Realty Solution
Powered by 
- 0
- 2
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
Listed by: Eymon Binesh (650) 546-1030 DRE #02060059 | Marcus & Millichap (650) 391-1700
$1,198,000
Monthly Est:$5,963
4 Beds
-- Bath
2,352sqft
2429 San Pablo Ave, Berkeley, CA 94702
$1,198,000
$5,963/moEst:
Get Pre-Approved
Quadruplex
Built in 1942
$-- HOA
5,400 sqft lot
$509/sq.ft
Description
Fully Occupied 4-Unit Value-Add Opportunity in Berkeley's West Berkeley Corridor! This uniform four-unit multifamily asset features all one-bedroom, one-bathroom apartments at 588 SF each, with four dedicated surface parking spaces a rare and valuable amenity in this walkable Berkeley submarket. 100% occupied with in-place rents currently running 8% below market, the property offers investors dependable in-place income (5.40% cap rate) plus clear upside as rents move toward market levels (6.17% pro forma cap). Individually metered electric and gas keep operating costs predictable, while the property's location along San Pablo Avenue one of the East Bay's most established residential and commercial corridors supports strong, consistent renter demand. Close to UC Berkeley, regional transportation, and vibrant retail and dining, this well-positioned asset combines a clean, easy-to-manage unit mix with genuine rent growth potential in a supply-constrained multifamily market. Priced at $1,198,000 ($299,500/unit, $509/SF).
- Houzeo last checked: 2 minutes ago
- Listing updated: October 5, 2026 at 10:53 pm
- Source: California Regional MLS-CA | MLS#: ML82063628
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1942
HOA Fees
-
Finished Area
2,352 sqft
Lot Size
5,400 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
ML82063628
MLS Status
Active
Days on Market
2
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
None
Construction
Year Built
Year Built: 1942
Home type
Quadruplex
Foundation Details
Concrete Perimeter
Utilities & Energy
Water Source
Public
Parking Features
Off Street
Price History
| Date | Event | Price |
|---|---|---|
10/05/2026 Source: | Listed for Sale | $1,198,000 $509/sqft |
Nearby Homes
Find Homes by Property Features in Berkeley, CA
Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 08:45PM 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.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage