Property profile

2703 California St Berkeley, CA 94703

FOR SALE
Commercial real estate
Property ID
US09-8607254
3,516 SF 0.06 ac lot Built 1950
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2703 California St, Berkeley, CA 94703 For Sale
$1,200,000 3,516 SF
2703 California St, Berkeley, CA 94703
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Property summary

AI-generated overview

This exceptional 3,516 square foot commercial property, located at 2703 California Street in Berkeley, California, presents a unique investment opportunity. Situated on a 0.06-acre lot, this well-established church building is ideally suited for a mid-sized congregation seeking a central Berkeley location. The property's prime location offers excellent visibility and accessibility. While detailed interior photos and information are forthcoming, a drive-by inspection is welcome to assess the exterior. The asking price of $995,000 reflects a motivated seller seeking a quick sale. Given the current market conditions, this represents a compelling value proposition for a religious organization or a buyer seeking a similarly sized space for conversion to another commercial use. Due to security protocols, access to the interior requires prior arrangement. Interested parties should contact the designated point of contact for scheduling a showing and to obtain further details regarding the property's features, condition, and potential uses. This is a rare opportunity to acquire a well-positioned commercial property in a highly desirable Berkeley neighborhood. Don't miss out on this chance to secure a valuable asset in a thriving community.

Property profile

Verified
Property type Commercial real estate
Year built 1950
Total area 3,516 SF
Lot 0.06 ac (2,614 SF)
UPID US09-8607254

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Location

2703 California St Berkeley, CA 94703
Berkeley metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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