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1626 Dwight Way, Berkeley
$4,495,000
ML82064817 MLS ⋅ Active Status
Rare 21-Unit Value-Add Opportunity in the Heart of Berkeley! Located just minutes from UC Berkeley, downtown Berkeley, and major East Bay transit, this 12,832 SF multifamily asset sits on a generous 0.35-acre lot and features a desirable unit mix of studios, one-bedrooms, and two-bedrooms. Current rents sit meaningfully below market, offering an investor significant upside through lease-up and operational optimization. Individually metered electric and gas, carport parking, recent seismic retrofit, and a low-turnover tenant base round out this well-positioned offering in one of the East Bay's most supply-constrained and durable rental markets. Priced at $4,495,000 ($214k/unit), don't miss this chance to acquire a well-located asset with huge upside potential.

1626 Dwight Way, Berkeley

2120 GRANT STREET, Berkeley
$3,800,000
41147039 MLS ⋅ Active Status
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.

2120 GRANT STREET, Berkeley

3228 Adeline St, Berkeley
$3,500,000
41149620 MLS ⋅ Active Status
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.

3228 Adeline St, Berkeley

2425 Grant St, Berkeley
$3,400,000
41146444 MLS ⋅ Active Status
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.

2425 Grant St, Berkeley

3411 Adeline St, Berkeley
$3,285,000
41135043 MLS ⋅ Active Status
To access the marketing package, copy and paste: https://bit.ly/kitehillre 3411 Adeline Street is a fully renovated 6-unit apartment building located one block from Ashby BART in Berkeley. The property provides convenient access throughout Berkeley, Oakland, San Francisco, and the greater Bay Area while benefiting from a Walk Score of 95 near cafés, restaurants, markets, and neighborhood amenities along the Adeline corridor. Its location has historically attracted demand from UC Berkeley students, commuters, and young professionals seeking large-format housing with convenient transit access. The property features a unit mix of (3) 3-bedroom/2-bath units, (1) 4-bedroom/3-bath unit, and (2) 4-bedroom/4-bath units, making it well suited for traditional rental, student housing, or co-living. Current rents average over $4,480 per month per unit, providing strong in-place income with additional long-term rental upside. The large floor plans are complemented by in-unit laundry, shared laundry facilities, solar panels, and off-street parking. Originally redeveloped down to the studs, the property has undergone extensive renovations including all new electrical, plumbing, roof, and windows. Each unit has been updated with modern kitchens, bathrooms, and contemporary finishes throughout. In addition, the property includes two newly constructed ground-up ADUs at the rear, further enhancing the property's income profile. The asset is currently offered at a 6.77% Cap Rate and 9.54 GRM.

3411 Adeline St, Berkeley

1612 Parker St, Berkeley
$2,500,000
41142904 MLS ⋅ Active Status
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.

1612 Parker St, Berkeley

2427 McKinley Ave, Berkeley
$1,600,000
41144559 MLS ⋅ Active Status
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.

2427 McKinley Ave, Berkeley

3302 California St, Berkeley
$1,380,000
41140724 MLS ⋅ Active Status
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.

3302 California St, Berkeley

1924 Ward St, Berkeley
$1,154,700
3 Beds ⋅ 1 Baths ⋅ 41150956 MLS ⋅ Active Status
This charming Berkeley bungalow offers classic character with two bedrooms and one bath. The main level features one bedroom, while the second is just up a short flight of stairs. Hardwood floors run throughout the home, connecting the living and dining rooms, which feature rich, dark wood built-ins and a welcoming fireplace as the focal point. The bright kitchen includes abundant bungalow-style cabinetry and direct access to the backyard. Downstairs, the basement provides washer and dryer hookups, a utility sink, and a second door to the yard. Outside, you will find a spacious backyard with mature fruit trees and a generously sized detached garage. While the kitchen and other areas could use some updating, it presents a wonderful opportunity to refresh the space while preserving its original charm.

1924 Ward St, Berkeley

2926 Ellis St, Berkeley
$1,000,000
3 Beds ⋅ 1 Baths ⋅ 41117287 MLS ⋅ Active Status
Set on a quiet, tree-lined street in one of South Berkeley’s most convenient pockets, this classic Craftsman bungalow is ready for new vision. Full of character, natural light, and original period charm, the home offers the ideal canvas for someone looking to restore, reimagine, or create their own Berkeley retreat. Outside, a nice-sized backyard provides room to garden, entertain, or expand your outdoor living space—hard to find in this location and full of potential for anyone who wants to design their own oasis. Mature greenery in the front and rear gives the property a natural sense of privacy and charm. The neighborhood is known for its warm community feel and unbeatable access—just minutes to Berkeley Bowl, Ashby BART, cafés, parks, and the vibrant energy that defines Berkeley living. With its authentic Craftsman architecture, great lot, and tremendous upside, 2926 Ellis St is a rare opportunity for buyers, builders, or anyone who loves the beauty of an older home and wants to bring it back to life. A true Berkeley original—ready for your touch.

2926 Ellis St, Berkeley

Berkeley
$899,000
41132589 MLS ⋅ Active Status
Incredible opportunity to acquire a charming duplex in the heart of South Berkeley. This Duplex offers two well-configured units, a 1BD/1BA and a 2BD/1BA, with exceptional location fundamentals and significant value-add potential for the investor or contractor ready to make their move. A Home Energy Score of 5 reflects the property's current energy performance and presents a clear opportunity for improvement, adding yet another layer of upside for the right buyer. Centrally located in South Berkeley, this property sits within easy reach of Berkeley's best dining, retail, parks, and BART connectivity, the kind of location that supports strong, stable rental demand year over year. Whether you're looking to renovate and reposition for stronger returns or add a well-located asset to your growing portfolio, the bones are here and the upside is real. Two income-producing units, a central South Berkeley address, and a value-add story worth exploring. Don't miss this one.

Berkeley

1595 Dwight Way, Berkeley
$895,000
2 Beds ⋅ 1 Baths ⋅ 41150541 MLS ⋅ Active Status
Sunlit Central Berkeley sanctuary tucked behind a private entry gate and fenced grounds. Spacious two-bedroom home with formal dining room, laundry room, breakfast nook and basement storage on a large corner lot. Updated kitchen and bath, dual-pane windows and hardwood floors. Sconce lighting and a cozy fireplace anchor the living room, which overlooks the garden. The bright kitchen features stone countertops, a farmhouse sink, stainless appliances, and a gas range. Two bedrooms plus a remodeled bath with custom storage and recessed lighting. Everyday utility is maximized by a dedicated laundry room with a side-by-side washer and dryer, plus basement storage. System highlights include a new heat pump water heater and full BESO and sewer lateral compliance. Ideally situated in Central Berkeley just blocks from local eateries, entertainment and transportation options. 82 Walkscore and 93 Bikescore! Move right in! Home Energy Score of 3.

1595 Dwight Way, Berkeley

1530 Stuart St, Berkeley
$849,000
41150366 MLS ⋅ Active Status
Welcome to 1530 Stuart Street, a wonderful twin-set style duplex ideally situated in Berkeley’s desirable South Berkeley/Ashby area. Beyond its excellent location, the property sits on a warm, neighborly block and offers an appealing combination of space, comfort, flexibility, and income potential. Both units feature spacious, well-designed floor plans that beautifully complement the two-bedroom layouts, along with the added benefit of unusually generous bathroom accommodations. Each residence offers an upgraded kitchen with attractive countertops, cabinetry, and appliances, while the bathrooms have also been thoughtfully updated with stylish finishes. Each unit enjoys two convenient points of entry, creating an easy flow to the property and the roomy backyard—a wonderful outdoor space for both households to enjoy. A large garage and generous driveway provide valuable off-street parking and additional possibilities. With two comfortable residences, attractive updates, outdoor space, and a convenient Berkeley location near transportation, shopping, dining, and neighborhood amenities, 1530 Stuart is an excellent opportunity for an owner-occupant seeking additional income, extended-family living, or an investor looking for a well-positioned Berkeley duplex.

1530 Stuart St, Berkeley

1519 Fairview St Unit 2, Berkeley
$580,000
2 Beds ⋅ 2 Baths ⋅ 41145606 MLS ⋅ Active Status
Discover the perfect blend of historic charm and contemporary luxury at 1519 Fairview St #2, a beautiful 2-bedroom, 2-bathroom home nestled in the heart of South Berkeley. Originally part of an 1890 Victorian, this home has undergone a meticulous, down-to-the-studs renovation to fuse architectural glamour with modern comfort. The light-filled interior (621 sq. ft.) features an open-concept layout accented by white oak flooring, quartz countertop, and artisan-tiled bathrooms. Designed for comfort, the condo is equipped with individual mini-split A/C systems, in-unit washer & dryer, and high-end finishes throughout. Step outside to an additional 481 sq. ft. of private garden, featuring fruiting trees, flowers, landscaping, and a stunning Ipe wooden deck perfect for morning coffee, outdoor dining, friends gathering, or just relaxing. The home is centrally situated in close walking distance to bus, BART, South Berkeley farmers’ market and public library, and easy access to Downtown Berkeley, UC Berkeley, Tilden Park, Lake Merritt, and the vibrant dining and shopping hubs of Elmwood, Rockridge, and Emeryville. Total Living Space: 1,102 sq. ft. (621 sq. ft. interior / 481 sq. ft. private garden) Key Upgrades: New foundation, new structural framing, fire alarm & sprinklers, and tankless water heater. Experience the best of Berkeley living in this trendy, modernized gem!

1519 Fairview St Unit 2, Berkeley

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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