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Listed by: Willem Bos (916) 698-9954 DRE #02013980 | COMPASS (415) 660-9955
$4,350,000
Monthly Est:$21,652
-- Bed
-- Bath
--sqft
2360 Ellsworth St, Berkeley, CA 94704
$4,350,000
$21,652/moEst:
Get Pre-Approved
Multi Family
Built in 1975
$-- HOA
3,760 sqft lot
--/sqft
Description
2360 Ellsworth St sits one block from the UC Berkeley campus edge in South Berkeley, where demand is driven by enrollment. Seven units and twenty six beds, leased by the bed or by the unit, so ownership runs whichever strategy the market rewards. A 6.60% cap and 9.22 GRM going in at 100% bed occupancy, with rents nearly 10% below market. The kicker: the seller is willing to sign a master lease at $452,092 per year, lifting day one returns to a 7.22% cap and 6.76% cash-on-cash with zero leasing risk, and the owner still keeps $24,272 a year of parking and other income. Collect steady, hands-off income or step in and operate for the upside. The heavy lifting is done: $370,531 of capital invested since 2013, seismic retrofit complete, garage parking, common laundry, renovated quartz kitchens. Offered at $4,350,000, $167,308 per bed.
- Houzeo last checked: 9 minutes ago
- Listing updated: August 21, 2026 at 8:31 am
- Source: California Regional MLS-CA | MLS#: 41145057
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1975
HOA Fees
-
Finished Area
- sqft
Lot Size
3,760 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41145057
MLS Status
Active
Days on Market
57
Cumulative Days on Market
7
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
None
Heating
Natural Gas
Construction
Year Built
Year Built: 1975
Home type
Multi Family
Construction Materials
Stucco
Other Features
Tenant Pays
Gas
Subdivision Name
South Berkeley
Price History
| Date | Event | Price |
|---|---|---|
08/13/2026 Source: | Listed for Sale | $4,350,000 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 10, 2026, 09:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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