$2,000,000
OPEN THU 11AM - 1PM

3138 California St Berkeley, CA 94703

South Berkeley Neighborhood

Estimated payment $12,458/month

-- Bed
-- Bath
6,208 Sq Ft
$322 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Paved or Partially Paved Lot
  • Malcolm X Elementary School Rated A
  • Hot Water Heating System
  • 3-minute walk to Prince Street Mini Park

About This Home

Just four blocks from Ashby BART and tucked into a quiet, tree-lined street, 3138 California St blends location, stability, and upside in one of South Berkeley’s most accessible pockets. This 8-unit building features (7) 2BD/1BA units and (1) 3BD/2BA across 6,208 sq ft, set on a 6,800 sq ft lot with a spacious rear parking area and on-site laundry. The building is set back from the street, offering added privacy and a quieter living environment for its tenants. Most units are renting near market, making this a clean, income-producing asset from day one. With its proximity to Shattuck Ave, Adeline St, cafés, markets, and parks, tenants enjoy convenience without sacrificing neighborhood feel. Offered at just $250K per unit and delivering a near 7% CAP, this is a rare opportunity to own a well-located, well-maintained multifamily building in a high-demand rental corridor.

Listing Agent

Joey Wang

Keller Williams Realty License #01890931 Listed on: 01/14/2026

Keller Williams Realty

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,800 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Bitumen Roof
  • Wood Shingle Exterior
  • Stucco

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Laundry

  • Stacked Washer and Dryer

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Berkeley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5215443

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Subdivision Name: Berkeley
  • Directions: South on Sacrament St, Right on
  • Garage Yn: No
  • remarks11: TRANSPARENT PRICE. Unit 1 is vacant and can be shown via Calendly. Contact Joey at joeywang@kwcommercial.com with questions. For the offering memorandum and inspection reports, go to https://forms.gle/KkKudmgnZkEXC5kY7 Offers are due on Tuesday, February 3rd at noon. Disclaimer: The photos in this listing have been digitally enhanced.
  • remarks22: Joey Wang - 510-592-4244 - Just four blocks from Ashby BART and tucked into a quiet, tree-lined street, 3138 California St blends location, stability, and upside in one of South Berkeley’s most accessible pockets. This 8-unit building features (7) 2BD/1BA units and (1) 3BD/2BA across 6,208 sq ft, set on a 6,800 sq ft lot with a spacious rear parking area and on-site laundry. The building is set back from the street, offering added privacy and a quieter living environment for its tenants. Most units are renting near market, making this a clean, income-producing asset from day one. With its proximity to Shattuck Ave, Adeline St, cafés, markets, and parks, tenants enjoy convenience without sacrificing neighborhood feel. Offered at just $250K per unit and delivering a near 7% CAP, this is a rare opportunity to own a well-located, well-maintained multifamily building in a high-demand rental corridor.
  • Special Features: OpenHouse

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator, Dryer, Washer

Exterior Features

  • Roof: Other, Bitumen
  • Lot Features: Level, Paved
  • Construction Type: Concrete, Siding - Stucco, Wood

Garage/Parking

  • Parking Features: Side Yard Access, Uncovered Park Spaces 2+

Utilities

  • Heating: Natural Gas, Wall Furnace, Hot Water
  • Cooling: None
  • Laundry Features: Dryer, Washer, Washer/Dryer Hookups, Washer/Dryer Stacked Incl
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6800
  • Parcel Number: 5215443

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2026 01/14/26 For Sale $2,000,000 -- $322 / Sq Ft
Source: bridgeMLS

Source: bridgeMLS

MLS Number: 41120832

bridgeMLS
California Alameda County Berkeley 94703 South Berkeley

3138 California St, Berkeley, CA

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Joey Wang
Listing Agent
Joey Wang
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Keller Williams Realty
(341) 766-0717