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    2351 San Pablo Ave Berkeley, CA 94702

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    2351 San Pablo Ave Berkeley, CA 94702


    • Commercial real estate
    • 3,010 SF
    • 0.10 lot acres
    Berkeley Commercial Multi-Family For Sale
    $1,090,000

    Berkeley Commercial Multi-Family

    High-Yield Investment Opportunity in Berkeley

    2351 San Pablo Ave, Berkeley, CA 94702
    View Listing
    Property ID
    US09-9345480
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2351 San Pablo Ave

    Year built
    1939
    Construction
    WOOD
    Lot size
    0.10 lot acres
    Property size
    3,010 SF
    Property type
    Commercial real estate
    APN
    56-1926-14-3
    APU
    561926143

    Description

    This exceptional Berkeley investment property, built in 1939, presents a compelling opportunity for savvy investors. The 3,010 square foot building sits on a 4,500 square foot lot, strategically located on the corner of two busy streets, maximizing visibility and foot traffic. The property boasts a strong rental income stream, with estimated annual revenue of approximately $71,000. The financial figures provided are estimates and should be independently verified. The property's mixed-use configuration includes both commercial and residential spaces. The commercial unit (2353) generates $1800 per month in rental income, featuring a bathroom. The residential units are comprised of a three-bedroom, one-and-a-half-bathroom unit (2351) renting for $2596.88 per month, and two additional one-bedroom, one-bathroom units (both part of 2351) renting for $800 and $725 per month respectively. The property includes four parking spaces and a secure entry system featuring an iron fence gate with electric openers. This property offers a blend of commercial and residential income streams, making it an attractive investment with significant potential for future growth. The provided financial information is for illustrative purposes only and should be independently verified. The property is offered at $1,090,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $935,000
      6.5%
      $865,000
      7%
      $800,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $910,000
      Current use
      AUTO REPAIR, GARAGE
      $970,000
      Change: +6% Conversion: Difficult
      RETAIL STORES
      $800,000
      Change: -12% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Berkeley
    County
    Alameda
    State
    California
    Longitude
    -122.29
    Latitude
    37.8638
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,370
    $238,528
    $468,537
    $707,065
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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