2922 Otis St

Berkeley, CA 94703

$1,399,999
Price
Beds
Baths
3,552 Sq. Ft.
$394 / Sq. Ft.
3,552
Sq. Ft.
$394
per Sq. Ft.

Description

Price reduced $100,000. Owner motivated. Well maintained 5-plex centrally located, walk to BART, 5 minutes to UC Berkeley campus and downtown Berkeley, close to everything. Freeways, restaurants and shopping. Owner has improved property in the last 1-2 years.Price reduced $100,000. Owner motivated. Well maintained 5-plex centrally located, walk to BART, 5 minutes to UC Berkeley campus and downtown Berkeley, close to everything. Freeways, restaurants and shopping. Owner has improved property in the last 1-2 years.
  1. Listed by Brian A. Wilson • DRE #01207903 • Brokerage DRE #01207903 • Realty World-Relocation Express • 408-799-6919

Property Details for 2922 Otis Street

MLS City Name
BERKELEY
Building Type
OTHER
Complex Name
Otis Manor
Garage Spaces
0
Parking Spaces
5
Cross Street
Ashby

Location

Listing Courtesy of Realty World-Relocation Express, Brian A. Wilson, DRE #01207903
Add your commute
LISTING UPDATED: 05/02/2025 08:08 PM

Property Details for 2922 Otis Street

StatusActive
MLS #ML82001772
Days on Compass53
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1961
Lot Size0.11 AC / 4,800 SF
CountyAlameda County

Building Information for 2922 Otis Street

Stories2Residences-Year Built1961Lot Size0.11 AC / 4,800 SF

Payment Calculator

$9,314 per month

30 year fixed, 6.845% Interest

Principal and Interest

$7,335

Property Taxes

$1,979

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2922 Otis Street

Features
Features
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Laundry: Coin Operated, Washer / Dryer
  • Living SqFt: 3552
  • Pool: No
  • Security Features: Security Lights
  • Special Features: Wheelchair Access
Utilities
  • Cooling: Ceiling Fan
  • Heating: Gas, Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, On Street, Parking Area, Uncovered Parking
Property Details
Homeowners Association
  • HOA Amenities: Organized Activities
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Berkeley Map Area 8
  • Roof: Rolled Composition
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Assessor
  • Street Number: 2922
  • Street Name: Otis
  • Street Suffix: Street
  • Area ID: 2308
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3552
  • Structure SqFt Source: Assessor
  • Age: 64
Development Information
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Directions: Off Ashby above MLK
  • Incorporated: No
  • Parcel Number: 053-1599-010
  • County Name: Alameda
  • City Name: BERKELEY
  • City Postal ID: 123
  • Postal Code: 94703
  • Elementary School District: 1034
  • High School District Text: Berkeley Unified
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .11
  • Lot Description: Regular
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Balcony / Patio, Fenced, Low Maintenance
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Capitalization Rate: 6.31
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Heating
  • Income Includes: Rents
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $500
  • Expense Landscape: $100
  • Expense Maintenance: $1,000
  • Expense Management: $100
  • Expense Trash: $400
  • Expenses Other: $0
  • Expenses Utility: $800
  • Expenses Total: $2,900
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 14.58
  • Income Annual Gross: $91,200
  • Income Annual Rental: $96,000
  • Income Gross Scheduled: $96,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Number of Bedrooms: 2
Unit 3 Information
  • Unit 3 Number of Bedrooms: 1
Unit 4 Information
  • Unit 4 Number of Bedrooms: 1

Property History for 2922 Otis Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2922 Otis Street

Taxable ValueLand$510,000Additions$918,000Total$1,428,000
Tax Record2024$23,746 ($1,979 / month)
Home Facts
Total Finished SqFt3,552 SqFtAbove Grade Finished SqFt3,552 SqFtStories2Lot Size4,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1961CountyALAMEDAAPN53-1599-10

Schools near 2922 Otis Street

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 - 6 to 8
Rating
School
Distance
Emerson Elementary School
PublicK to 5

Malcolm X Elementary School
PublicK to 5

John Muir 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.

Similar Homes

Similar Sold Homes

2922 Otis Street is for sale in Berkeley, CA 94703. This property was listed for sale on April 19, 2025 by Realty World-Relocation Express, it's currently listed at $1,399,999. It has been on the market for a total of 53 days and was last sold on August 25, 2022. This listing's school district is Berkeley Unified School District. Nearby schools include Emerson Elementary School, Malcolm X Elementary School and John Muir Elementary School. 2922 Otis Street is a 0-bed, 0-bath, 3,552 sqft built in 1961.

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 Realty World-Relocation Express, Brian A. Wilson, DRE #01207903

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.