2110 Ashby Ave, Berkeley, CA

$2,555,000

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6,600

Square feet

0.12

Acres

About 2110 Ashby Ave

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. Cap @4.86%. Projected @ 6.09%.

Features of 2110 Ashby Ave

MLS® # 41061952
Price $2,555,000
Bathrooms 0.00
Square Footage 6,600
Acres 0.12
Year Built 1904
Type COMM RI MULTI-UNITS 5+
Sub-Type 5 or More Units
Status Active

Community Information

Address 2110 Ashby Ave
Area Listing
Subdivision EDGE OF ELMWOOD
City Berkeley
County Alameda
State CA
Zip Code 94705

Amenities

Parking Spaces 3
Parking No Parking on Site
Is Waterfront No
Has Pool No

Interior

Heating Wall Furnace
Cooling None
Fireplace No

Exterior

Exterior Features Greenbelt
Lot Description Regular
Construction Stucco

Additional Information

Date Listed June 3rd, 2024
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDerek Han
OfficeBHG Reliance Partners

Listing Map

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