$2,398,000
For Sale

2110 Ashby Ave

Berkeley, CA 94705
Listing OfficeBHG Reliance Partners
Browse 56 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Cap Rates @ 5.49 & GRM @ 9.79%. 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.

  • Property Details
      • Acres0.1194
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1904
  • Community and Neighborhood Details
      • SubdivisionEDGE OF ELMWOOD
    • Location
      • CountyAlameda
  • Financial Details
      • Original List Price$2,555,000
      • Taxes Annual$54,674
  • Other
      • MLS #41061952

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

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10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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