2537 Ellsworth St

Berkeley, CA 94704

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 5716
    Sqft(Lot)
$5,675,000

Description

2537 ellsworth street in berkeley, a turnkey investment with massive renovations in the past year. situated just blocks from the uc berkeley campus, 2537 ellsworth street offers a rare opportunity to own a fully remodeled nine (9) unit multifamily property in one of the city's most desirable locations. priced at $5,675,000, this turnkey investment features seven (7) spacious 3-bedroom/2-bathroom units and two (2) 3-bedroom/1.5-bathroom units, all recently updated with modern finishes and high-quality improvements. this property has undergone extensive renovations totaling over $825,000+, including new windows, a secured parking gate, a new roof, and electrical upgrades. with 10 garage spaces and thoughtful capital improvements throughout, it offers both convenience and peace of mind for tenants and investors alike. located within walking distance of gourmet restaurants, artisan coffee shops, and multiple bart stations, ellsworth street combines modern living with urban connectivity. currently fully occupied by undergraduate students, this property generates strong cash flow with a current in-place cap rate of 5.50%, and a projected market cap rate of 6.58%+

  • Property Type

    Residential Income

  • County

    Alameda

  • Style

    Residential Income

  • AD ID

    48502973

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Electric
    • Has Heating

  • Building Information

    • Year Built: 1965
    • Construction: Stucco

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1312
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 5716

  • Listing Price Information

    • Original List Price: 5,675,000
    • Listing Contract Date: 2025-02-03

    Lease Information

  • Tax Information

    • Parcel Number: 55183217

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Directions: Corner of Blake & ellsworth Cross Street: Blake st.
    • Source Property Type: Residential Income

    Building and Construction

    • Property Age: 60
    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 02/22/2025 @ 22:14

  • MLS: 41084589
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 5,716 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Berkeley , in zip code 94704, this Alameda County Home are nearby neighborhoods.