2110 Ashby Avenue

Berkeley, CA 94705

$2,398,000
Price
—
Beds
6,600 Sq. Ft.
$363 / Sq. Ft.
6,600
Sq. Ft.
$363
per Sq. Ft.

Virtual Tour

Virtual Tour

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a view of a living room and dining room
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a view of a living room and dining room
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a living room with furniture and a flat screen tv
a kitchen with stainless steel appliances kitchen island granite countertop a refrigerator and a stove
a bathroom with a sink a toilet and a mirror
a living room with furniture and a flat screen tv
a bedroom with a bed and a flat screen tv
a living room with furniture and a flat screen tv
a kitchen with stainless steel appliances granite countertop a stove and a sink
a bathroom with a toilet and a sink
a room with furniture and wooden floor
a view of a workspace with furniture and a window
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
a bedroom that has a bed and a table in it
a view of outdoor space with wooden deck and furniture
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Description

Cap Rates @ 5.49 & GRM @ 9.79%. Welcome to 2110 Ashby Ave, a premier mix-used commercial building located in the heart of Berkeley's Elmwood neighborhood, offering an exceptional investment opportunity with upside, stable income from long-term tenants. In high demand, Ashby Ave is fully occupied, most of the units are well maintained, laundry unit on site, bonus garden areas ensures a high level of tenant satisfaction, seismic upgrades completed, dual pane windows. Additionally, the property includes...Cap Rates @ 5.49 & GRM @ 9.79%. Welcome to 2110 Ashby Ave, a premier mix-used commercial building located in the heart of Berkeley's Elmwood neighborhood, offering an exceptional investment opportunity with upside, stable income from long-term tenants. In high demand, Ashby Ave is fully occupied, most of the units are well maintained, laundry unit on site, bonus garden areas ensures a high level of tenant satisfaction, seismic upgrades completed, dual pane windows. Additionally, the property includes a bonus detached storage unit, which provides versatile usage options and holds potential for conversion into an ADU. further increasing the property's income-generating capabilities. Conveniently located, near Ashby Bart station, easy access to freeway, close to Berkeley Bowl, Whole Foods, and all the local shops and dining, short ride to UC Berkeley, this prime. location ensures a steady flow of potential tenants and business clients. Investors will appreciate the consistent and reliable rental income, coupled with the opportunity for rent increases and property appreciation over time. Whether you are looking to expand your portfolio or secure a stable income-producing asset, invest in 2110 Ashby Ave, a property that promises stability, potential growth, and an unbeatable location.

Property Details for 2110 Ashby Avenue

City
BERKELEY
Dist Neighborhood Subdiv
EDGE OF ELMWOOD
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
No Parking
Total # Parking Spaces
0
LISTING UPDATED: 08/26/2024 01:20 AM

Property Details for 2110 Ashby Avenue

StatusActive
MLS #41061952
Days on Compass149
Taxes$54,674 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units
Year Built1904
Lot Size0.12 AC / 5,200 SF
CountyAlameda County

Virtual Tour

Building Information for 2110 Ashby Avenue

Stories-Residences13Year Built1904Building Size-Lot Size0.12 AC / 5,200 SF

Property Information for 2110 Ashby Avenue

Features
Feature Details
  • Flooring: Linoleum, Tile
Utility Details
  • Cooling: None
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Garden / Greenbelt / Trails
Property Details
  • Additional Equipment: Carbon Mon Detector, Double Strapped Water Htr, Smoke Detector
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Regular
  • Lot Sq Ft Apx: 5200
  • Lot Size Square Feet: 5200.0
  • Roof: Bitumen
  • Sq Ft Apx: 6600
  • Year Built: 1904
Location Details
  • Directions to Property: See Google Map
  • FIPS Code: 06001
  • Census Tract: Yes
  • Parcel Number: 53-1587-20-1
  • Printed Neighborhood Rpt: Yes
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 13
  • Basement: None
  • Tenant Pays: Other
  • Financial Data Source: Owner, Tax Return, Property Manager
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Greenbelt
  • Apx Lot Acres: 0
  • Managers Unit: NO
  • On Site Parking Description: No Parking on Site
  • Tot Ann Oper Exp: 112970.0
  • Total Deposits: 20999
Income / Expense Details
  • Annual Exp Year: 121294
  • Annual Gross Sched Income: $243,564
  • Annual Insurance Expense: $5,000
  • Annual License Expense: $8,716
  • Annual Maint Expense: $6,500
  • Annual Mgmt Expense: $13,629
  • Annual Misc Income: $1,200
  • Annual Rent Income: $244,746
  • Annual Taxes: $54,674
  • Annual Util Expense: $37,080
  • Annual Vacancy: 0.0
  • Gross Income: $244,765
  • Gross Operating Actual Income: $244,765
  • Gross Rent Multiplier: 9.79
  • Net Operating Income: $131,795
Other Financial Information
  • Cap Rate: 5.49%
  • Existing Loan: 1st D/T
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2110 Ashby Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2110 Ashby Avenue

Taxable ValueLand$594,828Additions$709,477Total$1,304,305
Tax Record2023$29,182 ($2,432 / month)
Home Facts
Total Finished SqFt6,600 SqFtAbove Grade Finished SqFt6,600 SqFtStories3Lot Size5,200 SqFtStyleOffice BuildingYear Built1904Year Renovated1925CountyALAMEDAAPN53-1587-20-1

Schools near 2110 Ashby Avenue

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Emerson Elementary School
Public - K to 5
John Muir Elementary School
Public - K to 5
Malcolm X Elementary School
Public - K to 5
Willard Middle School
Public - 6 to 8
Rating
School
Distance
Emerson Elementary School
PublicK to 5

John Muir Elementary School
PublicK to 5

Malcolm X Elementary School
PublicK to 5

Willard Middle School
Public6 to 8

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 2110 Ashby Avenue, Berkeley, CA 94705

2110 Ashby Avenue is a multi-family home for sale in Berkeley, CA 94705. This property was listed for sale on June 3, 2024 by BHG Reliance Partners, it's currently listed at $2,398,000. This listing's school district is Berkeley Unified School District. Nearby schools include Emerson Elementary School, John Muir Elementary School and Malcolm X Elementary School. 2110 Ashby Avenue is a 0-bed, 0-bath, 6,600 sqft multi-family home built in 1904.

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 BHG Reliance Partners, Derek Han, DRE #01738860; Better Homes and Gardens RP, Anna Li, DRE #01189430

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.