2110 Ashby Ave, Berkeley, CA 94705
-
Listed Price :
$2,398,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
-
Year Built :
1904
Property 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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Flooring Information |
| Material |
Laminate, Tile, Wood |
Listing Information
| Address |
2110 Ashby Ave |
| City |
Berkeley |
| State |
CA |
| Zip |
94705 |
| County |
Alameda |
| Listing Agent |
Derek Han DRE #01738860 |
| Co-Listing Agent |
Anna Li DRE #01189430 |
| Courtesy Of |
BHG Reliance Partners |
| List Price |
$2,398,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
5,200 |
| Year Built |
1904 |
Listing information courtesy of: Derek Han, Anna Li, BHG Reliance Partners. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:31 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
