714-745-2708

2214 Channing Way, Berkeley, CA 94704

$995,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Joey Wang | joey.wang@loremultifamily.com
Lic#: 01890931
Broker: Courtesy of Keller Williams Realty
Phone: 510-592-5554

Agent Remarks

Two blocks to Cal. One block to Shattuck. Seven residential units plus a separate office space, fully occupied, in a 1905 Colonial Revival on a 4,500 SF lot. Six studios and one two-bedroom — private units in a submarket where shared houses dominate. $167,520 annualized gross income against a $1,100,000 asking price: a 7.8% cap at a 6.6 GRM going in, 9.7% and 5.6 at market as units turn. Two Berkeley Housing Authority tenancies pay roughly $3,387 monthly direct. Landlord carries all utilities across a master-metered building. A three-car tandem driveway sits unleased, the basement holds unallocated storage, and there is no laundry on site — three revenue lines absent from the rent roll. The parcel sits inside a Tier 1 transit zone and a campus development zone. $157,000 per unit, two blocks from the UC Berkeley campus.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 41147827

Price: $995,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1905

0.10 acres

Lot size: 0.1033

Subdivision: BERKELEY CENTRAL

County: Alameda

Zoning: R-3

Construction: Wood Siding

Appliances: Gas Water Heater

Heating/cooling: None

Heating description: Floor Furnace

Last Updated: 9/17/2026

Days On Market (DOM): 20

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Lat/Long: 37.865939, -122.264848.
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