2023 Channing Way

Berkeley, CA 94704

$3,600,000
Price
Beds
Baths
4,357 Sq. Ft.
$826 / Sq. Ft.
4,357
Sq. Ft.
$826
per Sq. Ft.

Description

We are pleased to present for sale 2023 Channing Way, a newly constructed, turnkey multifamily property. The property consists of six spacious units, all remodeled down to the studs in 2011. The entire property was rebuilt and expanded from it's original floor plan. Two of the units are not subject rent control as the city recognizes as new construction. Since completion, the property has operated with minimal maintenance or vacancy due to the unique layout, location and high construction quality....We are pleased to present for sale 2023 Channing Way, a newly constructed, turnkey multifamily property. The property consists of six spacious units, all remodeled down to the studs in 2011. The entire property was rebuilt and expanded from it's original floor plan. Two of the units are not subject rent control as the city recognizes as new construction. Since completion, the property has operated with minimal maintenance or vacancy due to the unique layout, location and high construction quality. This is truly a unique opportunity to purchase an irreplaceable property close to UC Berkeley.
  1. Listed by Grant Chappell • DRE #01700439 • NAI Northern California

Property Details for 2023 Channing Way

City
BERKELEY
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Assigned Spaces
Total # Parking Spaces
4
LISTING UPDATED: 03/10/2025 01:21 AM

Property Details for 2023 Channing Way

StatusActive
MLS #41087905
Days on Compass53
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built2011
Lot Size0.10 AC / 4,420 SF
CountyAlameda County

Building Information for 2023 Channing Way

Stories-Residences6Year Built2011Building Size-Lot Size0.10 AC / 4,420 SF

Property Information for 2023 Channing Way

Features
Feature Details
  • Flooring: Laminate
Utility Details
  • Cooling: None
  • Heating: Forced Air 1 Zone
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: None
  • City Transfer Tax: Yes
  • Exterior: Other
  • Lot Description: Other
  • Lot Sq Ft Apx: 4420
  • Lot Size Square Feet: 4420.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 4357
  • Year Built: 2011
Location Details
  • Directions to Property: Shattuck to Channing
  • FIPS Code: 06001
  • Census Tract: 4082
  • Parcel Number: 55-1895-8
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 6
  • Basement: None
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Property Manager
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • On Site Parking Description: Spaces - Assigned
  • Tot Ann Oper Exp: 85213.0
Income / Expense Details
  • Annual Rent Income: $267,960
  • Gross Rent Multiplier: 13.43
  • Net Operating Income: $180,066
Other Financial Information
  • Cap Rate: 5.0
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2023 Channing 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 2023 Channing Way

Taxable ValueLand$506,172Additions$881,081Total$1,387,253
Tax Record2024$24,468 ($2,039 / month)
Home Facts
Total Finished SqFt4,357 SqFtAbove Grade Finished SqFt4,357 SqFtStories3Lot Size4,420 SqFtStyleMulti-Family Res (5+ Units)Year Built1897Year Renovated1980CountyALAMEDAAPN55-1895-8

Schools near 2023 Channing Way

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

Malcolm X Elementary School
PublicK to 5

Oxford Elementary School
PublicK to 5

Washington Elementary 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.

Similar Homes

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2023 Channing Way is a multi-family home for sale in Berkeley, CA 94704. This property was listed for sale on March 3, 2025 by NAI Northern California, it's currently listed at $3,600,000. It has been on the market for a total of 53 days and was last sold on June 10, 2010. This listing's school district is Berkeley Unified School District. Nearby schools include Berkeley Arts Magnet at Whittier School, Malcolm X Elementary School and Oxford Elementary School. 2023 Channing Way is a 0-bed, 0-bath, 4,357 sqft multi-family home built in 2011.

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, 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.