
2815 Telegraph Ave Berkeley, CA 94705
Elmwood NeighborhoodEstimated payment $11,267/month
Highlights
- Rooftop Deck
- Wood Flooring
- 4 Car Detached Garage
- Emerson Elementary School Rated A
- Covered Patio or Porch
- 4-minute walk to Willard Park
About This Home
8.11% current Cap Rate, $190k annual income. Unlock the potential of this exceptional mixed-use property located just steps from the University of Berkeley campus! The spacious ground floor features a vacant restaurant space that was formerly home to the renowned Tai Shan Chinese restaurant, complete with a fully equipped kitchen, perfect for an owner-operator looking to start their own culinary venture. This setup allows the owner to operate their business while receiving rental income from the upper residential units, effectively offsetting expenses. The upper level consists of three residential units, with two units currently tenant-occupied and one additional unit available for immediate leasing or owner occupancy. Additionally, there is a bonus unit located in the back of the property, further enhancing your investment potential. Situated on high-traffic Telegraph Avenue, this property offers excellent visibility and foot traffic, making it ideal for a variety of business endeavors. Whether you're an investor seeking a property with multiple income streams or an entrepreneur ready to launch your dream restaurant, this property is a must-see. Don't miss out on this incredible opportunity in a vibrant and sought-after Berkeley neighborhood!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1908
Lot Details
- 5,324 Sq Ft Lot
- Level Lot
Home Design
- Quadruplex
- Mixed Use
- Wood Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 5,253 Sq Ft Home
- 3-Story Property
Kitchen
- Free-Standing Gas Range
- Dishwasher
Flooring
- Wood
- Laminate
- Tile
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Car Detached Garage
- 4 Open Parking Spaces
Outdoor Features
- Rooftop Deck
- Covered Deck
- Covered Patio or Porch
Utilities
- Central Heating
- Wall Furnace
- Separate Meters
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 053-1692-027
Community Details
Overview
- 4 Units
Building Details
- 2 Leased Units
- 2 Vacant Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/28/2025 04/28/25 | For Sale | $1,750,000 | -- | $333 / Sq Ft |
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Source: San Francisco Association of REALTORS® MLS
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