construction quality. This is truly a unique opportunity to purchase an irreplaceable property close to UC Berkeley.
$1,625,000
2014 Channing Way Berkeley, CA 94704
- Type:
- Other
- Sq.Ft.:
- 3,699
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.16 Acres
- Year built:
- 1893
- Baths:
- MLS#:
- 425014777
ADDITIONAL INFORMATION
2014 Channing Way presents a stable investment opportunity in the heart of Berkeley, a market known for its strong rental demand and low vacancy rates. Consisting of 6 Units with an appealing mix, consisting of (4) Studios and (2) 2BR/1BA apartments. Just blocks from UC Berkeley, this property benefits from a consistent influx of students, faculty, and professionals, ensuring reliable occupancy year-round. The prime location near Downtown Berkeley's transit, dining, and retail hubs further enhances its desirability, while the city's limited housing supply supports steady rent growth and long-term property appreciation. Investors can expect dependable cash flow and sustained value in one of the Bay Area's most resilient and high-performing rental markets.
$5,675,000
2537 Ellsworth St Berkeley, CA 94704
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 41084589
ADDITIONAL INFORMATION
2537 Ellsworth Street in Berkeley, a turnkey investment with massive renovations in the past year. Situated just blocks from the UC Berkeley campus, 2537 Ellsworth Street offers a rare opportunity to own a fully remodeled nine (9) unit multifamily property in one of the city's most desirable locations. Priced at $5,675,000, this turnkey investment features seven (7) spacious 3-bedroom/2-bathroom units and two (2) 3-bedroom/1.5-bathroom units, all recently updated with modern finishes and high-quality improvements. This property has undergone extensive renovations totaling over $825,000+, including new windows, a secured parking gate, a new roof, and electrical upgrades. With 10 garage spaces and thoughtful capital improvements throughout, it offers both convenience and peace of mind for tenants and investors alike. Located within walking distance of gourmet restaurants, artisan coffee shops, and multiple BART stations, Ellsworth Street combines modern living with urban connectivity. Currently fully occupied by undergraduate students, this property generates strong cash flow with a current in-place cap rate of 5.50%, and a projected market cap rate of 6.58%+
$2,300,000
2610 College Ave Berkeley, CA 94704
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1903
- Baths:
- MLS#:
- 41074598
View additional info
Courtesy: EXP Realty of California
888-584-9427
ADDITIONAL INFORMATION
Welcome to 2610 College Ave located in the tree lined neighborhood of Berkeley Ca. Conveniently located minutes away from UC Berkeley Campus, this property was converted with the intention to rent out to students for residential monthly income. Home has 3 separate rental spaces with 9 total bedrooms, a studio apartment & 5 full bathrooms, with an additional basement that can be renovated and rented out for extra monthly income. Separate entrances for ease of use for students with multiple kitchens. On-site washer and dryer is located at the rear of the property. The large backyard is the perfect place to study or relax after a day of studying. Come visit to see it’s true potential!
$2,280,000
2005 Berkeley Way Berkeley, CA 94704
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1955
- Baths:
- MLS#:
- 41073440
ADDITIONAL INFORMATION
Pleased to present 2005 Berkeley Way, a 5-unit multifamily property located in a prime Berkeley location. The property consists of (1) 2 bedroom/2 bathroom cottage, (3) 2 bedroom/1 bathroom units, (1) 1 bedroom/1 bathroom unit, and 5 gated off-street parking spots. Improvements include unit renovations, upgraded electrical, and a new security gate The property is individually metered for WATER, gas, and electricity keeping expenses low. Being just steps away from the UC Berkeley campus, this property has steady turnover allowing for consistent rent growth. This is an extremely rare opportunity to acquire a great asset in a prized Berkeley location. 2005 Berkeley Way is ideally located for tenants commuting to all points of the Bay Area. Commuters utilizing public transportation will benefit from living one block from city bus lines and 0.3 miles from the Downtown Berkeley BART station. The property is two blocks from the UC Berkeley Campus providing a long-term stable tenant base and steps away from Shattuck and University Avenues allowing endless shopping and restaurant choices. Because of this property's attractive location, it will continue to demand premium tenants and maintain a very low vacancy rate.
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Berkeley Real Estate
The median home value in Berkeley, CA is $825,000. This is lower than the county median home value of $1,034,400. The national median home value is $338,100. The average price of homes sold in Berkeley, CA is $825,000. Approximately 38.75% of Berkeley homes are owned, compared to 50.97% rented, while 10.28% are vacant. Berkeley real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Berkeley real estate agent to arrange a tour today!
Berkeley, California 94704 has a population of 119,607. Berkeley 94704 is less family-centric than the surrounding county with 30.73% of the households containing married families with children. The county average for households married with children is 36.75%.
The median household income in Berkeley, California 94704 is $97,834. The median household income for the surrounding county is $112,017 compared to the national median of $69,021. The median age of people living in Berkeley 94704 is 32.1 years.
Berkeley Weather
The average high temperature in July is 71.6 degrees, with an average low temperature in January of 43.6 degrees. The average rainfall is approximately 25.5 inches per year, with 0 inches of snow per year.