Berkeley, CA 94704,2537 Ellsworth St
Berkeley, CA 94704,2537 Ellsworth St
Berkeley, CA 94704,2537 Ellsworth St
32
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Listed by Willem Bos • COMPASS
$5,195,000
Est. payment /mo
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8,244 SqFt
Active

2537 Ellsworth St Berkeley, CA 94704

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Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,244 sqft

Price per Sqft $630

Subdivision Alameda County

MLS Listing ID 41113741

HOA Y/N No

Year Built 1965

Lot Size 5,716 Sqft

Property Sub-Type 5 or More Units

Source Bridge AOR

Property Description

2537 Ellsworth Street represents a fully renovated nine-unit apartment building located just blocks from UC Berkeley. Offered at $5.195m, this asset has benefited from more than $825,000+ in recent (2024) permitted capital improvements, including seven (7) down-to-the-studs unit remodels, new windows, new roof, a secured parking gate, upgraded electrical panels, and fresh interior and exterior paint and finishes. The property features seven (7) spacious 3-BR/2-BA units and two (2) 3-BR/1.5-BA units, all recently updated with modern finishes and high-quality improvements. This building has a gross building area of 8,244 square feet and offers ten (10) garage parking spaces which bring an additional $1,025/month in gross income. It is off the soft-story list, and has passed sewer lateral and SB-721 inspections. This investment provides both stability and upside, with a current cap rate of 6.21% and a current GRM of 10.63. Tenants enjoy walkability to UC Berkeley, Telegraph Avenue, restaurants, cafés, and shopping, as well as easy access to BART and AC Transit. With its prime location, strong occupancy history, and extensive renovations, 2537 Ellsworth Street represents an outstanding opportunity for investors seeking a pride-of-ownership investment.

Location

State CA

County Alameda

Interior

Heating Natural Gas

Cooling Other

Flooring Other

Fireplace No

Building

Lot Description Level

Water Water District

Others

Special Listing Condition Standard


Bay East Association of Realtors

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Crocker Highlands Elementary School

    Public | KG - 5

  • 10

    Beach Elementary School

    Public | KG - 5

  • 10

    Chabot Elementary School

    Public | KG - 5

  • 10

    Cornell Elementary School

    Public | KG - 5

  • 9

    American Indian Public Charter School II

    Public | KG - 8

  • 9

    Yu Ming Charter

    Public | KG - 8

  • 9

    Wildwood Elementary School

    Public | KG - 5

  • 9

    Frank C. Havens Elementary School

    Public | KG - 5

  • 9

    Montclair Elementary School

    Public | KG - 5

  • 9

    Thornhill Elementary School

    Public | KG - 5

  • 9

    Hillcrest K-8 School

    Public | KG - 8

  • 9

    Wagner Ranch Elementary

    Public | KG - 5

  • 9

    Sleepy Hollow Elementary School

    Public | KG - 5

  • 9

    Kensington Elementary School

    Public | KG - 6

  • 8

    Lincoln Elementary School

    Public | KG - 5

  • 8

    Peralta Elementary School

    Public | KG - 5

  • 8

    Berkeley Arts Magnet at Whittier (BAM)

    Public | KG - 5

  • 8

    Jefferson Elementary

    Public | KG - 5

  • 8

    Ocean View Elementary School

    Public | KG - 5

  • 8

    Marin Elementary School

    Public | KG - 5

Middle Schools 20
  • 10

    Piedmont Middle School

    Public | 6 - 8

  • 9

    Albany Middle School

    Public | 6 - 8

  • 8

    Martin Luther King Jr. Middle School

    Public | 6 - 8

  • 7

    The Academy of Alameda

    Public | 6 - 8

  • 7

    Edna Brewer Middle School

    Public | 6 - 8

  • 7

    Oakland School for the Arts

    Public | 6 - 12

  • 7

    Willard Middle School

    Public | 6 - 8

  • 6

    Encinal Jr. & Sr. High School School

    Public | 6 - 12

  • 6

    Claremont Middle School

    Public | 6 - 8

  • 6

    Longfellow Arts and Technology Middle School

    Public | 6 - 8

  • 5

    Oakland Charter Academy

    Public | 6 - 8

  • 5

    Life Academy

    Public | 6 - 12

  • 5

    Oakland Military Institute, College Preparatory Academy

    Public | 6 - 12

  • 5

    Fred T. Korematsu Middle School

    Public | 7 - 8

  • 5

    Richmond Charter Academy

    Public | 6 - 8

  • 3

    Roosevelt Middle School

    Public | 6 - 8

  • 3

    Montera Middle School

    Public | 6 - 8

  • 1

    Urban Promise Academy

    Public | 6 - 8

  • 1

    United for Success Academy

    Public | 6 - 8

  • 1

    Bret Harte Middle School

    Public | 6 - 9

High Schools 20
  • 10

    Piedmont High School

    Public | 9 - 12

  • 10

    Albany High School

    Public | 9 - 12

  • 9

    Alameda Science and Technology Institute

    Public | 9 - 12

  • 9

    American Indian Public High School

    Public | 9 - 12

  • 9

    Oakland Charter High School

    Public | 9 - 12

  • 8

    Berkeley High School

    Public | 9 - 12

  • 7

    Oakland Technical High School

    Public | 9 - 12

  • 7

    Aspire California College Preparatory Academy

    Public | 9 - 12

  • 6

    Oakland Unity High School

    Public | 9 - 12

  • 6

    Envision Academy for Arts & Technology

    Public | 9 - 12

  • 5

    Arise High School

    Public | 9 - 12

  • 5

    Emery High School

    Public | 9 - 12

  • 5

    El Cerrito High School

    Public | 9 - 12

  • 4

    Realm Charter High School

    Public | 9 - 12

  • 3

    Metwest High School

    Public | 9 - 12

  • 2

    McClymonds High School

    Public | 9 - 12

  • 2

    Oakland International High School

    Public | 9 - 12

  • 1

    Fremont High School

    Public | 9 - 12

  • 1

    Gateway to College at Laney College

    Public | 9 - 12

  • 1

    Oakland High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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2537 Ellsworth St