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$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

$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

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