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.
The property is comprised of 10 units across four adjacent two-story buildings. The first building includes five one-bedroom units, the second building includes four one-bedroom units, the third building includes one two-bedroom unit and the fourth building includes a one-bedroom unit. The building offers 5 attached parking garages as well as off street parking for all units. Located in one of the most desirable neighborhoods in Berkeley, near the 4th St shopping center and North Berkeley BART Station the property is a great investment opportunity for a new owner. With Berkeley's strong rental demand and limited housing supply, this property is well-positioned to provide consistent returns. Its desirable location, combined with the recent upgrades and superior parking amenities, ensures that it will remain attractive to tenants for years to come, offering investors both stability and growth in a competitive market.
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 Rates @ 5.49 & GRM @ 9.79%. Welcome to 2110 Ashby Ave, a premier mix-used commercial building located in the heart of Berkeley's Elmwood neighborhood, offering an exceptional investment opportunity with upside, stable income from long-term tenants. In high demand, Ashby Ave is fully occupied, most of the units are well maintained, laundry unit on site, bonus garden areas ensures a high level of tenant satisfaction, seismic upgrades completed, dual pane windows. Additionally, the property includes a bonus detached storage unit, which provides versatile usage options and holds potential for conversion into an ADU. further increasing the property's income-generating capabilities. Conveniently located, near Ashby Bart station, easy access to freeway, close to Berkeley Bowl, Whole Foods, and all the local shops and dining, short ride to UC Berkeley, this prime. location ensures a steady flow of potential tenants and business clients. Investors will appreciate the consistent and reliable rental income, coupled with the opportunity for rent increases and property appreciation over time. Whether you are looking to expand your portfolio or secure a stable income-producing asset, invest in 2110 Ashby Ave, a property that promises stability, potential growth, and an unbeatable location.
2004 Emerson Street is an 8-unit multifamily asset in a prime South Berkeley location steps from the Ashby BART station. This well-maintained property features a desirable unit mix, consisting of six (6) 1-bedroom, 1-bathroom units, and two (2) studio units, making it an attractive option for a variety of tenants. The property offers beautiful architecture with period-appropriate details and a large shared yard for tenant convenience. Additional income is generated through a rooftop cell tower. The property’s ideal location will ensure vacancy is kept to a minimum and cash flow strong. Don't miss out on this exceptional opportunity to acquire a stabilized multifamily asset with strong in-place income in one of Berkeley's most sought-after areas.
2930 Adeline Street is a 14-unit multifamily asset in a prime South Berkeley location steps from the Ashby BART station. This well-maintained property features a desirable unit mix, consisting of eleven (11) 1-bedroom, 1-bathroom units, and three (3) studio units, making it an attractive option for a variety of tenants. Features include secured gated access, dual pane vinyl windows, and five (5) off-street parking spaces. Tenants will also enjoy the shared yard designed by Professor Owen Lang and his team of students from the Academy of Art. The property’s ideal location will ensure vacancy is kept to a minimum and cash flow strong. Don't miss out on this exceptional opportunity to acquire a stabilized multifamily asset with strong in-place income in one of Berkeley's most sought after areas.
New paint for exterior walls! Built in 1939, building is 3,010 sq. ft. Lot size 4,500 sq. ft. Fully occupied, annual income is about $71,000.00. 4 parking spaces, iron fence gate with electric openers.Downstairs is commercial space currently use for boxing training. , upstairs and back are residential. Located in the corner of 2 busy streets, good for business and living! Unit 2351 $2596.88/month Unit 2353 $1800.00/month Unit 2351 1/2 $800.00/month Unit 2351 1/2 $725.00/month
The Mitchell Warren Team is pleased to present 1610 Milvia Street, a well-maintained 8-unit apartment located just two blocks from Shattuck Avenue in Berkeley's Gourmet Ghetto neighborhood. The property consists of four (4) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units built in 1961. THE PROPERTY WILL BE DELIVERED 100% VACANT, providing flexibility for the buyer. The units are individually metered for electricity, gas, AND WATER minimizing the operating expenses. Amenities include eight off-street parking spots, eight storage closets, and an on-site coin-operated laundry facility. Several capital improvements have been completed including a full seismic retrofit in 2017. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. 1610 Milvia Street is ideally located less than two blocks from Shattuck Avenue in the Gourmet Ghetto. Residents benefit from a range of restaurant choices including Cheeseboard, the Michelin Guide restaurant Chez Panisse, as well as a variety of other restaurants and shopping options. Students will enjoy the close proximity to the UC Berkeley campus just a short walk away. The property features a 98 Walk Score and is considered a “Walker’s Paradise” by walkscore.com.
Cap Rates @ 5.49 & GRM @ 9.79%. Welcome to 2110 Ashby Ave, a premier mix-used commercial building located in the heart of Berkeley's Elmwood neighborhood, offering an exceptional investment opportunity with upside, stable income from long-term tenants. In high demand, Ashby Ave is fully occupied, most of the units are well maintained, laundry unit on site, bonus garden areas ensures a high level of tenant satisfaction, seismic upgrades completed, dual pane windows. Additionally, the property includes a bonus detached storage unit, which provides versatile usage options and holds potential for conversion into an ADU. further increasing the property's income-generating capabilities. Conveniently located, near Ashby Bart station, easy access to freeway, close to Berkeley Bowl, Whole Foods, and all the local shops and dining, short ride to UC Berkeley, this prime. location ensures a steady flow of potential tenants and business clients. Investors will appreciate the consistent and reliable rental income, coupled with the opportunity for rent increases and property appreciation over time. Whether you are looking to expand your portfolio or secure a stable income-producing asset, invest in 2110 Ashby Ave, a property that promises stability, potential growth, and an unbeatable location.
1444 Walnut St is a rare opportunity for a 11-unit trophy asset building available in Berkeley's esteemed Gourmet Ghetto, conveniently accessible from the original Peet's coffee located at the corner of Walnut and Vine, and only 3 blocks away from the prestigious University of California, Berkeley. This property comprises 9 apartments, 2 commercial spaces, an elevator, and secured parking with 6 spaces and 6 storage units. Unit mix consists of (five) 2 bed 1 bath units, (three) 1 bed 1 bath units, a 2 bed 2 bath 2 level penthouse with fireplace, and two commercial spaces on the ground floor. All the residential units have been updated and offers balconies with Bay Views. The two commercial spaces consist of an corner office space (800 sqft.) and a retail space (450 sqft.) located on the end of the building which has been occupied by the same business for over 24 years. With a Walkscore of 96, the location cannot be beat as you are in the heart of the Gourmet Ghetto offering a plethora of dining/food options, close to Downtown Berkeley BART, public transportation, and shopping. This is a great rar opportunity to acquire a prime asset in an excellent location.
Courtesy: Marcus & Millichap
Showing: Thurs 12/14 from 10am-11:30am; www.2124parker.com; Seller Carry Loan Available; 30 2bd/2bth and Two 1bd/1bth; Nearly $500K in Recent Improvements, Including: Full Seismic Retrofit, Brand New Roof, Upgraded Dual Pane Windows, and Resurfaced Parking Lot; Set on a Massive 20,250 SF Lot, Boasting a 1:1 Off-Street Parking Ratio and On Site, Coin Operated Laundry; Potential to Increase Unit Count Through ADU Conversion of Common Area and Unused Private Garages; Conveniently Located Just a Few Blocks to UC Berkeley & Downtown Berkeley, Shopping, Dining, and More; Email Agent on Website For Complete Marketing Package.
Excellent opportunity to own this duplex in Berkeley California. Addresses 2057-2065 Emerson Street. Property is selling in its present condition with one tenant and the other unit will be delivered vacant at the close of escrow. If one has an eye for remodeling and renovating, this duplex can be restored to an architectural masterpiece. Duplex features 2 bedrooms 1 bath on the first floor, 2 bedrooms 1 bath on the second floor and third floor has a large bonus area that consist of three bedrooms 1 bath and a kitchen purchased like that, two cars detached garage, with a long driveway to fit many extra cars, nice size back yard for family gatherings. Centrally located and in close proximity to University of California Berkeley, Bay area rapid transit, Ashby station (BART), major freeways (880, 580), hiking trails, hospital, farmers market, Whole foods, restaurants, shopping, the bay area and property is also close to San Francisco and Oakland California. Buyers please do not miss this opportunity to purchase this duplex. Please do not disturb the occupants. Shown by appointment only after an offer has been fully accepted with nothing to lose to qualified, serious and committed buyers, due to not disturbing occupant's quiet enjoyment due to the many inquiries.
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Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. |
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.
