USACABerkeleySouth Berkeley2360 Ellsworth St
Listing image | Image 1

2360 Ellsworth St, Berkeley, CA

House

For Sale

Listed price in listed location currency (USD).
$4,350,000

007

MLS® 41145057

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 4
Lot Size 0.0863 Acres
Approx. Age 1975
MLS® Number 41145057

Property Address: 2360 Ellsworth St, Berkeley, CA, 94704-1577

Average square foot calculated using Size range provided by listing agent.

Description

2360 Ellsworth St sits one block from the UC Berkeley campus edge in South Berkeley, where demand is driven by enrollment. Seven units and twenty six beds, leased by the bed or by the unit, so ownership runs whichever strategy the market rewards. A 6.60% cap and 9.22 GRM going in at 96% bed occupancy, with rents nearly 10% below market. The kicker: the seller is willing to sign a master lease at $452, 092 per year, lifting day one returns to a 7.22% cap and 6.76% cash-on-cash with zero leasing risk, and the owner still keeps $24, 272 a year of parking and other income. Collect steady, hands-off income or step in and operate for the upside. The heavy lifting is done: $370, 531 of capital invested since 2013, seismic retrofit complete, garage parking, common laundry, renovated quartz kitchens. Offered at $4, 350, 000, $167, 308 per bed.
MLS® Number41145057
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1975
Basement
Driveway
Garage Spaces
HeatNatural Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 14, 2026List Date
$4,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
2360 Ellsworth St, Berkeley, CA

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