Courtesy: Coldwell Banker Realty
510-486-1495
Fully Occupied 4-Unit Value-Add Opportunity in Berkeley's West Berkeley Corridor! This uniform four-unit multifamily asset features all one-bedroom, one-bathroom apartments at 588 SF each, with four dedicated surface parking spaces a rare and valuable amenity in this walkable Berkeley submarket. 100% occupied with in-place rents currently running 8% below market, the property offers investors dependable in-place income (5.40% cap rate) plus clear upside as rents move toward market levels (6.17% pro forma cap). Individually metered electric and gas keep operating costs predictable, while the property's location along San Pablo Avenue one of the East Bay's most established residential and commercial corridors supports strong, consistent renter demand. Close to UC Berkeley, regional transportation, and vibrant retail and dining, this well-positioned asset combines a clean, easy-to-manage unit mix with genuine rent growth potential in a supply-constrained multifamily market. Priced at $1,198,000 ($299,500/unit, $509/SF).
Fully Occupied 4-Unit Value-Add Opportunity on Berkeley's San Pablo Avenue Corridor! This uniform four-unit multifamily asset features all one-bedroom, one-bathroom apartments at 588 SF each, plus four surface parking spaces a rare and valuable amenity in this walkable Berkeley submarket. 100% occupied with in-place rents currently running 8% below market, the property offers investors dependable in-place income (5.38% cap rate) plus clear upside as rents move toward market levels (6.13% pro forma cap). Individually metered electric and gas keep operating costs predictable, while the property's location along the vibrant San Pablo Avenue corridor steps from local restaurants, cafes, and neighborhood retail supports strong, consistent renter demand. Zoned C-W (West Berkeley Commercial) under the Avenue Commercial General Plan, this well-positioned asset combines a clean, easy-to-manage unit mix with genuine rent growth potential in one of the East Bay's most enduring rental markets. Priced at $1,198,000 ($299,500/unit, $509/SF).
Fantastic opportunity in the heart of Lower Elmwood! This well-located fourplex sits on a desirable corner lot along a charming, tree-lined street and offers the added benefit of one vacant unit. Highlights include a newer roof and sewer compliance. Ideally situated close to UC Berkeley and just a few blocks from Berkeley Bowl, with easy access to neighborhood shops, restaurants, and everyday conveniences. With a Walk Score of 87 and an exceptional Bike Score of 100, this is a prime Berkeley location with outstanding accessibility.
3228 Adeline Street is a 7-unit mixed-use building in South Berkeley, offered at $3,500,000 with a 7.35% current cap rate and an 8.64 GRM. Built in 1904, the three-story building has 9,068 square feet and includes five furnished residential units leased by the bed plus two retail suites fronting the Adeline corridor. Each residential unit has its own washer and dryer, and residents share an attic-level lounge. The property also offers four off-street parking spaces and professional management. The owner has invested $1,680,445 in upgrades since 2016. Preliminary plans have been drawn for a 563 square foot, 4-bedroom, 2-bath detached ADU at the rear of the property. The rent roll shows 9.71% upside to market. Ashby BART is 0.2 miles away, the UC Berkeley campus is 1.5 miles away, and the address has a 95 Walk Score.
To access the marketing package copy/paste: https://bit.ly/kitehillre 2307–2309 Prince Street offers four units near Telegraph Avenue, with three residences tastefully updated and an approved permit for a two-bedroom, one-bathroom garage conversion ADU that creates room to grow. The building spans 3,815 square feet on an approximately 3,600-square-foot lot. Its unit mix includes two one-bedroom, one-bathroom units, a four-bedroom, two-bathroom unit, and a three-bedroom, one-bathroom unit. Gas and electricity are separately metered for each unit; the owner pays for water and garbage. Substantial storage space offers potential for additional income. The permitted garage conversion would add an approximately 800-square-foot ADU, projected to generate $3,000–$3,500 per month once completed and leased. Telegraph Avenue’s restaurants and shops, Whole Foods Market, neighborhood parks, Ashby BART, and UC Berkeley are nearby. An investor can explore the property’s additional income opportunities, while an owner occupant could live in the three-bedroom unit and collect an estimated $11,000 per month from the other four units after completing and leasing the ADU.
Courtesy: Kite Hill Real Estate
855-450-0442
The Colliers Bay Area Multifamily Team is pleased to present 2441 Haste Street(New Sequoia Apartments), a premier mixed-use apartment community situated on a 0.26-acre parcel in Berkeley, California. Comprising a modern residential building constructed in 2016, the property offers residents high-end amenities and an irreplaceable location just steps from the University of California, Berkeley campus, major employment hubs, and premier retail corridors. 2441 Haste Street presents investors with immediate, stable yield paired with substantial long-term appreciation potential offering an attractive student housing multifamily investment. Constructed in 2016, New Sequoia Apartments spans 43,336 gross square feet and features a desirable mix of (42) spacious residential units and (1) prime ground-floor commercial space. The residential composition includes (1) Studio unit, (8) 1-Bedroom / 1-Bathroom units, and (33) 2-Bedroom / 1-Bathroom units, complemented by a 7,061 SF commercial space currently leased to Mezzo / Raleigh's Pub through 2040. Residents enjoy amenities such as on-site laundry facility, controlled access, community lounge, bike storage, and furnishings in select units. The asset offers an investor a well-located, complementary unit mix suited to one of Berkeley's strongest student housing neighborhoods with a clear path of rent appreciation through lease-up.
Pleased to present 1360 Berkeley Way, a nineteen (19)-unit multifamily property situated on a 5,625 square foot lot in one of Berkeley's most sought-after neighborhoods. Built in 1929, the approximately 11,011 square foot building features an attractive unit mix of eleven (11) one-bedroom/one-bath units, seven (7) studio units, and one (1) one-bedroom/one-bath penthouse unit, offering broad tenant appeal and stable in-place income. The property has been well maintained and benefits from significant capital improvements, including a newer roof, updated electrical systems, renovated units, dual-pane windows, a newer boiler, water heater, and fresh exterior paint, reducing near-term capital expenditure needs for a new owner. With its desirable unit mix, strong in-place cash flow, and exceptional Berkeley location, 1360 Berkeley Way presents a compelling investment opportunity for investors seeking long-term stability and appreciation in one of the East Bay's premier rental markets. 1360 Berkeley Way is ideally located in Central Berkeley, just blocks from North Berkeley BART Station and within walking distance of the city's renowned dining, shopping, and cultural amenities. Residents enjoy convenient access to Downtown Berkeley, the Gourmet Ghetto, the University of California, Berkeley, and Ohlone Park, while nearby Interstate 80 and University Avenue provide seamless connectivity throughout the East Bay and San Francisco. The property's highly walkable location, excellent public transportation options, and proximity to major employment centers continue to drive strong rental demand, making 1360 Berkeley Way an exceptionally well-positioned multifamily investment in one of the Bay Area's most desirable rental markets.
Stately Berkeley Fourplex Nestled in the Heart of Elmwood. This beautifully renovated Residential Income Property offers four outstanding 1BD/1BA units, each thoughtfully designed for serenity and modern-day living. Original vintage details seamlessly blend with contemporary designer touches, creating inviting spaces with timeless character. The well-appointed kitchens have been thoughtfully remodeled with classic cabinetry, quartz countertops, and stainless-steel appliances. Each unit opens through the kitchen to its own expansive deck, with all four decks providing direct access to the exquisite grounds below, complete with a stone fireplace and vintage greenhouse. The lush, private outdoor spaces provide ample room for farm-to-table gardening, entertaining, or play. Inside, the open living and dining areas create welcoming settings for spirited gatherings or quiet evenings at home. Light-filled bedrooms and updated bathrooms complete the serene retreats, while the exceptional indoor/outdoor flow embodies the best of California living. The location is truly exceptional — a stone’s throw to the acclaimed restaurants and shops on College Avenue, and minutes to Star Market, Claremont Club & Spa, UC Berkeley, and public transit.
Courtesy: SEXTON GROUP, R.E.
510-549-1003
2701 Ridge Road presents a rare opportunity to acquire an almost fully vacant 12-unit apartment building in Berkeley's highly desirable Northside neighborhood. Located within walking distance of the UC Berkeley campus, the property offers tenants exceptional proximity to the university, neighborhood restaurants, cafs, shopping, and public transportation. Constructed in 1959, the approximately 10,404-square-foot building consists of three one-bedroom units and nine two-bedroom units. The property also features ten parking spaces, on-site laundry, a shared backyard, separately metered gas and electricity, and double-pane windows. Nine of the building's twelve apartments are currently vacant, with an additional unit scheduled to become vacant, providing an incoming owner with immediate flexibility to renovate and lease the units at market rents. The substantial vacancy also creates an opportunity to implement a cohesive renovation and repositioning program with minimal disruption from existing tenancies. With its highly desirable location near UC Berkeley, favorable unit mix, on-site parking, and significant vacancy, 2701 Ridge Road offers a compelling opportunity to reposition a well-located multifamily asset in one of Berkeley's strongest rental markets.
Presenting 2120 Grant Street, a turnkey property located on a quiet tree lined street . The building comprises 9 spacious units, each featuring private balconies and modern amenities. With over $1,000,000 in recent capital improvements, including seismic retrofit and unit remodeling, this property offers exceptional value. Ideally situated just six blocks from UC Berkeley, it appeals to both students and working professionals seeking proximity to the vibrant campus. The mix of eight 2-bed 2-bath and one 3-bed 2-bath unit is unique to this submarket, appealing to a broad tenant base. The property also has city approved plans for two additional 3-bed 2-bath ADU's, further increasing the property's income potential. Ideally located on a quiet street bear downtown Berkeley, the property's location appeals to both students and young professionals. Residents benefit from the close proximity to BART, UC Berkeley and Shattuck Ave. With an abundance of national retailers and local businesses nearby, the area offers an array of dining and retail options. North Berkeley's Gourmet Ghetto, home to Chez Panisse and Cheese Board, is also a short walk away.
Showing: Sunday 9/13 from 1-3pm; www.1226haskell.com; Separately Metered For All Utilities; Unit Mix Includes a Front 2-Bedroom, 1-Bathroom Unit of 725 Square Feet, a Rear 2-Bedroom, 1-Bathroom Unit of 725 Square Feet With a Private Backyard, and an Upstairs Fully Remodeled 3-Bedroom, 2-Bathroom Unit of 950 Square Feet Featuring a Primary Suite; Improvements Include a Newer Roof and Fresh Exterior Paint, Helping Minimize Future Maintenance Expenses; Email Agent on Website For a Complete Marketing Package.
2425 Grant Street is a well-maintained 10-unit apartment building ideally located in central Berkeley. The property features an attractive unit mix of nine two-bedroom/one-bathroom units and one studio, totaling approximately 7,297 square feet on a 6,910-square-foot lot. Nine of the ten units have been remodeled with contemporary finishes, while recent capital improvements include a seismic retrofit, exterior painting, and updated landscaping. Additional amenities include nine off-street parking spaces, on-site coin-operated laundry, and a large owner’s storage room. Each unit is separately metered for water, gas, and electricity, helping reduce operating expenses and maximize cash flow. With spacious floor plans, updated interiors, individual utility metering, ample parking, and significant completed improvements, 2425 Grant Street presents an attractive multifamily investment opportunity in the heart of Berkeley.
Great location 1/2 block from Ashby BART station and Lorin District Shops. Coin op laundry. Parking for all tenants. Well maintained building. Freshly painted, good tenant separation. Recent improvements include Full Exterior Paint, New Vapor Barrier in the crawl space and upgrades to Unit As Kitchen.
2360 Ellsworth St sits one block from the UC Berkeley campus edge in South Berkeley, where demand is driven by enrollment. Seven units and twenty six beds, leased by the bed or by the unit, so ownership runs whichever strategy the market rewards. A 6.60% cap and 9.22 GRM going in at 100% bed occupancy, with rents nearly 10% below market. The kicker: the seller is willing to sign a master lease at $452,092 per year, lifting day one returns to a 7.22% cap and 6.76% cash-on-cash with zero leasing risk, and the owner still keeps $24,272 a year of parking and other income. Collect steady, hands-off income or step in and operate for the upside. The heavy lifting is done: $370,531 of capital invested since 2013, seismic retrofit complete, garage parking, common laundry, renovated quartz kitchens. Offered at $4,350,000, $167,308 per bed.
To access the marketing package copy/paste: https://bit.ly/kitehillre Kite Hill Real Estate presents 2427 McKinley Ave, a well-maintained 6-unit mid-century apartment building located in one of Berkeley's most desirable rental markets. Situated just 6–7 blocks from UC Berkeley and only a few blocks from Downtown Berkeley BART, the property offers exceptional access to campus, public transit, restaurants, cafés, grocery stores, and the vibrant Downtown Berkeley commercial district. The property features an attractive unit mix of (4) 1-bedroom/1-bath units and (2) studio units, appealing to Berkeley's consistently strong demand from students, faculty, and young professionals. The property is 100% occupied and generates over $140,000 in annual gross income, providing stable in-place cash flow. Additional amenities include 1:1 covered garage parking, on-site coin-operated laundry, and 4 of the 6 units have been renovated, enhancing tenant appeal while reducing future capital needs. Ownership has completed several major improvements, including the mandatory soft-story seismic retrofit and sewer lateral compliance, allowing investors to acquire a well-maintained asset with significant infrastructure work already completed. Built in 1962, 2427 McKinley Avenue offers a rare combination of a premier Berkeley location, strong current income, and long-term investment potential.
This might just be the Berkeley opportunity you've been searching for! Located just eight short blocks to the world renowned, UC Berkeley Campus with a total enrollment of around 46,000 students (undergrad/graduate) and ranked #1 in Top Public Schools according to U.S. News and World Report. This four unit, two-story building consists of two, 1-Bed units and two, 2-Bed Units for a total of 3,402sf of living space. Units have good natural light, and theres a charming variety of built-in cabinets and bookshelves. Building sits forward on a 6,700sf lot that may support the development of 2 additional detached ADUs. Freshly painted exterior, classy front terrazzo stairs and backyard, where residents have off street parking, stored bikes and a gardening area. Excellent Public K-12 schools within blocks. Inspiring and dynamic location highlights include, Telegraph Avenue's eclectic shops, bakeries, cafes, restaurants and high-quality culinary shopping choices (Berkeley Bowl Marketplace and Whole Foods grocery stores). Bike and Walk scores are top-tier, Public Transportation options are excellent, nice neighborhood parks. This is a truly a perfect location for students, professionals, and anyone seeking the vibrant Berkeley lifestyle with easy access to transit, nature, and the city.
Turnkey Berkeley Fourplex Across from Ashby BART - Renovated with Views Command top market rents with this turnkey, professionally managed 4-unit building located directly across from the Ashby BART station. This premium asset consists of four spacious 1-bedroom, 1-bathroom units, with three of the four units completely renovated in recent years. Boasting classic hardwood floors, efficient wall-mounted heaters, and a separate detached garage structure, this commuter's dream offers immediate, modernized cash flow in one of Berkeley's most accessible transit hubs. Property Highlights Premium Renovation & Finishes: Three out of the four 1BD/1BA units have been beautifully updated within the past few years and feature gorgeous, classic hardwood floors and efficient wall-mounted heaters. Unbeatable Transit Location: Located directly across the street from the Ashby BART station and Ashby Avenue, offering tenants an effortless, car-free commute to San Francisco, Oakland, and the entire Bay Area. Neighborhood Views: Upper units feature a commanding view of the nearby Ed Roberts Campus, a landmark community hub that anchors this vibrant, accessible neighborhood. Smart Layout & Dual Egress: Features two upstairs units and two ground-floor units. Every apartment enjoys a separate entry and a second means of egress leading directly to the backyard. Detached Garage Structure: Standalone building providing highly coveted off-street parking or the exciting potential for a future ADU conversion to add a 5th income stream (buyer to verify with the City of Berkeley). Tenant Oasis Backyard: A fully fenced, peaceful rear yard shaded by mature treesa rare, tranquil escape from the bustling city that boosts tenant retention. Professionally Managed: Meticulously maintained and operated by professional management, ensuring seamless operations and clean books from day one. Location & Lifestyle Walker's & Biker's Paradise: Just steps from the weekly South Berkeley Farmers' Market, local cafes, and the vibrant dining and shopping along Adeline Street and Shattuck Avenue. High-Demand Submarket: An exceptionally low-vacancy location driven by its direct BART proximity, making it a magnet for commuters, UC Berkeley students, and tech professionals alike.
Welcome to 1246 Berkeley Way, presenting an opportunity to acquire a 7-unit multifamily apartment building in the heart of Berkeley, just off University Ave. Built in 1966 and spanning approximately 5,975 sqft of living space on an 8,497 sqft lot, this parcel offers two separate buildings with an ideal unit mix of five 3-bed x 1-bath units and two studio units. Studio unit A will be delivered vacant. There is off-street parking for 7 vehicles. Projected gross monthly rent is $14,662, or $175,944. Close proximity to The Berkeley Marina, North Berkeley BART, UC Berkeley, Berkeley Bowl, Restaurants and Shopping on 4th St, parks, public transportation, and the 80 Freeway makes it a turnkey investment opportunity in an incomparable location. Purchase individually or as part of a portfolio sale. Also available for sale is 5418 Telegraph Ave. Oakland (5 Unit), 712 56th St. Oakland (4 Unit), 3807 High St. Oakland (6 Unit).
939 Channing Way in Berkeley, CA, presents a rare opportunity for investors seeking a well-maintained asset in a great location. The property comprises one upgraded 2-Bed/1-Bath and (5) one-bedroom units, thoughtfully renovated to provide modern amenities with high-quality finishes. These upgrades, along with superior parking amenities, ensure that the property remains competitive in the rental market. Berkeley is widely recognized as one of the most desirable locations in the San Francisco Bay Area. Known for its vibrant culture, world-class educational institutions, and thriving culinary and arts scenes, Berkeley attracts a diverse population of students, professionals, and families. The city’s proximity to major tech hubs, excellent public transportation, and scenic outdoor spaces only add to its allure. This demand for housing in Berkeley continues to drive rental prices upward, making it a prime location for real estate investment.
Courtesy: Compass
510-339-6460
Discover a rare chance to own a stunning 8-unit building in one of Berkeley's most desirable neighborhoods! This well-maintained property exudes pride of ownership and is set on a generous lot that features five reserved parking spots and a convenient community laundry area. Each of the 8 units offers spacious 2-bedroom, 1-bathroom layouts, perfect for a variety of tenants. Several units have been tastefully updated, adding modern touches while retaining their classic charm. Additionally, the property includes a non-conforming manager's unit, providing extra flexibility for onsite management or additional rental income*. Some units also have additional storage and balconies. This is not just an investment; it’s an opportunity to be a part of the rich tapestry of Berkeley, a city known for its eclectic mix of cultures, progressive spirit, and unparalleled intellectual vibrancy. Don’t miss your chance to own a fabulous building in this iconic city—opportunities like this are truly one-of-a-kind! Cap Rate of 6% - Huge upside potential. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information. Buyer must conduct their own investigation with the city and appropriate boards and rely solely on that investigation.
Cap Rate - 4.11% (Current) GRM – 10.39 (Current) Cap Rate – 6.08% (Proforma) GRM – 9.20 (Proforma) We proudly present 2925 Mabel St in Berkeley, CA for sale. The multifamily asset features seven (7) total units across two separate buildings: a classic Victorian-style residence and a separate fourplex in the rear. The Victorian residence was converted into three (3) units, including a 3 bed / 2 bath and two (2) studios, while the fourplex is comprised of four (4) 1 bed / 1 bath units. A new driveway, new electric subpanels in the Victorian, completed sewer lateral, and SB 721 balcony clearance are some of the recent capital improvements. The property allows for multiple value-add strategies. The Victorian residence - which can be delivered vacant - can be converted back into a single-family home, or there is a potential for a lot split allowing the sale of the two buildings independently. Separate meters for electric and gas, and each building has separate water meters (2 in total). Located in Southwest Berkeley, the property is under one (1) mile from Ashby BART or quick access to Highway 80, allowing easy connections to Oakland, San Francisco, and the surrounding East Bay. A short distance to both UC Berkeley and Emeryville activities, the surrounding area offers an abundance of restaurants and shopping.
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 is located in California. Berkeley, California has a population of 119,607. Berkeley is less family-centric than the surrounding county with 29.81% 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 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 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.
