2214 Channing Way WAY, Berkeley, CA 94704 (MLS # 41147827)

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PRICE $995,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 4,500 sqft

Two blocks to Cal. One block to Shattuck. Seven residential units plus a separate office space, fully occupied, in a 1905 Colonial Revival on a 4,500 SF lot. Six studios and one two-bedroom "” private units in a submarket where shared houses dominate. $167,520 annualized gross income against a $1,100,000 asking price: a 7.8% cap at a 6.6 GRM going in, 9.7% and 5.6 at market as units turn. Two Berkeley Housing Authority tenancies pay roughly $3,387 monthly direct. Landlord carries all utilities across a master-metered building. A three-car tandem driveway sits unleased, the basement holds unallocated storage, and there is no laundry on site "” three revenue lines absent from the rent roll. The parcel sits inside a Tier 1 transit zone and a campus development zone. $157,000 per unit, two blocks from the UC Berkeley campus.

DAYS ON MARKET 10 LAST UPDATED 9/10/2026
TRACT BERKELEY CENTRAL YEAR BUILT 1905
COUNTY Alameda STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
CONSTRUCTION Wood Siding
HEAT Floor Furnace
LOT 4500 sq ft
LOT DIMENSIONS 4500
SUBDIVISION BERKELEY CENTRAL
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Keller Williams Realty

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