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$4,750,000

Est. payment - /mo

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6,438 Sqft Lot

New

2741 Dwight Way Berkeley, CA 94704

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Alameda County

MLS Listing ID 41112410

HOA Y/N No

Year Built 1964

Lot Size 6,438 Sqft

Property Description

Prime student housing investment just blocks from UC Berkeley in Southside. 2741 Dwight Way is a 12-unit property consisting of 2BD/1BA layouts (~750 sq ft each) across a 3-story, 9,078 sq ft building. All units are leased to UC Berkeley students, with turnover expected within 2 years—offering strong repositioning opportunity. Units feature original kitchens and baths, updated flooring, and large living rooms with layout flexibility for conversion to 3BD units with estimated post-renovation rents of up to $4,200/month. The property includes a rare subterranean garage with 15 spaces and potential for ADU conversion. Located on a major corridor with an AC Transit stop at the front door, and walking distance to campus, cafés, and Downtown Berkeley BART. Ideal long-term asset in a proven submarket.

Location

State CA

County Alameda

Interior

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Gas Water Heater, Dryer

Exterior

Roof Type Foam

Total Parking Spaces 15

Others

Tax ID 5518675

Listed by Joey Wang Keller Williams Realty

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