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Listed by Joey Wang • Keller Williams Realty
$ 4,750,000
Est. payment | /mo
2 Beds
1 Bath
9,078 SqFt
$ 4,750,000
Est. payment | /mo
2 Beds
1 Bath
9,078 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,078 sqft
Price per Sqft $523
MLS Listing ID EB41112410
Bedrooms 2
Year Built 1964
Lot Size 6,440 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
Prime student housing investment just blocks from UC Berkeley in Southside. 2741 Dwight Way is a 12-unit property consisting of 2BD/1BA layouts (~750 sq ft each) across a 3-story, 9,078 sq ft building. All units are leased to UC Berkeley students, with turnover expected within 2 years-offering strong repositioning opportunity. Units feature original kitchens and baths, updated flooring, and large living rooms with layout flexibility for conversion to 3BD units with estimated post-renovation rents of up to $4,200/month. The property includes a rare subterranean garage with 15 spaces and potential for ADU conversion. Located on a major corridor with an AC Transit stop at the front door, and walking distance to campus, cafés, and Downtown Berkeley BART. Ideal long-term asset in a proven submarket.
Location
State CA
County Alameda
Area Berkeley Map Area 10
Interior
Heating Gas, Wall Furnace
Cooling Window / Wall Unit
Flooring Laminate
Laundry In Laundry Room, Washer, Dryer
Exterior
Exterior Feature Concrete, Stucco
Garage Spaces 15.0
Roof Type Other,Polyurethane
Building
Water Public, Heater - Gas
Others
Tax ID 55-1867-5
Special Listing Condition New, Not Applicable
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Drew Reid
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