2005 Berkeley Way

Berkeley, CA 94704

$2,380,000
Price
—
Beds
3,714 Sq. Ft.
$641 / Sq. Ft.
3,714
Sq. Ft.
$641
per Sq. Ft.

Description

Pleased to present 2005 Berkeley Way, a 5-unit multifamily property located in a prime Berkeley location. The property consists of (1) 2 bedroom/2 bathroom cottage, (3) 2 bedroom/1 bathroom units, (1) 1 bedroom/1 bathroom unit, and 5 gated off-street parking spots. Improvements include unit renovations, upgraded electrical, and a new security gate The property is individually metered for WATER, gas, and electricity keeping expenses low. Being just steps away from the UC Berkeley campus, this property...Pleased to present 2005 Berkeley Way, a 5-unit multifamily property located in a prime Berkeley location. The property consists of (1) 2 bedroom/2 bathroom cottage, (3) 2 bedroom/1 bathroom units, (1) 1 bedroom/1 bathroom unit, and 5 gated off-street parking spots. Improvements include unit renovations, upgraded electrical, and a new security gate The property is individually metered for WATER, gas, and electricity keeping expenses low. Being just steps away from the UC Berkeley campus, this property has steady turnover allowing for consistent rent growth. This is an extremely rare opportunity to acquire a great asset in a prized Berkeley location. 2005 Berkeley Way is ideally located for tenants commuting to all points of the Bay Area. Commuters utilizing public transportation will benefit from living one block from city bus lines and 0.3 miles from the Downtown Berkeley BART station. The property is two blocks from the UC Berkeley Campus providing a long-term stable tenant base and steps away from Shattuck and University Avenues allowing endless shopping and restaurant choices. Because of this property's attractive location, it will continue to demand premium tenants and maintain a very low vacancy rate.
  1. Listed by Timothy Warren • DRE #02008347 • NAI Northern California
  2. Listed by Grant Chappell • DRE #01700439 • NAI Northern California

Property Details for 2005 Berkeley Way

City
BERKELEY
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Spaces per Unit - 1
Total # Parking Spaces
6
LISTING UPDATED: 10/25/2024 01:21 AM

Property Details for 2005 Berkeley Way

StatusActive
MLS #41073440
Days on Compass95
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1955
Lot Size0.14 AC / 6,120 SF
CountyAlameda County

Building Information for 2005 Berkeley Way

Stories-Residences6Year Built1955Building Size-Lot Size0.14 AC / 6,120 SF

Property Information for 2005 Berkeley Way

Features
Feature Details
  • Flooring: Hardwood Floors, Partial Carpeting
  • Laundry: Washer
Utility Details
  • Cooling: None
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Washer, Water Heater Gas, Security Gate, All Public Utilities, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Regular
  • Lot Sq Ft Apx: 6120
  • Lot Size Square Feet: 6120.0
  • Roof: Rolled Composition
  • Sq Ft Apx: 3714
  • Year Built: 1955
Location Details
  • Directions to Property: North Berkeley
  • FIPS Code: 06001
  • Census Tract: 4224.00
  • Parcel Number: 57-2051-27
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 6
  • Basement: None
  • Tenant Pays: Electric, Gas, Water
  • Financial Data Source: Owner
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: None
  • Apx Lot Acres: 0
  • On Site Parking Description: Space Per Unit - 1, Uncovered Park Spaces 2+
Other Financial Information
  • Existing Loan: ARM
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2005 Berkeley Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2005 Berkeley Way

Taxable ValueLand$641,412Additions$1,696,675Total$2,338,087
Tax Record2024$34,563 ($2,880 / month)
Home Facts
Total Finished SqFt3,714 SqFtAbove Grade Finished SqFt3,714 SqFtStories2Lot Size6,120 SqFtStyleMulti-Family Res (5+ Units)Year Built1955CountyALAMEDAAPN57-2051-27

Schools near 2005 Berkeley Way

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Washington Elementary School
Public - K to 5
Oxford Elementary School
Public - K to 5
Malcolm X Elementary School
Public - K to 5
Berkeley Arts Magnet at Whittier School
Public - K to 5
Rating
School
Distance
Washington Elementary School
PublicK to 5

Oxford Elementary School
PublicK to 5

Malcolm X Elementary School
PublicK to 5

Berkeley Arts Magnet at Whittier School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2005 Berkeley Way, Berkeley, CA 94704

2005 Berkeley Way is a multi-family home for sale in Berkeley, CA 94704. This property was listed for sale on September 17, 2024 by NAI Northern California, it's currently listed at $2,380,000. It has been on the market for a total of 95 days and was last sold on September 5, 2017. This listing's school district is Berkeley Unified School District. Nearby schools include Washington Elementary School, Oxford Elementary School and Malcolm X Elementary School. 2005 Berkeley Way is a 0-bed, 0-bath, 3,714 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Northern California, Timothy Warren, DRE #02008347; NAI Northern California, Grant Chappell, DRE #01700439

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.