2005 Berkeley Way Berkeley, CA 94704
Downtown Berkeley NeighborhoodEstimated payment $14,981/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: 41073440

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