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Colonial Revival Apartment Building
New
For Sale
$995,000

2214 Channing Way, Berkeley, CA 94704

Fully occupied apartment property with six studios, one two-bedroom unit, and separate office space.

Property SizeContact for details
Lot Size0.10 Acres
Days on Market3

Property Features for 2214 Channing Way

General Information

Standard status Active
Total Parking Spaces 3
Lot size 0.10 Acres
Property subtype Investment
Zoning campus development zone
Occupancy 100%

Financials

Asking Price $1,100,000
Cap Rate 7.8%
Gross Income $167,520
Gross Rent Multiplier 6.6

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 6 x studio, 1 x 2BR
Multifamily Units 7

Building Details

Year Built 1905
Units 7
Construction Colonial Revival
Tenancy Multi
Listing Agency: Keller Williams Realty Walnut Creek
Listed By: Joey Wang · License #01890931
Source: Elliman
Added: Sep 11 Last Checked: Sep 12 at 7:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Walnut Creek

Investment Insights

Based on property information with market context.

Located at 2214 Channing Way in Berkeley, this 1905 Colonial Revival property includes seven residential apartments along with a separate office area. The residential mix consists of six studios and one two-bedroom unit, and all apartments are occupied. The building is master-metered, with utilities carried by the landlord.

The property sits two blocks from the UC Berkeley campus, two blocks from California Street, and one block from Shattuck Avenue. It is within a Tier 1 transit zone and a campus development zone. Site features include a three-car tandem driveway that is currently unleased and basement storage without designated allocation. There is no laundry facility on site.

Key Highlights

  • Seven occupied residential units plus a separate office space
  • Unit mix includes six studios and one two‑bedroom apartment
  • 1905 Colonial Revival building on a 4,500 SF lot

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Food Market Cosmetic Store (Bike/Boat/Book/etc) Store Fish Market Butcher Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,364
Businesses Nearby

Demographics for 94704, CA

25,259
Population
9,722
Households
2.6
Avg Household Size
26
Median Age
72%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
28,066
Density / Sq Mi
$52,105
Median Household Income
$17,509
Median Earnings
$1,987
Median Rent
$918,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied apartment property with six studios, one two-bedroom unit, and separate office space.
Where is this apartment building located?
The property is located at 2214 Channing Way Berkeley, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Seven occupied residential units plus a separate office space; Unit mix includes six studios and one two‑bedroom apartment; 1905 Colonial Revival building on a 4,500 SF lot
More about this property
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