GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
Listed by Jatin Mehta • Kite Hill Real Estate
Bought with Jatin Mehta • Kite Hill Real Estate
Bought with Jatin Mehta • Kite Hill Real Estate
$ 2,115,000
$ 2,300,000 8.0%
Est. payment /mo
Sold on 08/08/2025
2215 Cedar St Berkeley, CA 94709
4,601 SqFt
UPDATED:
Key Details
Sold Price $2,115,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,601 sqft
Price per Sqft $459
MLS Listing ID 41094858
Sold Date 08/08/25
HOA Y/N No
Year Built 1901
Lot Size 6,866 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
Located at 2215 Cedar Street in the heart of North Berkeley, this property offers an excellent unit mix, consisting of (4) 2-bedroom units and (3) 1-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 $15,080 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 3-4 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.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling None
Flooring Wood
Fireplace No
Laundry Coin Operated
Building
Lot Description Rectangular Lot, Paved
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.