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$995,000
41147827 MLS
Two blocks to Cal. One block to Shattuck. Seven residential units plus a separate office space, fully occupied, in a 1905 Colonial Revival on a 4,500 SF lot. Six studios and one two-bedroom — private units in a submarket where shared houses dominate. $167,520 annualized gross income against a $1,100,000 asking price: a 7.8% cap at a 6.6 GRM going in, 9.7% and 5.6 at market as units turn. Two Berkeley Housing Authority tenancies pay roughly $3,387 monthly direct. Landlord carries all utilities across a master-metered building. A three-car tandem driveway sits unleased, the basement holds unallocated storage, and there is no laundry on site — three revenue lines absent from the rent roll. The parcel sits inside a Tier 1 transit zone and a campus development zone. $157,000 per unit, two blocks from the UC Berkeley campus.

2214 Channing Way, Berkeley

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

$1,895,000
5 Beds 5 Baths 41145424 MLS
Welcome to 483 Boynton Avenue, a beautifully updated Berkeley Hills home where modern design meets classic Berkeley character. Offering 3,081 square feet, this 5-bedroom, 4.5-bath residence features a bright, open layout, warm wood floors, clean modern finishes, and abundant natural light. The spacious kitchen is the heart of the home, featuring generous counter space, a large center island, and seamless flow into the living and dining areas, perfect for both everyday living and entertaining. The flexible floor plan includes a generous primary suite with a walk-in closet and private bath. A separate ADU with its own kitchen, living area, bedroom, and bath offers excellent versatility for guests, extended family, a home office, or additional living space. Enjoy inviting outdoor areas and a desirable location near Solano Avenue’s shops, restaurants, cafés, parks, trails, and transportation. A rare opportunity to own a spacious, modern Berkeley home with exceptional flexibility. Home energy score of 3

483 Boynton Ave, Berkeley

Listing courtesy of Jonah Rutkin from EXP Realty of California, Inc. 415-722-1359

$1,650,000
41144559 MLS
To access the marketing package copy/paste: https://bit.ly/kitehillre Kite Hill Real Estate presents 2427 McKinley Ave, a well-maintained 6-unit mid-century apartment building located in one of Berkeley's most desirable rental markets. Situated just 6–7 blocks from UC Berkeley and only a few blocks from Downtown Berkeley BART, the property offers exceptional access to campus, public transit, restaurants, cafés, grocery stores, and the vibrant Downtown Berkeley commercial district. The property features an attractive unit mix of (4) 1-bedroom/1-bath units and (2) studio units, appealing to Berkeley's consistently strong demand from students, faculty, and young professionals. The property is 100% occupied and generates over $140,000 in annual gross income, providing stable in-place cash flow. Additional amenities include 1:1 covered garage parking, on-site coin-operated laundry, and 4 of the 6 units have been renovated, enhancing tenant appeal while reducing future capital needs. Ownership has completed several major improvements, including the mandatory soft-story seismic retrofit and sewer lateral compliance, allowing investors to acquire a well-maintained asset with significant infrastructure work already completed. Built in 1962, 2427 McKinley Avenue offers a rare combination of a premier Berkeley location, strong current income, and long-term investment potential.

2427 Mckinley Ave, Berkeley

Listing courtesy of Jatin Mehta from Kite Hill Real Estate. 510-878-6800

$3,285,000
41135043 MLS
To access the marketing package, copy and paste: https://bit.ly/kitehillre 3411 Adeline Street is a fully renovated 6-unit apartment building located one block from Ashby BART in Berkeley. The property provides convenient access throughout Berkeley, Oakland, San Francisco, and the greater Bay Area while benefiting from a Walk Score of 95 near cafés, restaurants, markets, and neighborhood amenities along the Adeline corridor. Its location has historically attracted demand from UC Berkeley students, commuters, and young professionals seeking large-format housing with convenient transit access. The property features a unit mix of (3) 3-bedroom/2-bath units, (1) 4-bedroom/3-bath unit, and (2) 4-bedroom/4-bath units, making it well suited for traditional rental, student housing, or co-living. Current rents average over $4,480 per month per unit, providing strong in-place income with additional long-term rental upside. The large floor plans are complemented by in-unit laundry, shared laundry facilities, solar panels, and off-street parking. Originally redeveloped down to the studs, the property has undergone extensive renovations including all new electrical, plumbing, roof, and windows. Each unit has been updated with modern kitchens, bathrooms, and contemporary finishes throughout. In addition, the property includes two newly constructed ground-up ADUs at the rear, further enhancing the property's income profile. The asset is currently offered at a 6.77% Cap Rate and 9.54 GRM.

3411 Adeline St, Berkeley

Listing courtesy of Jatin Mehta from Kite Hill Real Estate. 510-878-6800

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