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.
Rare opportunity to own a substantially renovated duplex in a prime North Berkeley location, just blocks from UC Berkeley and an easy walk to campus, Downtown Berkeley, BART, restaurants and shopping. 1818 Milvia features two spacious 3-bedroom, 2-bath residences, each with an open-concept floor plan and a primary bedroom with ensuite bath. Both units have been extensively remodeled with new kitchens, cabinetry, countertops and appliances; updated bathrooms; new flooring, doors, paint and windows; and in-unit washer/dryer hookups. Major systems have also been upgraded, including new water, gas and DWV plumbing, new electrical wiring and subpanels, tankless water heater, and energy-efficient mini-split heating and air conditioning. Gas and electricity are separately metered for each unit. A new driveway provides two valuable off-street parking spaces at the rear. For investors, the combination of 3BR/2BA layouts, ensuite primary bedrooms, in-unit laundry, heat and A/C, parking, updated interiors and proximity to UC Berkeley positions the property for strong rental demand and income potential. For owner-occupants, live in one beautifully renovated residence while generating income from the other. Turnkey condition, extensive upgrades and an exceptional North Berkeley location make 1818 Milvia a compelling opportunity for investors and owner-occupants alike.
A rebuilt loft and a delivered-vacant flat, side by side — a two-unit Berkeley duplex one block off University Avenue. Unit 1542 is an 830 sq ft, 1.5-bath loft: double-height ceilings, open mezzanine, radiant-heated floors, and a full kitchen. Unit 1540 is a 666 sq ft two-bedroom with refinished oak floors and a newer furnace, delivered vacant. Two garages (one available to the buyer), rooftop solar, and gas and water metered per unit. Two BART stations, the Ohlone Greenway, and neighborhood parks are a short walk away. Move into one unit and rent the other. Scheduled rents of $56,400 climb toward $64,800 as the loft resets to market. Offered at $750,000 — $471/sq ft. Duplexes with a unit delivered vacant rarely surface in Berkeley — a chance to step in on your own terms.
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.
2520 Milvia sits less than one mile away from UC Berkeley has been substantially renovated over the past several years. Previously the building was used as medical office, but was renovated/converted for a dorm style student housing use. The lower level contains a restroom, kitchen and four private rooms and the second level contains a restroom and 5 private rooms. The dorm style layout leases into a campus market where 45,882 students compete for housing and the university houses only 24 percent of them, and the same floor plan reads as medical or professional office with generous common area. The next owner can use it for their own business or student housing; a secured surface lot sits behind the building, and a basement provides storage space below. Renovations include 200 amp electrical service & new panels, plumbing upgraded, new tankless water heaters, new central heat and air conditioning, sewer lateral compliance & substantial unit renovations.
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.
One block from UC Berkeley. Four units, ten bedrooms, all vacant. 2713 Ridge Road sits on Berkeley's Northside, one block from campus and minutes from the Euclid Avenue corridor. Nothing here comes with a tenant to work around — ten bedrooms across four units, a blank page for a buyer to fill in from day one, right where the need for a bed near Cal renews every August. Two 2BR/1BA units and two 3BR/1BA units, 3,336 SF on a 5,500 SF lot, built 1943. Five years of ownership reinvestment mean capital goes into interiors, not the envelope: new roof, front stairwell reconstruction, siding repair and paint, new windows, plumbing upgrades, new electrical panels, replaced sewer lateral. Partial bay views. Gas and electricity separately metered. Garage, three permitted street spaces, basement storage rooms, plenty of upside in the garage level for parking or ADU exploration, subject to city approval. Projected gross income $172,800, an 11.5 GRM, $598/SF, $498,750 per unit. Buildings this close to campus rarely trade, and they almost never trade empty. This one is doing both.
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.
1926 Alcatraz Avenue presents an opportunity to acquire a well-located six-unit multifamily property in the desirable South Berkeley neighborhood. Built in 1958, the two-story property consists of six one-bedroom, one-bath units totaling approximately 3,066 rentable square feet. The sale includes two parcels totaling approximately 4,149 square feet, with off-street parking at the front of the building and a shared backyard with lawn area. The property offers a low-maintenance unit mix, stable in-place income, and long-term upside through future unit turnover and strategic improvements. Located approximately half a mile from Ashby BART Station, residents enjoy convenient access to Oakland, San Francisco, and major employment centers throughout the Bay Area. The surrounding neighborhood also provides easy access to shopping, dining, public transportation, and everyday services. With strong Walk and Bike Scores, 1926 Alcatraz Avenue offers an attractive combination of location, income, and long-term investment potential.
Cap Rate - 3.67% (Current) GRM – 10.98 (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.
1610 Milvia Street is a newly renovated 8-unit apartment building located just two blocks from Shattuck Avenue in Berkeley’s Gourmet Ghetto. The property offers a unit mix of four (4) 2-bedroom/1-bath units and four (4) 1-bedroom/1-bath units, each fully remodeled with modern finishes. Recent upgrades include a seismic retrofit, new exterior paint, refreshed landscaping, upgraded electrical systems, and more. The property provides maximum flexibility for the next owner. Each unit is separately metered for electricity, gas, and WATER, reducing operating expenses. Amenities include eight off-street parking spaces, eight private storage closets, and an on-site coin-operated laundry facility. This is a rare opportunity to acquire a fully renovated multifamily asset ready for lease-up in a premier Berkeley location.
www.1533Harmon.com; 12 Turn Key Units Across Two Parcels (1533 & 1537 Harmon St); 11/12 Units Fully Renovated, New Roofs, New Dual Pane Windows, New Driveway, Two New Private/Automatic Garages, Fresh Paint & Signage, Berkeley Ordinances Completed; New Walkways/Balconies, Laundry Room, and More! Rental Upside Still Achievable with a Current Cap of 6.6%; Properties Owned Free and Clear Allows for Unique Financing Options; Email Agent on Website For Complete Marketing Package.
Discover this early 1900s fourplex in a prime Berkeley location, moments from U.C. Berkeley, Elmwood cafés, shops, Berkeley Bowl, Whole Foods, and major transit options. Four 1BD/1BA units with classic details. Separate PG&E, laundry in unit D, and off-street parking with potential for future development. Easy access to campus, parks, and the best of Berkeley living. From exploring the renowned Berkeley Farmer's Market to strolling through nearby parks and green spaces, residents delight in the dynamic lifestyle just moments from their doorstep. This fourplex offers a unique investment opportunity in one of the East Bay's most vibrant communities. Ample parking area in back of parcel.
Rare opportunity for a Berkeley buyer with vision: 5-units spread across three unique buildings on a nearly 7,000-sq-ft lush lot. Charming, with huge gardens and an indoor/outdoor feel, this property features great separation of space, a massive sunny backyard, a verdant fenced front yard, and plenty of blank canvas for future renovation. The original 1905 home is divided into three units: two side-by-side one-bedroom, one-bath units that share the front yard, covered porch, and backyard access. An exterior staircase winds upward to an attic unit with penthouse potential as a light, bright, open-concept loft, overlooking the sprawling yard and tall trees, with views of the Berkeley hills. A standalone two-story cottage, with its own private porch, could easily be upgraded to have gated outdoor space, storage, and additional amenities. Lastly, the commercially zoned streetfront space has a presence and a shape unlike anything else on the block, with great possibility as a work space, art studio, or even a residential conversion pending city review. A separate, new ADU is also a possibility. A rare offering for the buyer seeking for space, potential, and the urban wild.
Exceptional Berkeley six unit investment opportunity in a prime location near UC Berkeley’s North Gate. Set on a large lot, the property features two buildings connected by a central courtyard with access from Hilgard Avenue. The main building at 1655 Euclid Avenue includes four spacious units, each offering 2 bedrooms and 1 bathroom. The second building includes two duplex units at 2522 and 2524 Hilgard Avenue, each with 3 bedrooms and at least 2 bathrooms. Just moments from campus and the shops, cafes, and restaurants along Euclid Avenue, this is a rare opportunity to own a substantial multifamily property in one of Berkeley’s most desirable and walkable neighborhoods. The current Home Energy Score of these two buildings is 4
Rare Elmwood opportunity at 2935 Florence Street — classic Berkeley home plus duplex on a shared lot. Corner location near Ashby Ave, just moments to College Avenue shops, restaurants, and Whole Foods. Main home features original details with modern updates, expansive light-filled living room with near floor-to-ceiling windows and brick fireplace, dining area with French doors to private porch, refreshed kitchen with painted cabinetry and stainless steel appliances, lower-level powder room, and newly landscaped fenced yard. Upstairs offers three spacious bedrooms and a shared bath. Duplex includes two similar one-bedroom, one-bath units with bright living rooms, hardwood floors, and period built-ins — ideal for rental income. Close to Alta Bates, Telegraph Ave, and under one mile to Ashby BART.
Excellent investment opportunity in the heart of Berkeley! This well-maintained seven-unit apartment building at 3302 California Street offers investors the rare chance to own a multi-family property in one of the East Bay’s most desirable rental markets. Ideally located near shopping, restaurants, public transportation, and UC Berkeley, the property benefits from strong rental demand and long-term appreciation potential. Whether you’re looking to expand your investment portfolio or complete a 1031 exchange, this property offers stable income with significant upside in a prime Berkeley location. Don’t miss this opportunity to own a quality income-producing asset in a highly sought-after neighborhood.
Exceptional Craftsman single-family home (1242 Hopkins Street) with additional duplex (1235 A and 1235 B Rose Street) on a single parcel with two-street access. Located in an attractive highly sought after location in one of North Berkeley's prime neighborhoods, conveniently located near public transportation/BART, Westbrae shopping and dining (Monterey Market, Acme Bakery), and parks (Ohlone Trailhead and Cedar Rose Park). A unique property offering an attractive combination of location, character, and long-term income potential.Single-family homes: 1242 Hopkins St“Home Energy Score of [6].”
A rare mixed-use investment opportunity in the heart of Berkeley! This unique property features a versatile commercial space (formerly Berkeley Bait and Tackle) in the front ideal for retail, office, studio or service-based business offering excellent street visibility and steady pedestrian traffic along San Pablo Ave. Situated behind the commercial space is a two story duplex, providing two residential units (one occupied) that generate additional rental income or offer the flexibility for owner occupancy. The combination of commercial and residential uses creates multiple income streams and long term rental potential. Conveniently located near shopping, dining, transportation and major commuter routes this property is well positioned in one of Berkeley's dynamic neighborhoods. Home Energy Score of 2 for 2223. Whether you are an investor seeking a stable income producing asset or an owner-user looking to operate your business while either living onsite or benefiting from residential income, this property presents an exceptional opportunity!
Welcome to the "Golden Duplex" — a rare opportunity to own two identical side-by-side units in one of Berkeley’s most sought-after neighborhoods. It feels like living in two separate, adjacent houses. Each sun-filled unit features a spacious living room with a fireplace, formal dining room, and an eat-in kitchen. Original architectural details abound, including built-ins, hardwood floors, and abundant vintage charm. Additional conveniences include in-unit laundry, private backyard spaces, separate garages, and generous basement storage. Perfectly located in the heart of Berkeley-Berkeley's most coveted neighborhood. Gourmet Ghetto, UC Berkeley campus, Downtown Berkeley Arts District and BART are all within walking distance.
Courtesy: BHHS Drysdale Properties
925-688-1500
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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.
