3200 California, Berkeley, CA 94703
Apartment - Berkeley, CA
- Added:
- Jun 18, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 19 at 6:06 am
Property Features for 3200 California
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 26
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 1
- Exterior features
- Community Features Included: Sidewalks, Corner Lot
- Standard status
- Active
- APN
- 052153600101
- Size
- 10,226 SF
- Lot size
- 13,500.00 Acres
Building Details
- Year built
- 1880
- Floors in Building
- 2
- Number of units
- 22
- Architectural style
- Other
Listing agent Tiffeny Cook License #01406706 (714) 746-6582
Listing office Tranzon Asset Strategies 9891 Irvine Center Drive, #170, Irvine, CA (949) 727-9011
Listing date Jun 18, 2026
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully‑leased 22‑unit rental property with $30,000+ in monthly income (auction July 8; list price is opening bid).
- 3 buildings on a 13,500 SF corner lot.
- Main building features 14 1‑bedroom units in rooming house style with shared kitchens/bathrooms.
- 2602 and 2608 California St. include two fourplexes: (5) 1BR/1BA, (2) 2BR/1BA, and (1) 3BR/1BA unit.
- Exterior features include sidewalks and a corner lot.
- Year built: 1880.
Overview
The property is located in South Berkeley, Berkeley, CA 94703, with convenient access to Ashby BART and the Adeline Street retail corridor. It is also positioned near Berkeley Bowl Marketplace, Downtown Berkeley, UC Berkeley, and major East Bay employment centers, supporting day-to-day convenience for a range of tenants.
For buyers or operators looking for an income-producing rental with an existing tenant base, this asset offers a mix of unit types across three structures. The rooming house-style configuration in the primary building and the additional fourplex mix of 1-bedroom, 2-bedroom, and a 3-bedroom unit provide multiple tenancy profiles within one consolidated offering. The property is listed for auction on July 8, with the list price stated as the opening bid.
Local Financial Insights For Apartment 5plus
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 | $389.0k | $38.04 |
| − Vacancy | −$19.4k | −$1.90 |
| EGI | $369.5k | $36.14 |
| − OpEx | −$166.3k | −$16.26 |
| NOI | $203.3k | $19.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Berkeley
- County
- Alameda
- State
- California
- Longitude
- -122.2764135
- Latitude
- 37.8496748
