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Listed by Joey Wang • Keller Williams Realty
$ 2,700,000
Est. payment | /mo
6,902 SqFt
$ 2,700,000
Est. payment | /mo
6,902 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,902 sqft
Price per Sqft $391
Subdivision Berkeley
MLS Listing ID 41130815
HOA Y/N No
Year Built 1963
Lot Size 6,750 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
Just four blocks from UC Berkeley and half a block off Shattuck Ave, 2172 Blake St is positioned in one of South Berkeley's most reliable rental locations, where proximity continues to drive demand year after year. This 10-unit building offers a strong foundation with a clean, well-maintained structure and a unit mix of (2) 1BDs and (8) 2BDs across 6,902 sq ft. Current 2BD rents average $2,300–$2,500/month, leaving clear room to grow toward ~$3,000+ market levels. Several units feature oversized living rooms that may be reconfigured into additional bedrooms to better capture student demand. The building has been seismically retrofitted and is no longer on Berkeley's soft story list, and includes gated entry, 10 parking spaces, 11 storage closets, and onsite laundry. With transit, dining, and campus just minutes away, this is a stabilized asset with meaningful upside in both income and long-term value.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Tile, Vinyl, Carpet
Fireplace No
Appliance Refrigerator, Dryer, Washer
Laundry Common Area, Dryer, Washer
Building
Lot Description Front Yard, Security Gate
Others
Special Listing Condition Standard
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745