2741 Dwight Way Berkeley, CA 94704
South Berkeley NeighborhoodEstimated payment $29,613/month
Highlights
- No HOA
- Double Pane Windows
- Garden
- Emerson Elementary School Rated A
- Cooling System Mounted To A Wall/Window
- Hot Water Heating System
About This Home
Prime student housing investment just blocks from UC Berkeley in Southside. 2741 Dwight Way is a 12-unit property consisting of 2BD/1BA layouts (~750 sq ft each) across a 3-story, 9,078 sq ft building. All units are leased to UC Berkeley students, with turnover expected within 2 years—offering strong repositioning opportunity. Units feature original kitchens and baths, updated flooring, and large living rooms with layout flexibility for conversion to 3BD units with estimated post-renovation rents of up to $4,200/month. The property includes a rare subterranean garage with 15 spaces and potential for ADU conversion. Located on a major corridor with an AC Transit stop at the front door, and walking distance to campus, cafes, and Downtown Berkeley BART. Ideal long-term asset in a proven submarket.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 6,440 Sq Ft Lot
- Garden
- Back Yard
Parking
- Garage
Home Design
- Stucco
Interior Spaces
- Double Pane Windows
- Laminate Flooring
Laundry
- Dryer
- Washer
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Hot Water Heating System
Community Details
- No Home Owners Association
- Alameda County Subdivision
Listing and Financial Details
- Assessor Parcel Number 5518675
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2025 10/13/25 | Pending | -- | -- | -- |
| 09/22/2025 09/22/25 | For Sale | $4,750,000 | 0.0% | $523 / Sq Ft |
| 09/04/2025 09/04/25 | Off Market | $2,895 | -- | -- |
| 06/12/2025 06/12/25 | Price Changed | $2,895 | -1.8% | $4 / Sq Ft |
| 05/22/2025 05/22/25 | Price Changed | $2,949 | -1.5% | $4 / Sq Ft |
| 03/01/2025 03/01/25 | For Rent | $2,995 | 0.0% | -- |
| 07/26/2024 07/26/24 | Price Changed | $2,995 | -1.8% | $4 / Sq Ft |
| 07/18/2024 07/18/24 | Price Changed | $3,049 | -1.5% | $4 / Sq Ft |
| 07/11/2024 07/11/24 | Price Changed | $3,095 | -1.0% | $4 / Sq Ft |
| 06/05/2024 06/05/24 | Price Changed | $3,125 | -3.8% | $4 / Sq Ft |
| 05/02/2024 05/02/24 | Price Changed | $3,249 | -1.4% | $5 / Sq Ft |
| 05/01/2024 05/01/24 | Price Changed | $3,295 | -2.9% | $5 / Sq Ft |
| 04/28/2024 04/28/24 | Price Changed | $3,395 | -2.9% | $5 / Sq Ft |
| 04/24/2024 04/24/24 | For Rent | $3,495 | -- | -- |
Source: bridgeMLS
MLS Number: 41112410
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