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2243-2245 Ashby Ave, Berkeley, CA, 94705

--beds
0baths
5,494sqft
$3,200,000
$582price/sqft
$19,955/moest. monthly cost
$798,200/yrincome needed

About This Home

Exceptional Berkeley investment opportunity! 2243-2245 Ashby Avenue offers two buildings on one lot with five fully leased units, just minutes from UC Berkeley. The property features a desirable unit mix including a 6BR/2BA, 3BR/2BA, 2BR/1BA, and two 1BR/1BA units. Four of the five units have been extensively remodeled with modern kitchens, baths, flooring, and appliances. Recent upgrades include roof work (2023), new exterior paint, and refinished hardwood floors. Additional upside includes approved plans for a 2BR/2BA ADU in the basement and income potential from parking and storage. The property offers five parking spaces (seven tandem), coin-operated laundry, and a Walk Score of 93, Walker's Paradise.'' With strong in-place income, pro forma growth potential, and a premier Berkeley location near BART, shops, dining, and hospitals, this turnkey multi-unit is a rare find in today's market.

Getting Around

92
WalkingWalker's Paradise
63
TransitGood Transit
99
BikeBiker's Paradise

Schools

8/10
Sylvia Mendez ElementaryGrades K-50.1 mi
10/10
Willard Middle SchoolGrades 6-80.3 mi
9/10
Berkeley High SchoolGrades 9-121.0 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1925

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Interior Area

  • Total structure area: 5,494
  • Total interior livable area: 5,494 sqft

Property

Details

  • Parcel number: 0521580013
  • Special condition: Offer As Is

Lot

  • Lot size: 6,800 sqft
  • Features: None

Parking

  • Total spaces: 7
  • Parking features: Covered,Side By Side,Uncovered
  • Has uncovered spaces: Yes