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$4,350,000
41145057 MLS
2360 Ellsworth St sits one block from the UC Berkeley campus edge in South Berkeley, where demand is driven by enrollment. Seven units and twenty six beds, leased by the bed or by the unit, so ownership runs whichever strategy the market rewards. A 6.60% cap and 9.22 GRM going in at 96% bed occupancy, with rents nearly 10% below market. The kicker: the seller is willing to sign a master lease at $452,092 per year, lifting day one returns to a 7.22% cap and 6.76% cash-on-cash with zero leasing risk, and the owner still keeps $24,272 a year of parking and other income. Collect steady, hands-off income or step in and operate for the upside. The heavy lifting is done: $370,531 of capital invested since 2013, seismic retrofit complete, garage parking, common laundry, renovated quartz kitchens. Offered at $4,350,000, $167,308 per bed.

2360 Ellsworth St, Berkeley

Listing courtesy of Willem Bos from COMPASS. 916-698-9954

$749,000
3 Beds 2 Baths 41144173 MLS
The Berkeley Opportunity You've Been Waiting For. Some homes are special because they’re perfectly finished. Others are special because they give you the chance to create something uniquely yours. This South Berkeley bungalow is the second kind — a home with charm, a fantastic lot, and an opportunity you don’t find every day. Built in 1946, this 3-bedroom, 2-bath residence sits on a generous 4,550 sq ft lot with a huge backyard, mature fruit trees, and plenty of space to enjoy outdoor living. The home has already received thoughtful updates including fresh interior and exterior paint and updated electrical, while leaving room for the next owner to personalize the kitchen and bathrooms. Natural light fills the home, highlighting the classic bungalow feel and inviting layout. Whether you’re a first-time buyer looking to build equity, a homeowner ready to put your personal stamp on a property, or someone searching for a Berkeley location with long-term value, this home offers incredible potential. Enjoy being close to San Pablo Park, neighborhood restaurants, shops, and convenient commuting options throughout the East Bay. This is the kind of property that offers more than just a home — it offers possibilities. BESO score 5

1242 Burnett St, Berkeley

Listing courtesy of Kerri Naslund-Monday from KW Advisors East Bay. 510-409-4966

$1,650,000
41142955 MLS
1926 Alcatraz Avenue presents an opportunity to acquire a well-located six-unit multifamily property in the desirable South Berkeley neighborhood. Built in 1958, the two-story property consists of six one-bedroom, one-bath units totaling approximately 3,066 rentable square feet. The sale includes two parcels totaling approximately 4,149 square feet, with off-street parking at the front of the building and a shared backyard with lawn area. The property offers a low-maintenance unit mix, stable in-place income, and long-term upside through future unit turnover and strategic improvements. Located approximately half a mile from Ashby BART Station, residents enjoy convenient access to Oakland, San Francisco, and major employment centers throughout the Bay Area. The surrounding neighborhood also provides easy access to shopping, dining, public transportation, and everyday services. With strong Walk and Bike Scores, 1926 Alcatraz Avenue offers an attractive combination of location, income, and long-term investment potential.

1926 Alcatraz Ave, Berkeley

Listing courtesy of Nolan Jones from KELLER WILLIAMS TRI VALLEY REALTY. 510-867-4806

$1,600,000
41142511 MLS
Cap Rate - 3.67% (Current) | GRM – 10.98 (Current) Cap Rate – 6.08% (Proforma) | GRM – 9.20 (Proforma) We proudly present 2925 Mabel St in Berkeley, CA for sale. The multifamily asset features seven (7) total units across two separate buildings: a classic Victorian-style residence and a separate fourplex in the rear. The Victorian residence was converted into three (3) units, including a 3 bed / 2 bath and two (2) studios, while the fourplex is comprised of four (4) 1 bed / 1 bath units. A new driveway, new electric subpanels in the Victorian, completed sewer lateral, and SB 721 balcony clearance are some of the recent capital improvements. The property allows for multiple value-add strategies. The Victorian residence - which can be delivered vacant - can be converted back into a single-family home, or there is a potential for a lot split allowing the sale of the two buildings independently. Separate meters for electric and gas, and each building has separate water meters (2 in total). Located in Southwest Berkeley, the property is under one (1) mile from Ashby BART or quick access to Highway 80, allowing easy connections to Oakland, San Francisco, and the surrounding East Bay. A short distance to both UC Berkeley and Emeryville activities, the surrounding area offers an abundance of restaurants and shopping.

2925 Mabel St, Berkeley

Listing courtesy of Davide Pio from BCRE. 510-815-2000

$1,499,888
3 Beds 2 Baths 41140985 MLS
Some homes simply provide a place to live. Others create a feeling the moment you walk through the door. This exceptional A-frame is one of those rare homes. Blending timeless architecture with beautifully curated updates, it offers warm, light-filled interiors, soaring ceilings, and inviting gathering spaces designed for both everyday living and unforgettable entertaining. Beyond its beautiful living areas, the home offers remarkable flexibility with a finished bonus attic that is ideal as a potential 4th bedroom, media room, creative studio, playroom, or additional workspace, as well as a detached office perfect for today's work-from-home lifestyle, a private gym, or an inspiring artist's retreat. Step outside and discover a backyard that feels like your own private sanctuary, complete with a spacious deck, pergola, mature landscaping, and multiple outdoor spaces designed for relaxing, entertaining, and creating lasting memories. Lovingly maintained and thoughtfully improved over the years, this home reflects decades of pride of ownership, with meaningful updates that preserve its character while embracing modern comfort. Even more remarkable, this home has had only two owners since it was built in 1903—a rare testament to how deeply cherished this property has been for more than a century. Whether you're hosting friends beneath the pergola, working from the detached office, or enjoying quiet evenings beneath the dramatic rooflines that define this iconic A-frame, every space has been thoughtfully designed to inspire connection, creativity, and comfort .Homes that offer this level of architectural distinction, versatility, rich history, and indoor-outdoor living rarely come to market. This is more than a home: it's a legacy property that captures the timeless charm of Berkeley while offering the space, flexibility, and lifestyle today's buyers have been searching for. Home Energy Score of 2. *Open Houses: Sun. 8/16, 2:30–5:00 PM.*

1538 Russell St, Berkeley

Listing courtesy of Marco Rodriguez from Genesis Real Estate. 510-375-3172

$1,695,000
41137197 MLS
Exceptional 4-unit Berkeley property offering rare flexibility for both owner-occupiers and investors.** This unique compound features a triplex plus a fully permitted, recently upgraded 1BD/1BA ADU at the rear of the property. Two units are currently leased and income-generating, while two units are scheduled to be delivered vacant at close of escrow—creating an ideal opportunity to live on-site, generate rental income, or reposition the property for long-term wealth building. The front triplex includes three well-maintained residences: a bright and spacious 3BD/2BA upper unit with soaring ceilings and a formal dining room, plus two lower-level units consisting of a 3BD/1BA and a 2BD/1BA. The rear ADU feels like new and offers a private patio, making it an excellent owner’s retreat, guest space, or premium rental unit. Enjoy a lush shared backyard with a BBQ area, raised garden beds, and vibrant landscaping. Ideally located near Berkeley shops, parks, transit, restaurants, and everyday conveniences, 1522 Harmon offers excellent proximity and walkability in one of the Bay Area’s most desirable rental markets. The property is **BESO compliant and sewer compliant**, adding valuable peace of mind for the next owner. A rare Berkeley opportunity combining location, income potential, lifestyle, and long-term upside.

1522 Harmon St, Berkeley

Listing courtesy of Chris Strange from Rise Group Real Estate. 408-910-4712

$899,000
41132589 MLS
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

Listing courtesy of Nkosi Groover from Kai Real Estate. 510-421-9132

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