Active

2110 Ashby Ave

Berkeley CA, 94705

$2,555,000


$387.12 per sqft

Active

6,600 sqft

Multi-family

Built in 1904

Welcome to 2110 Ashby Ave, a premier mix-used commercial building located in the heart of Berkeley's Elmwood neighborhood, offering an exceptional investment opportunity with upside, stable income from long-term tenants. In high demand, Ashby Ave is fully occupied, most of the units are well maintained, laundry unit on site, bonus garden areas ensures a high level of tenant satisfaction, seismic upgrades completed, dual pane windows. Additionally, the property includes a bonus detached storage unit, which provides versatile usage options and holds potential for conversion into an ADU. further increasing the property's income-generating capabilities. Conveniently located, near Ashby Bart station, easy access to freeway, close to Berkeley Bowl, Whole Foods, and all the local shops and dining, short ride to UC Berkeley, this prime. location ensures a steady flow of potential tenants and business clients. Investors will appreciate the consistent and reliable rental income, coupled with the opportunity for rent increases and property appreciation over time. Whether you are looking to expand your portfolio or secure a stable income-producing asset, invest in 2110 Ashby Ave, a property that promises stability, potential growth, and an unbeatable location. Cap @4.86%. Projected @ 6.09%.

41061952

MLS ID

June 4, 2024

Listed

June 10, 2024

Updated

Map

2110 Ashby Ave
Berkeley CA, 94705

Interior Features

Floor Description

Linoleum, Tile


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.12 Acres


Exterior Features

Greenbelt


Lot Features

Regular


Sewer

Public Sewer

Other Property Details

Area Name

Berkeley


Garage

No


Parking

No Parking on Site


Parking Total

3


View

No


County

Alameda


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listed by Derek Han with BHG Reliance Partners
Listing Contact: 510-847-5598 

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