2215 Cedar St, Berkeley, CA 94709 - Berkshire Hathaway HomeServices California Properties
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2215 Cedar St, Berkeley, CA 94709

$2,500,000 Approx. USD 0 beds, 0 baths
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Listing Agent


Jatin Mehta | jat@teamkitehill.com
Lic#: 02045713
Broker: Courtesy of Kite Hill Real Estate

Agent Remarks

To access marketing package copy/paste: https://bit.ly/kitehillre. Located at 2215 Cedar Street in the heart of North Berkeley, this property offers an excellent unit mix, consisting of six 1-bedroom units and one spacious 2-bedroom unit. This combination provides a versatile rental opportunity, catering to a range of tenants. Each unit has been extensively renovated, with modern finishes and upgrades that make them highly attractive in today’s market. The improvements, which include new siding, a new roof, plumbing, electrical systems, windows, decks, stairs, and tankless water heaters, were all completed with permits, ensuring quality and compliance. The property is fully occupied and currently generates over $17,000 per month in rental income, with significant upside potential. With an estimated 15% to 20% increase in rents, there is ample room for growth in cash flow. Additionally, the property includes 1:1 off-street parking for tenants, providing convenience and ensuring a hassle-free living experience. Onsite coin-operated laundry facilities are available for tenant use, adding extra value and ease to everyday living. Situated just a short walk from UC Berkeley, 2215 Cedar Street offers an A+ location that is highly sought after by students and professionals alike.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41094858
Price: $2,500,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1901
0.16 acres
Lot size: 0.1576
County: Alameda
Construction: Stucco
Heating/cooling: None
Heating description: Natural Gas

Last Updated: 5/1/2025

 Days On Market (DOM): 21

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Lat/Long: 37.879012, -122.266215.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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