7.42% current Cap Rate. Unlock the potential of this exceptional mixed-use property located just steps from the University of Berkeley campus! The spacious ground floor features a vacant restaurant space that was formerly home to the renowned Tai Shan Chinese restaurant, complete with a fully equipped kitchenperfect for an owner-operator looking to start their own culinary venture. This setup allows the owner to operate their business while receiving rental income from the upper residential units, effectively offsetting expenses. The upper level consists of three residential units, with two units currently tenant-occupied and one additional unit available for immediate leasing or owner occupancy. Additionally, there is a bonus unit located in the back of the property, further enhancing your investment potential. Situated on high-traffic Telegraph Avenue, this property offers excellent visibility and foot traffic, making it ideal for a variety of business endeavors. Whether you're an investor seeking a property with multiple income streams or an entrepreneur ready to launch your dream restaurant, this property is a must-see. Don't miss out on this incredible opportunity in a vibrant and sought-after Berkeley neighborhood!
Fantastic 4plex with detached house in rear (triplex building plus the detached house). Ideal for owner occupant in back house. All units are 2br & 1ba and there is ample off street parking. Very well located just 1.8 miles (6 minutes) from UC Berkeley, 1.5 miles (5 minutes) from BART, 1 mile (2 minutes) from Berkeley bowl, 2 miles (5 minutes) from Whole Foods and close to lots of shopping, dining, freeway and public transportation.
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!
New Ground Up Construction priced transparently- 2 Homes on 1 parcel lot. Welcome to this stunning new construction in Berkeley, CA! This beautifully designed 3-bedroom, 3-bathroom, and 1 bed/ 1 bath guest house with high ceilings, offer the perfect blend of contemporary style and functional living. Front house has a main floor bedroom. Enjoy ten-foot ceilings, an open-concept floor plan that seamlessly integrates the living, dining, and kitchen areas. Modern Finishes: High-end finishes and fixtures throughout, including capacity to add stainless steel appliances and Microcrystalline engineered composite glass slab countertops. Generously sized bedrooms, and closets, including a luxurious master suite with an en-suite bathroom. Built with sustainability in mind, featuring energy-efficient appliances and eco-friendly materials. Don't miss the opportunity to own these two exceptional property!
Dressed to the Nines! the moment you step through the front door you will be transported to luxury and elegance. Secreted away in Central Berkeley, modern updates blend seamlessly with vintage details. The front Unit has two bedrooms, one full baths, fully remodeled kitchen and laundry area with all new appliances, new paint inside and out, High grade laminated floors, bathroom (all done in 2024). Back unit is enjoyable with upgrades and updates throughout. A modern one bedroom, one bath spacious and refreshing. This property is easily converted to be used for one family or keep as income property. A shared enclosed yard is in back with new fence and new yard. For those who love unique properties, you don't want to miss this! It's private, yet close to coffee, food and Downtown Berkeley. Easily accessible to Ashby BART. OPEN HOUSE 12/8/2024 1-4 PM
Great opportunity for increased income. Great location near transportation, shopping, University and more.
Introducing a unique opportunity to own a 12-unit apartment complex, each featuring 1 bedroom and 1 bath, plus an unfinished top unit suite with 2 bedrooms and 1 bath. Located just steps from UC Berkeley and only two blocks from the lively Telegraph Avenue, this property is perfectly positioned to attract tenants seeking convenience and a vibrant community. The complex offers excellent walkability, with easy access to campus, diverse dining options, unique shops, and cultural attractions. This property is ideal for investors looking to expand their portfolio in a highly desirable area. Don’t miss this chance to secure a rare property in the heart of South Berkeley. Buyers/ Investors are encouraged to verify the total square footage and lot size through public records for accuracy. All available reports on the property, including inspections, assessments, and permits, have been completed and are ready for review upon request. This is a unique investment opportunity with expansion potential—schedule a showing to explore all possibilities.
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). 3 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.
2480 Virginia St presents an exceptional opportunity to acquire a value-add apartment building located in the coveted Northside/Hilltop neighborhood of Berkeley, CA. The property is situated just 3 blocks from UC Berkeley, the # 1 public school is the United States. Built in 1949, this 7,142 SF structure is comprised of 8 apartment units spanning 2 stories. The building is situated on a 7,350 SF / 0.17 acre lot and features tuck-under parking for 8 vehicles, a storage room with 8 private storage closets, and an on-site laundry facility. The property boasts a mix of 5 1-bed units & 3 2-bed units, one of which features a private balcony. The units are large with an avg. unit size of 819 SF and present an opportunity to increase the bedroom count. The tuck-under parking, storage room, and laundry facility provide an opportunity to complete accessory dwelling unit (ADU) conversions to increase the unit count. As of the 2024 Fall semester, there are nearly 45,900 students enrolled at UC Berkeley, and the university can only provide housing for approximately 25% of the student population. With UC Berkeley experiencing a steady increase in student enrollment and a significant shortage of student housing, there's high demand for modern accommodations with student-focused amenities.
1700 Le Roy Ave presents an exceptional opportunity to acquire a value-add apartment building located in the coveted Northside/Hilltop neighborhood of Berkeley, CA. The property is situated just 3 blocks from UC Berkeley, the # 1 public school is the United States. Built in 1930, this 16,950 SF multifamily investment property is comprised of 15 apartment units spanning 3 stories. The building is situated on a 12,500 SF / 0.29 acre lot and features an attractive courtyard, a secured garage with 16 parking spaces, and an on-site laundry facility. The property boasts a diverse unit mix of 1 studio, 10 1-bedroom units, 3 2-bedroom units, and 1 4-bedroom unit. 4 units are 2-story townhome style units, all of which feature private balconies. The avg. unit size at the property is 848 SF and all but one unit have a formal dining room/area, presenting the unique opportunity to add at least one bedroom in each unit. As of the 2024 Fall semester, there are nearly 45,900 students enrolled at UC Berkeley, and the university can only provide housing for approximately 25% of the student population. With UC Berkeley experiencing a steady increase in student enrollment and a significant shortage of student housing, there's high demand for modern accommodations with student-focused amenities.
Great opportunity! A truly remarkable fourplex with 4 enormous flats on a huge level lot nestled in the heart of the famous Berkeley Gourmet District (Chez Panisse, Cheeseboard Collective, Original Peet's), located 2 blocks north of the UC Berkeley Campus and 4 blocks east of bustling Shattuck Ave. Each unit is approx 1,000 square feet, with separate large living room, formal dining room, big bedroom, breakfast nook, and formal entry halls. The larger-than-average units will always be in strong demand with a large, rotating pool of student renters willing to pay top-dollar to get the most from their collegiate experience. Lot is 6,250 square feet, enough space for possible ADU or additional units. It’s paradise! UC campus, BART, and a myriad of fine Berkeley cuisine are all just a stone’s throw away. With a WalkScore of 97 and BikeScore of 93. All the units will be vacant by 7/31/2025. This ideal geographic location means the new owner can command monthly rents higher than average in Berkeley’s rental market. Current occupants generate an impressive amount of cash flow (approximately $20,000 per month, all UCB students)and that number is poised to increase.
3005 Harper St is Spacious 5-Units Multi Family House in Prime Berkeley Location.(incoulding unit 3001/unit 3001A/3003/3005/3007) ****This exceptional property features 13 bedrooms and 10 bathrooms across 5 units, located just a 25-minute walk or a 9-minute bike ride to the UC Berkeley campus. A quick 5-minute walk takes you to the BART station, making commuting a breeze. Situated in a safe and peaceful neighborhood, this home offers a rare combination of quiet living and prime accessibility. ****one Year New ADU: Includes paid-off solar panels, AC, and modern, energy-efficient features. ****Prime Location: Close to Highway 580, Whole Foods, Costco, dining options, UC Berkeley, and major tech companies. ****Safe and Quiet Community: Well-maintained with lush landscaping, providing a serene and secure environment perfect for families, students, and professionals alike. With an estimated CAP Rate 5.73%(or higher), this is a rare opportunity to invest in one of Berkeley's most sought-after areas! ****Offering Memorandum included in disclosure package. ****Open house on Sat. 10/26 and Sun. 10/27. ****PLEASE DO NOT DISTURB TENANTS
Opportunity Knocks!!!! Fantastic fixer-upper, this south Berkeley duplex offers endless possibilities for renovation, updating, and customization; allowing you to design a space that perfectly suits your needs and style. With two separate units, you have the flexibility to live in one unit while renting the other or transform both units into income-generating property. Upstairs unit is currently vacant, offering you the freedom to renovate, Downstairs unit is owner-occupied, but soon to be vacant. Downstairs has nice size living room and formal dining room, 3 bedrooms, 3 baths, laundry room and a bonus room, The upstairs unit has 3 bedrooms and 1 bath and a bonus room. The property features a backyard, perfect for outdoor gatherings or gardening, off street parking for 2 tandem cars in driveway, Prime Location: Convenience: Close to major freeways, shopping, parks, and local amenities Walkability: enjoy easy access to nearby attractions Cycling-Friendly: perfect for cyclists! Transit Accessibility:
Compass Commercial is thrilled to present 1507 Prince Street In Berkeley, a property that has undergone recent renovations, bringing it up to modern standards. The two-story mixed-use building, a detached Victorian-style home, and a gated parking lot now feature 13 units, four ground-floor retail spaces, and nine residential units across two buildings. Seven of the apartment units have one bedroom and one bathroom, one unit has two bedrooms and one bathroom, and the detached home boasts four bedrooms and two bathrooms. The gated parking lot offers approximately five spaces, making it a convenient feature for residents. 1507 Prince Street is ideally situated in the vibrant South Berkeley neighborhood, offering a wealth of amenities within easy reach. Residents can enjoy the proximity to parks, restaurants, shops, and public transportation. The property is also conveniently located near multiple freeways and public transportation, making it easy to get around. Downtown Berkeley and UC Berkeley are just a few minutes away, adding to the property's appeal.
Built in 1904 and beaming with Victorian charm, this Golden Duplex greets you with a charming garden entrance. In the upper unit, discover original hardwood flooring, Victorian molding and tall ceilings. The eat-in kitchen flows seamlessly into the living room, creating an open, bright space to enjoy. Two spacious bedrooms, one bathroom, and a large attic with development potential complete the upper unit. The attic offers 985 square feet of additional usable space not reflected in the listed square footage. Head to the lower unit to find continued Victorian details, hardwood floors, an eat-in kitchen, two large bedrooms, and one bathroom. Both duplex units include laundry hookups. The large backyard hosts ample space to practice your green thumb and entertain. The newly built ADU is detached and offers an additional studio unit with a loft. The ADU is perfect for hosting guests, using as a home office or increasing the property's income potential. This complex is ideally located in South Berkeley, near Berkeley Bowl, Whole Foods, AC Transit stops, and Ashby Bart Station!
PRIDE OF OWNERSHIP, stunning LIVE WORK Owner user property w/urban views, PERFECT FOR ARTISTS, writers and coders. Radiant heated concrete floors and high ceilings on entry level, AC in all rooms. Currently 9-12 office or bedrooms + 3 bedroom penthouse. Or artist spaces + 2 full kitchens, 1 partial kitchen + 3 bathrooms. STUNNING GARDEN with water feature. 5 rooms open to garden, deck or private patio. METERED to be divided into 3 live/work condos...OR...convert to 3 residential Condos.
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!
Discover the potential of this Berkeley duplex, a fantastic fixer-upper with dual-income opportunities and abundant possibilities. One unit is currently vacant, offering you the freedom to renovate or move in, while the other unit is tenant-occupied, providing immediate rental income. The property features a spacious backyard, perfect for outdoor gatherings or gardening, and includes convenient laundry hookups in each unit. Situated in a prime location, this duplex is within walking distance to a nearby school, and just a short walk or drive to an array of dining options, shopping venues, and major freeways. With its great layout and desirable location, this property is a rare find that combines potential and convenience. Currently a tenant is living in the top unit, and will be sold as-is with the tenant in place.
Explore the exciting potential of this Berkeley fourplex, a cosmetic fixer-upper with excellent investment opportunities. Each unit offers its own unique charm and the potential for updates, as well as the potential for growing rents. The property features a generous backyard, ideal for outdoor enjoyment or possible enhancements. Ideally located, it’s within walking distance to a local school and just a short drive from a variety of dining options, shopping centers, and major freeways. This fourplex blends space and convenience, making it a valuable find for both investors and those looking to create their ideal living situation. All Units are currently occupied, as is, with tenants in place.
Property Tour: Tues, 11/12: 1PM - 2:30PM. Welcome to 1716 Rose St, a versatile and well-appointed property in the heart of North Berkeley. This multifaceted building offers an array of living options, including a spacious 2-bedroom, 1-bath unit that can be converted into a 4-bedroom residence, two charming 1-bedroom, 1-bath units with high ceilings, and two large 3-bedroom, 2-bath units. With over 4,251 square feet of total living space, each unit averages 850 square feet, providing ample room for comfortable, modern living. The on-site shared laundry facilities add convenience and appeal, making it an attractive option for both tenants and owner-occupiers. This property is an ideal turnkey investment opportunity. Historically a successful medium-term rental, 1716 Rose St is being sold fully furnished, allowing investors to step into immediate cash flow with nearly $20,000 per month in gross income. Its meticulously maintained condition, thanks to consistent rental demand, ensures a hassle-free purchase with strong in-place cash flow. Moreover, with all units potentially vacant upon sale, owner-occupiers have the rare chance to personalize their living space or handpick tenants to suit their needs. All units can be delivered VACANT.
To access the marketing package copy/paste: https://bit.ly/kitehillre. 1722 Walnut St is a rare opportunity to acquire an apartment building in North Berkeley consisting of ten 1 bed, 1 bath units. The building is currently fully leased as furnished rentals, providing a strong in-place income stream, with all furniture included in the sale. Located just steps from UC Berkeley, the property offers a highly desirable location in one of the nation’s top academic and cultural hubs. The property offers a flexible investment strategy for the next owner. As units become vacant, there is the option to renovate and lease at market rates or continue the existing furnished rental model for maximum returns. Four of the units already feature upgraded, open-concept kitchens, enhancing tenant satisfaction, while all units retain beautiful original hardwood floors, lending charm and character. Additionally, the building includes convenient on-site coin-operated laundry facilities and a sunny shared backyard for tenants to enjoy. Meticulously maintained by the same owner for 37 years, the building is in excellent condition.
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.