Residential Income Property with
For Sale
$1,295,000
Pending
2319 Woolsey St, Berkeley, CA 94705
A fenced property offers off-street parking and forced-air heating.
Property Size2,264 SF
Days on Market24
Property Features for 2319 Woolsey St
General Information
Standard status
Pending
Size
2,264 SF
Property subtype
Residential Income
Amenities
Forced Air
Storage
Fenced
Off Street
Building Details
Building Size
2,264 SF
Year Built
1908
Listing Agency:
TCGOB, Inc
Listed By:
Carrie McAlister
(510) 292-7838
Source:
Evrealestate
Added: Sep 24
Changed: Oct 17
Last Checked: Oct 16 at 6:07AM
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 TCGOB, Inc
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Investment Insights
Based on property information with market context.
This residential income property contains 2,264 square feet and was built in 1908. Interior features include forced-air heating and storage, while the exterior is fenced and provides off-street parking.
The property is located at 2319 Woolsey St in Berkeley, Alameda County. Directions identify Telegraph and Woolsey as the route to the property.
The property is located at 2319 Woolsey St in Berkeley, Alameda County. Directions identify Telegraph and Woolsey as the route to the property.
Key Highlights
- 2,264 square feet of residential income property
- Built in 1908
- Forced‑air heating and interior storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,999
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,980
$900.0K
Cap Rate 7%
$642,843
$642.8K
Cap Rate 9%
$499,989
$500.0K
Market Conditions
NOI Build-Up for 2,264 SF
Gross rent
$86.1K $38.04/SF
− Vacancy
−$4.3K −$1.90/SF
EGI
$81.8K $36.14/SF
− OpEx
−$36.8K −$16.26/SF
NOI
$45.0K $19.88/SF
Area
Berkeley, CA
Vacancy
5.00%
Lease Rate
$38.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,980
Cap Rate 7%
$642,843
Cap Rate 9%
$499,989
Alternative Uses
Best Use
Apartment 5plus
$642.8K
$562.5K – $750.0K
NOI $44,999 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$875.6K
$766.1K – $1.02M
NOI $61,291 @ 7.0% cap · market cap 4.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
4,160
Businesses Nearby
Explore this area
Business Placement
Demographics for 94705, CA
13,591
Population
6,335
Households
2.1
Avg Household Size
42
Median Age
79%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
3,997
Density / Sq Mi
$163,254
Median Household Income
$75,864
Median Earnings
$2,330
Median Rent
$1,892,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - A fenced property offers off-street parking and forced-air heating.
Where is this residential income property located?
The property is located at 2319 Woolsey St Berkeley, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 2,264 square feet of residential income property; Built in 1908; Forced‑air heating and interior storage
