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Listing Courtesy Of:
COMPASS, Willem Bos
Local Realty Services Provided By:
KW Advisors
Overview
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2537 Ellsworth St, Berkeley, CA 94704
2537 Ellsworth St, Berkeley, CA 94704
Estimation provided by Keller Williams Realty Inc.
Active
For Sale
Property Description
2537 Ellsworth Street in Berkeley, a turnkey investment with massive renovations in the past year. Situated just blocks from the UC Berkeley campus, 2537 Ellsworth Street offers a rare opportunity to own a fully remodeled nine (9) unit multifamily property in one of the city's most desirable locations. Priced at $5,675,000, this turnkey investment features seven (7) spacious 3-bedroom/2-bathroom units and two (2) 3-bedroom/1.5-bathroom units, all recently updated with modern finishes and high-quality improvements. This property has undergone extensive renovations totaling over $825,000+, including new windows, a secured parking gate, a new roof, and electrical upgrades. With 10 garage spaces and thoughtful capital improvements throughout, it offers both convenience and peace of mind for tenants and investors alike. Located within walking distance of gourmet restaurants, artisan coffee shops, and multiple BART stations, Ellsworth Street combines modern living with urban connectivity. Currently fully occupied by undergraduate students, this property generates strong cash flow with a current in-place cap rate of 5.50%, and a projected market cap rate of 6.58%+
Property Details
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Overview
Property Type
5 or More Units
Property Size
Year Built
1965
Days on Site
57 Days
HVAC
Electric
Parking
11 Parking Spaces
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$5,525,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
03/24/2025
Price Decrease
(-2.64% )
02/03/2025
Listed
(+146.74% )
04/17/2023
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+4.71% )
Land 101,569 +
Additions 246,970
2021
(+23.27% )
Land 99,577 +
Additions 242,128
2019
(+3.09% )
Land 96,624 +
Additions 234,947
2018
(+13.38% )
Land 94,730 +
Additions 230,342
2016
Land 91,052 +
Additions 221,398
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Ashby BART
Car-Dependent
Walkable
Very Walkable
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