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$1,650,000
41142955 MLS
1926 Alcatraz Avenue presents an opportunity to acquire a well-located six-unit multifamily property in the desirable South Berkeley neighborhood. Built in 1958, the two-story property consists of six one-bedroom, one-bath units totaling approximately 3,066 rentable square feet. The sale includes two parcels totaling approximately 4,149 square feet, with off-street parking at the front of the building and a shared backyard with lawn area. The property offers a low-maintenance unit mix, stable in-place income, and long-term upside through future unit turnover and strategic improvements. Located approximately half a mile from Ashby BART Station, residents enjoy convenient access to Oakland, San Francisco, and major employment centers throughout the Bay Area. The surrounding neighborhood also provides easy access to shopping, dining, public transportation, and everyday services. With strong Walk and Bike Scores, 1926 Alcatraz Avenue offers an attractive combination of location, income, and long-term investment potential.

1926 Alcatraz Ave, Berkeley

Listing courtesy of Nolan Jones from KELLER WILLIAMS TRI VALLEY REALTY. 510-867-4806

$1,600,000
41142511 MLS
Cap Rate - 3.67% (Current) | GRM – 10.98 (Current) Cap Rate – 6.08% (Proforma) | GRM – 9.20 (Proforma) We proudly present 2925 Mabel St in Berkeley, CA for sale. The multifamily asset features seven (7) total units across two separate buildings: a classic Victorian-style residence and a separate fourplex in the rear. The Victorian residence was converted into three (3) units, including a 3 bed / 2 bath and two (2) studios, while the fourplex is comprised of four (4) 1 bed / 1 bath units. A new driveway, new electric subpanels in the Victorian, completed sewer lateral, and SB 721 balcony clearance are some of the recent capital improvements. The property allows for multiple value-add strategies. The Victorian residence - which can be delivered vacant - can be converted back into a single-family home, or there is a potential for a lot split allowing the sale of the two buildings independently. Separate meters for electric and gas, and each building has separate water meters (2 in total). Located in Southwest Berkeley, the property is under one (1) mile from Ashby BART or quick access to Highway 80, allowing easy connections to Oakland, San Francisco, and the surrounding East Bay. A short distance to both UC Berkeley and Emeryville activities, the surrounding area offers an abundance of restaurants and shopping.

2925 Mabel St, Berkeley

Listing courtesy of Davide Pio from BCRE. 510-815-2000

$999,000
3 Beds 1 Baths 41142240 MLS
Located in the heart of South Berkeley, this property presents an exceptional opportunity for investors, contractors, or buyers looking to restore and reimagine a home in a sought-after neighborhood. Abundant natural light, hardwood floors ready for refinishing, charming original details, and a roof lantern above the kitchen showcase the home’s unique character and untapped potential. The property requires extensive updating and repairs, with significant deferred maintenance throughout. Just moments from UC Berkeley, Telegraph Avenue, Shattuck Avenue, neighborhood shops, restaurants, and everyday conveniences, the location provides an outstanding foundation for your vision.

2219 Derby St, Berkeley

Listing courtesy of Michael Stephens from Corcoran Icon Properties. 510-816-9693

$1,549,888
3 Beds 2 Baths 41140985 MLS
Some homes simply provide a place to live. Others create a feeling the moment you walk through the door. This exceptional A-frame is one of those rare homes. Blending timeless architecture with beautifully curated updates, it offers warm, light-filled interiors, soaring ceilings, and inviting gathering spaces designed for both everyday living and unforgettable entertaining. Beyond its beautiful living areas, the home offers remarkable flexibility with a finished bonus attic that is ideal as a potential 4th bedroom, media room, creative studio, playroom, or additional workspace, as well as a detached office perfect for today's work-from-home lifestyle, a private gym, or an inspiring artist's retreat. Step outside and discover a backyard that feels like your own private sanctuary, complete with a spacious deck, pergola, mature landscaping, and multiple outdoor spaces designed for relaxing, entertaining, and creating lasting memories. Lovingly maintained and thoughtfully improved over the years, this home reflects decades of pride of ownership, with meaningful updates that preserve its character while embracing modern comfort. Even more remarkable, this home has had only two owners since it was built in 1903—a rare testament to how deeply cherished this property has been for more than a century. Whether you're hosting friends beneath the pergola, working from the detached office, or enjoying quiet evenings beneath the dramatic rooflines that define this iconic A-frame, every space has been thoughtfully designed to inspire connection, creativity, and comfort .Homes that offer this level of architectural distinction, versatility, rich history, and indoor-outdoor living rarely come to market. This is more than a home: it's a legacy property that captures the timeless charm of Berkeley while offering the space, flexibility, and lifestyle today's buyers have been searching for. Home Energy Score of 2.

1538 Russell St, Berkeley

Listing courtesy of Marco Rodriguez from Genesis Real Estate. 510-375-3172

$899,000
41140676 MLS
Classic (4) fourplex in highly desired South Berkeley. Close to BART, shopping, schools and parks. This property has been owned by the same family for many, many years. Each unit is tenant occupied with similar layouts; 1 bedroom, 1 bathroom, living room, quaint eat in area possible in kitchen, shower over tub. Landowner provides a refrigerator and stove to each unit. It is possible to provide 1 parking space for each unit, however, two front tenants do not have the right to park on the property as is written in their leases. Well established tenants, instant income. Please do not disturb tenants. Neighborhood has the flavor of new life and new businesses are budding. Church next door to the North is in transition and may be a designated landmark. Some research property searches suggest that this property is also a designated Landmark property but sellers research concluded that the City of Berkeley clarified that it is not a Landmark property.

3207-3213 Ellis St, Berkeley

Listing courtesy of Jeremy Lebeau from ALOHA BAY REALTY. 510-220-5227

$1,695,000
41137197 MLS
Exceptional 4-unit Berkeley property offering rare flexibility for both owner-occupiers and investors.** This unique compound features a triplex plus a fully permitted, recently upgraded 1BD/1BA ADU at the rear of the property. Two units are currently leased and income-generating, while two units are scheduled to be delivered vacant at close of escrow—creating an ideal opportunity to live on-site, generate rental income, or reposition the property for long-term wealth building. The front triplex includes three well-maintained residences: a bright and spacious 3BD/2BA upper unit with soaring ceilings and a formal dining room, plus two lower-level units consisting of a 3BD/1BA and a 2BD/1BA. The rear ADU feels like new and offers a private patio, making it an excellent owner’s retreat, guest space, or premium rental unit. Enjoy a lush shared backyard with a BBQ area, raised garden beds, and vibrant landscaping. Ideally located near Berkeley shops, parks, transit, restaurants, and everyday conveniences, 1522 Harmon offers excellent proximity and walkability in one of the Bay Area’s most desirable rental markets. The property is **BESO compliant and sewer compliant**, adding valuable peace of mind for the next owner. A rare Berkeley opportunity combining location, income potential, lifestyle, and long-term upside.

1522 Harmon St, Berkeley

Listing courtesy of Chris Strange from Rise Group Real Estate. 408-910-4712

$3,300,000
41134280 MLS
Positioned just one block from Ashby BART in the heart of South Berkeley, 3228 Adeline St is a mixed-use 7-unit asset offering strong day-one income and long-term upside. Located on a vibrant commercial corridor with a 95 Walk Score, the property enjoys easy access to cafés, local markets, and transit connecting directly to San Francisco and beyond. With a location that appeals to both students and working professionals, it sits in a high-demand pocket primed for continued rental performance. The building includes five renovated residential units—ranging from a 2BD/1BA to 4 and 5-bedroom layouts—and two commercial spaces, one of which will be delivered vacant and primed for lease-up or residential conversion. The units are offered furnished and designed to attract UC Berkeley students, traveling professionals, or coliving tenants. The building also features shared laundry, an attic-level common lounge, and a rear lot with ADU potential. Professionally managed by The Berkeley Group, this is a well-maintained, stable property with the benefit of flexibility—offering investors a strong existing income at a 7.5% CAP with multiple avenues to unlock future growth.

3228 Adeline Street, Berkeley

Listing courtesy of Joey Wang from Keller Williams Realty. 510-592-5554

$899,000
41132589 MLS
Incredible opportunity to acquire a charming duplex in the heart of South Berkeley. This Duplex offers two well-configured units, a 1BD/1BA and a 2BD/1BA, with exceptional location fundamentals and significant value-add potential for the investor or contractor ready to make their move. A Home Energy Score of 5 reflects the property's current energy performance and presents a clear opportunity for improvement, adding yet another layer of upside for the right buyer. Centrally located in South Berkeley, this property sits within easy reach of Berkeley's best dining, retail, parks, and BART connectivity, the kind of location that supports strong, stable rental demand year over year. Whether you're looking to renovate and reposition for stronger returns or add a well-located asset to your growing portfolio, the bones are here and the upside is real. Two income-producing units, a central South Berkeley address, and a value-add story worth exploring. Don't miss this one.

Berkeley

Listing courtesy of Nkosi Groover from Kai Real Estate. 510-421-9132

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