5.5% cap fully leased turnkey 5 unit rental across from Alta Bates Medical Hospital and 1 mile from UC Berkeley. Enjoy this fully stabilized investment with 3 of 5 units fully remodeled and the remaining 2 in excellent condition. Recent exterior paint, updates, and maintenance means everything is ready to go. Located in a high demand area with Whole Foods and shopping just blocks away, this is an excellent addition to your investment portfolio.
Looking for a high cash-flow investment with incredible potential. Don’t miss this all-vacant duplex, each unit offering 2 bedrooms and 1 bathroom! The property features separate electric and gas meters, private entrances, and has been fully remodeled with new kitchen cabinets, modern appliances, hardwood flooring, and fresh interior paint. Each unit includes a spacious living room, formal dining area, two generous bedrooms, and a full bathroom, along with in-unit laundry setups. The property also offers a long driveway for ample parking and a low-maintenance backyard. Plus, there’s potential to convert the garage into an ADU—just check with the Berkeley planning department for details. Located within walking distance of UC Berkeley, this is an ideal investment opportunity!
Great opportunity for increased income. Great location near transportation, shopping, University and more.
Location, Location, Location! This Berkeley 4-Plex has a total of 6 bedrooms, 4 bathrooms and over 2700 sqft of living space. Located in the Berkeley Elmwood neighborhood walking distance to UC Berkeley and close to College Ave shops, restaurants and the Ashby BART. New owners can continue to use the current property manager if desired. Upper unit 2808 is a 2 bed, 1 bath unit and has a large living / dining room with cathedral ceilings, skylights, loft and deck. Recently installed dishwasher, stove/oven and new electrical. Upper unit 2808 A is a 1 bed, 1 bath unit with a TREX type deck. Recently had a large new window installed in the kitchen and is freshly painted. Lower rear unit 2810 A is a 2 bed, 1 bath and was fully renovated in 2023. Lower front unit 2810 is a 1 bed, 1 bath. Located near-Emerson Elementary School (about 1 mile), UC Berkeley Campus (1 mile to center of campus), Claremont Club and Spa (1 mile away), Berkeley Tennis Club (1 mile away), Safeway (1.2 miles away), Willard Park (3 blocks away). 2 of 4 units rented with new estimated total monthly rent when all units are rented: $10,885.86. Yearly income when all units are rented: $130,630.32. One unit is currently vacant. Do not disturb occupants.
LOCATION, LOCATION, LOCATION!!! 96 Walkscore! 98 Bikescore! ALBANY, INCOME large 4+ bed/2bath main house built in the 20's & 4plex right next door built in the 40's on the same parcel. Main house has beautifully refinished hardwood and tile floors, & spa like bedroom. The house has been updated. The 4plex has (3) 2bedrooms & (1) 1bedroom units, 2 units have gorgeous fireplaces. 3 of the 4 units have been fully remodeled with modern kitchens with dishwashers, dazzling hardwoods and tiles, new tubs and the like. 1 unit has been mostly updates to hardwood, tile floors, and kitchen cabinets were modernized. This is a very unique property and ideal for an owner occupier to live in the 4 bedroom 2 bath structure across the driveway from the 4plex. Albany schools! Solano Ave is steps away. These units have historically rented back to back! Own in one of the last cities with no rent control!
The median home value in Berkeley, CA is $1,320,600. This is higher 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 $1,320,600. 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 94705 has a population of 119,607. Berkeley 94705 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 94705 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 94705 is 32.1 years.
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.