$2,280,000
$200K PRICE DROP

Estimated payment $14,981/month

Total Views 5,335
-- Bed
-- Bath
3,714 Sq Ft
$614 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Rectangular Lot
  • Berkeley Arts Magnet at Whittier School Rated A
  • Security Gate
  • Wall Furnace

About This Home

Pleased to present 2005 Berkeley Way, a 5-unit multifamily property located in a prime Berkeley location. The property consists of (1) 2 bedroom/2 bathroom cottage, (3) 2 bedroom/1 bathroom units, (1) 1 bedroom/1 bathroom unit, and 5 gated off-street parking spots. Improvements include unit renovations, upgraded electrical, and a new security gate The property is individually metered for WATER, gas, and electricity keeping expenses low. Being just steps away from the UC Berkeley campus, this property has steady turnover allowing for consistent rent growth. This is an extremely rare opportunity to acquire a great asset in a prized Berkeley location. 2005 Berkeley Way is ideally located for tenants commuting to all points of the Bay Area. Commuters utilizing public transportation will benefit from living one block from city bus lines and 0.3 miles from the Downtown Berkeley BART station. The property is two blocks from the UC Berkeley Campus providing a long-term stable tenant base and steps away from Shattuck and University Avenues allowing endless shopping and restaurant choices. Because of this property's attractive location, it will continue to demand premium tenants and maintain a very low vacancy rate.

Listing Agent

Timothy Warren

Nai Northern California License #02008347

Nai Northern California

Co-Listing Agent

Grant Chappell

Nai Northern California License #01700439

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,120 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Partially Carpeted

Laundry

  • Washer

Utilities

  • No Cooling
  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3,714 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 57205127

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: OBOJMTB
  • Directions: North Berkeley
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Partial Carpeting
  • Basement: None
  • Appliances: Washer, Gas Water Heater
  • Basement YN: No

Exterior Features

  • Roof: Composition
  • Lot Features: Regular
  • Construction Type: Stucco

Garage/Parking

  • Attached Garage: No
  • Parking Features: Space Per Unit - 1, Uncovered Park Spaces 2+

Utilities

  • Heating: Wall Furnace
  • Utilities: All Public Utilities, Individual Electric Meter, Individual Gas Meter
  • Cooling: None
  • Security: Security Gate
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6120
  • Parcel Number: 57205127
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4224.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Price Changed $2,280,000 -8.1% $614 / Sq Ft
09/17/2024 09/17/24 For Sale $2,480,000 -- $668 / Sq Ft
Source: bridgeMLS

Source: bridgeMLS

MLS Number: 41073440

bridgeMLS