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Property summary
This exceptional investment opportunity presents a 12-unit apartment building at 2110 Ashby Avenue in Berkeley, CA. The property boasts 6,600 square feet of net rentable space across three stories, situated on a 5,200 square foot lot. Built in 1904 and extensively renovated in 2018, the building features a mix of commercial and residential uses, permitted under Commercial/Office/Residential/Mixed Use zoning. Currently generating a Net Operating Income (NOI) of $159,365, representing a 5.49%… capitalization rate with a pro-forma cap rate of 6.64%. The asking price is $2,398,000, translating to $363 per square foot and $213 per unit. The property includes a detached storage unit with potential for conversion. Significant upgrades include seismic improvements and dual-pane windows. Located in Berkeley's Elmwood neighborhood, this fully occupied building benefits from its proximity to Ashby BART station, freeways, and numerous amenities, including Berkeley Bowl and Whole Foods. The property's strong tenant base, combined with the potential for rent increases and property appreciation, makes it an attractive investment for those seeking a stable, income-producing asset in a prime location. The Alameda County Assessor's Parcel Number (APN) is 053-1587-020-01. The land value is $461 per square foot. Leases are gross.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 16 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 8 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,600 SF
- Lot area
- 0.12 ac
- Year built
- 1904
- Stories
- 3
- APN
- 53-1587-20-1
- Assessed value · 2024
- $1,304,305
- Annual tax · 2023
- $29,182
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $29,182
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Berkeley market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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