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Two blocks to Cal. One block to Shattuck. Seven residential units plus a separate office space, fully occupied, in a 1905 Colonial Revival on a 4,500 SF lot. Six studios and one two-bedroom "” private units in a submarket where shared houses dominate. $167,520 annualized gross income against a $1,100,000 asking price: a 7.8% cap at a 6.6 GRM going in, 9.7% and 5.6 at market as units turn. Two Berkeley Housing Authority tenancies pay roughly $3,387 monthly direct. Landlord carries all utilities across a master-metered building. A three-car tandem driveway sits unleased, the basement holds unallocated storage, and there is no laundry on site "” three revenue lines absent from the rent roll. The parcel sits inside a Tier 1 transit zone and a campus development zone. $157,000 per unit, two blocks from the UC Berkeley campus.
Property Type(s):
Residential Income
| Last Updated | 9/10/2026 | Tract | BERKELEY CENTRAL |
|---|---|---|---|
| Year Built | 1905 | County | Alameda |
Additional Details
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| CONSTRUCTION | Wood Siding |
| HEAT | Floor Furnace |
| LOT | 4500 sq ft |
| LOT DIMENSIONS | 4500 |
| SUBDIVISION | BERKELEY CENTRAL |
Location
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Listed with Keller Williams Realty
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