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Listed by Ashley Monasmith, DRE #01907449 • Monasmith Real Estate
$ 1,999,950
Est. payment | /mo
7,950 SqFt
$ 1,999,950
Est. payment | /mo
7,950 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,950 sqft
Price per Sqft $251
MLS Listing ID BE41135230
Year Built 1903
Lot Size 7,950 Sqft
Property Sub-Type Five or More Units
Source Bay East
Property Description
Rare investment opportunity on iconic College Avenue in Berkeley. This expansive single-family property features specialized use potential and flexible living configurations ideal for investors, owner-occupants, or income-focused buyers. The main residence offers four bedrooms, two bathrooms, oversized living spaces, basement access, and multiple generously sized bedrooms. Two rooms share access to a private patio deck, creating additional outdoor appeal. A separate section of the property includes seven additional bedrooms - six located on the upper level - along with two kitchens, two bathrooms, and attic access, offering versatile occupancy and layout possibilities. The property also features an attached art studio with a private entrance and dedicated bathroom. Currently operated in a manner similar to single-room occupancy (SRO) use, the property presents multiple potential income-producing opportunities, subject to buyer verification and local regulations. Possible uses may include owner-occupancy with supplemental rental income or maximizing rental potential across multiple sections. Conveniently located near shops, dining, transit, and neighborhood amenities, this property offers strong long-term investment potential. Property could benefit from and may require update
Location
State CA
County Alameda
Area Berkeley Map Area 9
Interior
Cooling None
Flooring Other, Carpet - Partial
Exterior
Exterior Feature Wood Shingles
Parking Features Guest / Visitor Parking, Parking Area
Garage Spaces 5.0
Building
Lot Description Other, Regular
Others
Tax ID 55-1845-8
Special Listing Condition REO / Bank Owned Property
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