Vacant Four-Unit
New
For Sale
$1,995,000
2713 Ridge Rd, Berkeley, CA 94709
MULTI_FAMILY - Berkeley, CA
Property Size3,336 SF
Lot Size0.13 Acres
Price / SF$598.02
Days on Market2
Property Features for 2713 Ridge Rd
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-3H
Bedrooms
10
Rooms
Bedroom 4, Bedroom 1, Bedroom 10, Basement, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 9, Bedroom 8, Bedroom 7, Bedroom 3
Exterior features
Back Yard
Subdivision
NORTHSIDE
Lot features
Paved
Standard status
Active
APN
5822046
Size
3,336 SF
Lot size
0.13 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Heat Pump
Water source
Public
Amenities
partial bay views
basement storage rooms
Building Details
Year built
1943
Flooring type
Vinyl, Tile
Building materials
Frame, Wood Shingles
Listing Agency:
Keller Williams Realty
(925) 934-2900
Listed By:
Joey Wang · License #01890931
(510) 592-5554
Added: Aug 4
Changed: Aug 5
Last Checked: Aug 5 at 12:06PM
MLS# 41143871
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,336-square-foot quadplex contains four vacant units: two two-bedroom, one-bath residences and two three-bedroom, one-bath residences. Constructed in 1943 on a 5,500-square-foot lot, the property has received substantial reinvestment, including a new roof, reconstructed front stairwell, siding repairs, exterior paint, replacement windows, plumbing improvements, new electrical panels, and a replaced sewer lateral. Gas and electricity are separately metered.
The property is located one block from UC Berkeley in the Northside area, with the Euclid Avenue corridor nearby. Improvements include a garage, three permitted street parking spaces, basement storage rooms, and partial bay views. Public water and public sewer serve the property, which is zoned R-3H.
The property is located one block from UC Berkeley in the Northside area, with the Euclid Avenue corridor nearby. Improvements include a garage, three permitted street parking spaces, basement storage rooms, and partial bay views. Public water and public sewer serve the property, which is zoned R-3H.
Key Highlights
- Four vacant units with two 2BR/1BA and two 3BR/1BA residences
- 3,336 SF quadplex on a 5,500 SF lot
- One block from UC Berkeley in Berkeley's Northside area
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $114.1k | $34.20 |
| − Vacancy | −$5.9k | −$1.78 |
| EGI | $108.2k | $32.42 |
| − OpEx | −$32.4k | −$9.73 |
| NOI | $75.7k | $22.70 |
3,336 SF · lease $34.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$946.4K – $1.26M
NOI $75,711 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$947.2K
$828.8K – $1.11M
NOI $66,306 @ 7.0% cap · market cap 3.32%
Theoretical Best
Specialty Retail
$1.29M
$1.13M – $1.51M
NOI $90,312 @ 7.0% cap · market cap 4.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,800
Businesses Nearby
Explore this area
Business Placement
Demographics for 94709, CA
12,514
Population
6,139
Households
2
Avg Household Size
29
Median Age
80%
College-Educated
96%
High-School Grad
0.7 sq mi
ZIP Area
17,877
Density / Sq Mi
$95,223
Median Household Income
$42,958
Median Earnings
$1,988
Median Rent
$1,240,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four vacant units near UC Berkeley offer a varied bedroom mix, updated building systems, garage parking, and basement storage.
Where is this quadplex located?
The property is located at 2713 Ridge Rd Berkeley, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Four vacant units with two 2BR/1BA and two 3BR/1BA residences; 3,336 SF quadplex on a 5,500 SF lot; One block from UC Berkeley in Berkeley's Northside area
