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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1019 Channing Way Berkeley, CA 94710
$1,395,000 0 beds, 0 baths
0 sqft
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Agent Remarks

Income today, a home of your own tomorrow. 1019 Channing Way delivers $132,982 in gross scheduled income and $92,209 NOI, a 6.61% cap rate at list price, from a lower unit plus an upper level of five individually leased rooms and shared laundry. Berkeley’s 2027 AGA lifts the projected cap rate to 6.85%. The headline, though, is the detached 2+ car garage: reserved for owner use only, not part of any tenancy, and delivered vacant. Under Berkeley Municipal Code Chapter 23.306 a garage may be converted to an ADU within its existing footprint, including nonconformities. Investors get a performing asset with a built in second phase. Owner users get a rare path to creating a private residence at the rear of the lot while the rents carry the property. West Berkeley location steps from San Pablo Avenue, minutes to Fourth Street, Berkeley Bowl West and the freeway. Income and expense summary available. ADU potential to be verified by buyer with City of Berkeley Planning. Shown by appointment; please do not disturb occupants.

Listing Details

Property type: Duplex (Multi-Family)
Status: Active
MLS# 41153313
List price is $1,395,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1905
0.13 acres
Lot size: 0.1263
Subdivision: CENTRAL BERKELEY
County: Alameda
Construction: Stucco
Lot description: Corner Lot
Heating description: Floor Furnace

Last Updated: 11/7/2026

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Lat/Long: 37.862780, -122.291548.
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Listing Agent: Perry Gastis
Co Listing Agent: Theresa Arrona
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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