835 Channing Way Berkeley, CA 94710
Three-building multifamily property in West Berkeley with significant rental upside.
Property Features for 835 Channing Way
General Information
- Standard status
- Active
- Size
- 11,350 SF
- Lot size
- 0.49 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1955
Listing office The Lapham Company, Inc.
Listing date May 15, 2026
Source Crexi
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 The Lapham Company, Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Large lot size of almost half an acre.
- Property consists of three separate buildings with multiple units.
- Mix of unit types: two‑bedroom and three‑bedroom apartments.
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 | $431.8k | $38.04 |
| − Vacancy | −$21.6k | −$1.90 |
| EGI | $410.2k | $36.14 |
| − OpEx | −$184.6k | −$16.26 |
| NOI | $225.6k | $19.88 |
