2610 College Ave, Berkeley, CA 94704

$1,899,950
7,950
SqFt

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List Price
$1,899,950
Status
ACTIVE
MLS#
41135230
Price Change
▼ $100,000 1785299165
Year Built
1903
Property Type
5 Or More Units
Living Area
7,950
Lot Size
7,950
Acres
0.18
County
Alameda
Subdivision
Elmwood

Property Description

Rare investment opportunity on iconic College Avenue in Berkeley. This expansive single-family property features specialized use potential and flexible living configurations ideal for investors, owner-occupants, or income-focused buyers. The main residence offers four bedrooms, two bathrooms, oversized living spaces, basement access, and multiple generously sized bedrooms. Two rooms share access to a private patio deck, creating additional outdoor appeal. A separate section of the property includes seven additional bedrooms — six located on the upper level — along with two kitchens, two bathrooms, and attic access, offering versatile occupancy and layout possibilities. The property also features an attached art studio with a private entrance and dedicated bathroom. Currently operated in a manner similar to single-room occupancy (SRO) use, the property presents multiple potential income-producing opportunities, subject to buyer verification and local regulations. Possible uses may include owner-occupancy with supplemental rental income or maximizing rental potential across multiple sections. Conveniently located near shops, dining, transit, and neighborhood amenities, this property offers strong long-term investment potential. Property could benefit from and may require updates and improvements, providing an opportunity to increase ROI. Buyer to investigate and verify permit status, bedroom and bathroom count, and square footage of all living areas to their satisfaction.Buyer to verify current occupancy, rents, tenancy, lease, and expenses to their satisfaction. Property is exempt from BESO as an REO per BESO. Pending exemption certification.

Additional Information

Exterior
Wood Shingles
Flooring
Partial Carpeting, Other
Lot Description
Premium Lot, Rectangular Lot, See Remarks
Parking Features
Guest, Parking Lot
Roof
See Remarks
Water Sewer
Public

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Listing courtesy of Ashley Monasmith from Monasmith Real Estate. 831-221-6051

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