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    2344 9th St Berkeley, CA 94710

    Sponsored
    For Sale
    $1,200,000

    Prime Berkeley location, high-demand rental market.

    Property size:
    4,661 SF

    Description

    Added:
    Jan 23, 2025
    Days on Market:
    348
    This exceptional 6-unit apartment building at 2344 9th Street, Berkeley, CA 94710, presents a compelling investment opportunity. The property boasts a desirable unit mix, featuring two upgraded one-bedroom units and four spacious two-bedroom units, all meticulously renovated with modern amenities and high-quality finishes. Ample off-street parking for all six units is a significant advantage in this highly sought-after location. Berkeley's vibrant culture, renowned universities, and proximity to major tech hubs create a consistently strong rental market, ensuring high occupancy rates and steady income. The 4,661 square foot building sits on a 0.15-acre lot and is ideally situated near 4th Street's shops and restaurants, offering tenants convenient access to a thriving urban environment. This property represents a rare chance to acquire a well-maintained asset in a prime location with significant potential for long-term growth and return on investment. The combination of desirable unit sizes, ample parking, and Berkeley's robust rental market makes this a truly exceptional investment opportunity. The property's location near major highways provides easy access to the broader Bay Area.

    Property Features for 2344 9th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,661 SF
    Price / Square Foot
    $257
    Class
    C
    Elevators
    N/A
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1953
    Buildings
    1
    Stories
    2
    Units
    6

    HighLights

    • Six‑unit apartment building in desirable Berkeley, CA.
    • Ample off‑street parking, a rare amenity in Berkeley.
    • Recently renovated units with modern amenities and high‑quality finishes.
    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
    -122.29289
    Latitude
    37.862744

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    FAQs

    What type of property is this?
    Multifamily property - Prime Berkeley location, high-demand rental market.
    Where is this multifamily property located?
    The property is located at 2344 9th St Berkeley, CA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Six-unit apartment building in desirable Berkeley, CA.; Ample off-street parking, a rare amenity in Berkeley.; Recently renovated units with modern amenities and high-quality finishes.
    (415) 625-2160
    Request Owner's contact information
    2344 9th St Berkeley, CA 94710
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    Berkeley, CA 94710
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2344 9th St Berkeley, CA 94710
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