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Berkshire Hathaway - Drysdale Properties
2741 Dwight Way, Berkeley, CA 94704
- $4,650,000
- 9,078
- SqFt
- Sold Price
- $4,650,000
- List Price
- $4,750,000
- Status
- CLOSED
- MLS#
- 41112410
- Closing Date
- Dec 10, 2025
- Year Built
- 1964
- Property Type
- 5 Or More Units
- Living Area
- 9,078
- Lot Size
- 6,440
- Acres
- 0.15
- County
- Alameda
- Subdivision
- Alameda County
Property Description
Prime student housing investment just blocks from UC Berkeley in Southside. 2741 Dwight Way is a 12-unit property consisting of 2BD/1BA layouts (~750 sq ft each) across a 3-story, 9,078 sq ft building. All units are leased to UC Berkeley students, with turnover expected within 2 years—offering strong repositioning opportunity. Units feature original kitchens and baths, updated flooring, and large living rooms with layout flexibility for conversion to 3BD units with estimated post-renovation rents of up to $4,200/month. The property includes a rare subterranean garage with 15 spaces and potential for ADU conversion. Located on a major corridor with an AC Transit stop at the front door, and walking distance to campus, cafés, and Downtown Berkeley BART. Ideal long-term asset in a proven submarket.
Additional Information
- Appliances
- Dryer
- Exterior
- Concrete, Stucco
- Flooring
- Laminate
- Laundry Features
- Dryer, Laundry Room, Washer, Sink
- Lot Description
- Back Yard, Garden
- Parking Features
- Garage
- Roof
- Other, Polyurethane Foam
- Water Sewer
- Mutual Water
Mortgage Calculator
Listing courtesy of Joey Wang from Keller Williams Realty. 510-592-4244
Selling Office: Outside Office.
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