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Listed by Derek Han • BHG Reliance Partners
$2,250,000
Est. payment /mo
5,200 Sqft Lot
Price Dropped by $148K
2110 Ashby Ave Berkeley, CA 94705
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 01-41070266
Year Built 1904
Lot Size 5,200 Sqft
Property Description
New price! The current cap rate is 5.74%! 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.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Laminate, Tile, Wood
Exterior
Parking Features Gated
Building
Lot Description Back Yard
Sewer Public Sewer