2110 Ashby Ave, Berkeley, CA

$2,398,000

Previous Next

6,600

Square feet

0.12

Acres

About 2110 Ashby Ave

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.

Features of 2110 Ashby Ave

MLS® # 41070266
Price $2,398,000
Bathrooms 0.00
Square Footage 6,600
Acres 0.12
Year Built 1904
Type Residential Income
Sub-Type OTHER
Status Active

Community Information

Address 2110 Ashby Ave
Area Listing
Subdivision BERKELEY BOWL
City Berkeley
County Alameda
State CA
Zip Code 94705

Amenities

Parking Street Parking
Is Waterfront No
Has Pool No

Interior

Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No

Exterior

Exterior Features Back Yard, Greenbelt
Lot Description Regular
Construction Stucco

Additional Information

Date Listed August 19th, 2024
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDerek Han
OfficeBHG Reliance Partners

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?