835 Channing Way Immeuble residentiel 14 lots 2 799 485 € (199 963 €/Lot) Taux de capitalisation 5,50 % Berkeley, CA 94710

On the market for the first time in nearly 35 years, this well-maintained West Berkeley multifamily compound offers an exceptional investment opportunity. The property spans almost half an acre and consists of three separate structures with individual addresses, totaling 14 units across 10,968 square feet of building area. Unit mix includes large two-bedroom and one-bedroom configurations, with six units located at 835 Channing Way, including five two-bedroom/one-bath units and one three-bedroom/one-bath unit. Additional buildings include four two-bedroom/one-bath units on-site and four more at adjacent addresses.
Current ownership has demonstrated pride of care, maintaining the property to a high standard and tastefully renovating units upon turnover. This rare offering features approximately 30% upside in rental income, allowing new ownership to capitalize on Berkeley’s strong rental demand. Priced at $3,250,000 with a competitive CAP rate of 5.5%, GRM of 9.75, and priced at $232K per door, this asset delivers solid in-place performance with significant growth potential for value-add investors.