Vacant Triplex with Brick
New
For Sale
$1,695,000
2730 Webster Street, Berkeley, CA 94705
Multiple structures offer flexible living and workspace arrangements around a private brick courtyard.
Property Size2,542 SF
Lot Size0.15 Acres
Price / SF$666.80
Days on Market7
Property Features for 2730 Webster Street
General Information
Standard status
Active
Size
2,542 SF
Lot size
0.15 Acres
Property subtype
Triplex
Taxes and HOA fees
Annual Taxes
$14,675
Building Details
Building Size
2,542 SF
Year Built
1906
Buildings
3
Listing Agency:
Golden Gate Sotheby's International Realty
(510) 289-1022
Listed By:
Jenny Wang · License #01241501
(510) 289-1022
Source:
Gregglynn
Added: Aug 26
Changed: Aug 29
Last Checked: Aug 30 at 11:17PM
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 Golden Gate Sotheby's International Realty
Investment Insights
Based on property information with market context.
This vacant Berkeley triplex comprises a duplex, a spacious cottage, and an ADU/office-studio arranged across a 6,750-square-foot lot. The buildings retain hardwood floors, built-in storage, extensive windows, and other period details. The cottage includes a broad deck and a wall of windows facing the grounds, while a basement/workshop and additional storage provide functional support space.
A brick courtyard links the structures while maintaining separation between them. The property is located near Elmwood shops, Rockridge, and the Claremont Hotel, with the address at 2730 Webster Street in Berkeley. The combination of multiple buildings, outdoor areas, and preserved architectural features creates a distinctive residential income property configuration.
A brick courtyard links the structures while maintaining separation between them. The property is located near Elmwood shops, Rockridge, and the Claremont Hotel, with the address at 2730 Webster Street in Berkeley. The combination of multiple buildings, outdoor areas, and preserved architectural features creates a distinctive residential income property configuration.
Key Highlights
- Triplex configuration with a duplex, cottage, and ADU/office‑studio
- 6,750‑square‑foot lot with multiple structures
- Brick courtyard connects the buildings while preserving separation
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,691
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,153,820
$1.2M
Cap Rate 7%
$824,157
$824.2K
Cap Rate 9%
$641,011
$641.0K
Market Conditions
NOI Build-Up for 2,542 SF
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.
Gross rent
$86.9K $34.20/SF
− Vacancy
−$4.5K −$1.78/SF
EGI
$82.4K $32.42/SF
− OpEx
−$24.7K −$9.73/SF
NOI
$57.7K $22.70/SF
Area
Berkeley, CA
Vacancy
5.20%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,153,820
Cap Rate 7%
$824,157
Cap Rate 9%
$641,011
Alternative Uses
Best Use
Multifamily LT 5
$824.2K
$721.1K – $961.5K
NOI $57,691 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$721.8K
$631.6K – $842.1K
NOI $50,525 @ 7.0% cap · market cap 2.98%
Theoretical Best
Specialty Retail
$983.1K
$860.2K – $1.15M
NOI $68,817 @ 7.0% cap · market cap 4.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,402
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Multiple structures offer flexible living and workspace arrangements around a private brick courtyard.
Where is this triplex located?
The property is located at 2730 Webster Street Berkeley, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Triplex configuration with a duplex, cottage, and ADU/office‑studio; 6,750‑square‑foot lot with multiple structures; Brick courtyard connects the buildings while preserving separation
