2110 Ashby Ave Berkeley, CA 94705
Listing Courtesy of:  bridgeMLS / BHG Reliance Partners / Derek Han / Better Homes and Gardens Real Estate Reliance Partners / Anna Li

  2110 Ashby Ave Berkeley, CA 94705

Active (126 Days)
$2,398,000

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.

MLS #:
41070266
Lot Size
5,200 SQFT
Type
Multifamily
Year Built
1904
County
Alameda County
Community
Berkeley Bowl

Listed By

Derek Han, DRE #01738860 CA, Better Homes And Gardens Real Estate Reliance Partners
Anna Li, DRE #01189430 CA, Better Homes and Gardens Real Estate Reliance Partners
Source
bridgeMLS
Last checked Dec 23 2024 at 7:28 AM GMT-0800
Bathroom Details
Subdivision
  • Berkeley Bowl
Lot Information
  • Regular
Heating and Cooling
  • Wall Furnace
  • No Air Conditioning
Flooring
  • Tile
  • Laminate
  • Hardwood
Exterior Features
  • Roof: Other
Utility Information
  • Sewer: Public Sewer
Parking
  • Street Parking
Living Area
  • 6,600 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Bay East© 2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at: 12/22/24 23:28