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2341 8th St Berkeley, CA 94710

Sponsored
For Sale
$2,100,000

Prime Berkeley investment opportunity: 10 units, ample parking.

Property size:
6,168 SF

Description

Added:
Jan 23, 2025
Days on Market:
349
This exceptional 10-unit apartment building, located at 2341 8th Street in Berkeley, CA 94710, presents a compelling investment opportunity. The property boasts a desirable unit mix of eight upgraded one-bedroom units and two spacious two-bedroom units, all featuring modern amenities and high-quality finishes. Each unit has been thoughtfully renovated to ensure competitiveness in the robust Berkeley rental market. A significant advantage is the ample off-street parking provided for all ten units—a rare and highly valued amenity in this location. The building's total size is 6,168 square feet, situated on a 0.3-acre lot. Berkeley's vibrant culture, renowned educational institutions, and proximity to major tech hubs and public transportation create consistently high demand for rental housing. This strong demand, coupled with the limited housing supply, positions this property for consistent returns and long-term growth. The property's recent upgrades, combined with its superior parking and location near 4th Street's shops and restaurants, ensure sustained tenant appeal and high occupancy rates. This is a rare chance to acquire a well-maintained asset in one of the most desirable areas of the San Francisco Bay Area. The property's value is further enhanced by its convenient access to major highways. This is a value-add opportunity with significant potential for future appreciation.

Property Features for 2341 8th St

General Information

Property type
Multifamily properties
Square Feet
6,168 SF
Price / Square Foot
$340
Class
C
Elevators
N/A
Lot Size
13,068 SF

Building Details

Year Built
1953
Buildings
1
Stories
2
Units
10

HighLights

  • Ten‑unit apartment building in desirable Berkeley, CA.
  • Eight one‑bedroom and two two‑bedroom units, all upgraded.
  • Ample off‑street parking; a rare amenity in Berkeley.
Location Intelligence

Current Use by Public Records

Residential income homes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Berkeley
State
California
Longitude
-122.293348
Latitude
37.862723

FAQs

What type of property is this?
Multifamily property - Prime Berkeley investment opportunity: 10 units, ample parking.
Where is this multifamily property located?
The property is located at 2341 8th St Berkeley, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Ten-unit apartment building in desirable Berkeley, CA.; Eight one-bedroom and two two-bedroom units, all upgraded.; Ample off-street parking; a rare amenity in Berkeley.
More about this property
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