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$ 2,300,000
Est. payment | /mo
4,601 SqFt
$ 2,300,000
Est. payment | /mo
4,601 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,601 sqft
Price per Sqft $499
MLS Listing ID 41094858
HOA Y/N No
Year Built 1901
Lot Size 6,866 Sqft
Acres 0.15
Property Sub-Type 5 or More Units
Property Description
To access marketing package copy/paste: https://bit.ly/kitehillre. Located at 2215 Cedar Street in the heart of North Berkeley, this property offers an excellent unit mix, consisting of (4) 2-bedroom units and (3) 1-bedroom unit. This combination provides a versatile rental opportunity, catering to a range of tenants. Each unit has been extensively renovated, with modern finishes and upgrades that make them highly attractive in today's market. The improvements, which include new siding, a new roof, plumbing, electrical systems, windows, decks, stairs, and tankless water heaters, were all completed with permits, ensuring quality and compliance. The property is fully occupied and currently generates over $15,080 per month in rental income, with significant upside potential. With an estimated 15% to 20% increase in rents, there is ample room for growth in cash flow. Additionally, the property includes 3-4 off-street parking for tenants, providing convenience and ensuring a hassle-free living experience. Onsite coin-operated laundry facilities are available for tenant use, adding extra value and ease to everyday living. Situated just a short walk from UC Berkeley, 2215 Cedar Street offers an A+ location that is highly sought after by students and professionals alike.
Location
State CA
County Alameda
Rooms
Basement None
Interior
Interior Features Storage
Heating Natural Gas
Cooling None
Flooring Wood
Fireplace No
Laundry Coin Operated
Exterior
Utilities Available Wired For Cable TV, Individual Electric Meter, Individual Gas Meter
Total Parking Spaces 7
Building
Lot Description Paved
New Construction No
Others
Tax ID 59225616
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jatin Mehta • Kite Hill Real Estate
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com