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$2,700,000
Est. payment /mo
6,902 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 6,902 sqft
Price per Sqft $391
Subdivision Berkeley
MLS Listing ID 41130815
HOA Y/N No
Year Built 1963
Lot Size 6,750 Sqft
Acres 0.16
Property Sub-Type Multi Family
Property Description
Just four blocks from UC Berkeley and half a block off Shattuck Ave, 2172 Blake St is positioned in one of South Berkeley's most reliable rental locations, where proximity continues to drive demand year after year. This 10-unit building offers a strong foundation with a clean, well-maintained structure and a unit mix of (2) 1BDs and (8) 2BDs across 6,902 sq ft. Current 2BD rents average $2,300–$2,500/month, leaving clear room to grow toward ~$3,000+ market levels. Several units feature oversized living rooms that may be reconfigured into additional bedrooms to better capture student demand. The building has been seismically retrofitted and is no longer on Berkeley's soft story list, and includes gated entry, 10 parking spaces, 11 storage closets, and onsite laundry. With transit, dining, and campus just minutes away, this is a stabilized asset with meaningful upside in both income and long-term value.
Location
State CA
County Alameda
Rooms
Basement None
Interior
Interior Features Storage
Heating Wall Furnace
Cooling None
Flooring Tile, Vinyl, Carpet
Fireplace No
Appliance Refrigerator, Dryer, Washer, Gas Water Heater, Solar Hot Water
Laundry Common Area, Dryer, Washer
Exterior
Utilities Available Individual Electric Meter, Individual Gas Meter
Building
Lot Description Front Yard, Security Gate
Sewer Public Sewer
Water Meter on Site
New Construction No
Others
Tax ID 55182423
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Listed by Joey Wang • Keller Williams Realty
NEARBY SCHOOL & BUSINESS
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