858-525-5007

2214 Channing Way, Berkeley CA 94704 | $995,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 4500 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1905
  • MLS#: 41147827
  • Community:

Listing provided courtesy of Joey Wang of Keller Williams Realty. Last updated 2026-09-28 08:10:57.000000. Listing information © 2025 SANDICOR.

Two blocks to Cal. One block to Shattuck. Seven residential units plus a separate office space, fully occupied, in a 1905 Colonial Revival on a 4,500 SF lot. Six studios and one two-bedroom — private units in a submarket where shared houses dominate. $167,520 annualized gross income against a $1,100,000 asking price: a 7.8% cap at a 6.6 GRM going in, 9.7% and 5.6 at market as units turn. Two Berkeley Housing Authority tenancies pay roughly $3,387 monthly direct. Landlord carries all utilities across a master-metered building. A three-car tandem driveway sits unleased, the basement holds unallocated storage, and there is no laundry on site — three revenue lines absent from the rent roll. The parcel sits inside a Tier 1 transit zone and a campus development zone. $157,000 per unit, two blocks from the UC Berkeley campus.

More Details

0.1 Acres

David Piper​

Call or Text: 858-525-5007

DRE# 02021985