1019 Channing Way, Berkeley, CA 94710
1019 Channing Way, Berkeley, CA 94710
1019 Channing Way, Berkeley, CA 94710
4
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Listed by Perry Gastis • Bridges 8 Real Property Sales & Management Inc • Perry@Bridges8.com
$1,395,000
Est. payment /mo
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3,160 SqFt
New

1019 Channing Way Berkeley, CA 94710

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Max Manatt

Max Manatt

+1(925) 980-3375

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,160 sqft

Price per Sqft $441

Subdivision Central Berkeley

MLS Listing ID 41153313

HOA Y/N No

Year Built 1905

Lot Size 5,500 Sqft

Property Sub-Type Duplex

Source Bridge AOR

Property Description

Income today, a home of your own tomorrow. 1019 Channing Way delivers $132,982 in gross scheduled income and $92,209 NOI, a 6.61% cap rate at list price, from a lower unit plus an upper level of five individually leased rooms and shared laundry. Berkeley's 2027 AGA lifts the projected cap rate to 6.85%. The headline, though, is the detached 2+ car garage: reserved for owner use only, not part of any tenancy, and delivered vacant. Under Berkeley Municipal Code Chapter 23.306 a garage may be converted to an ADU within its existing footprint, including nonconformities. Investors get a performing asset with a built in second phase. Owner users get a rare path to creating a private residence at the rear of the lot while the rents carry the property. West Berkeley location steps from San Pablo Avenue, minutes to Fourth Street, Berkeley Bowl West and the freeway. Income and expense summary available. ADU potential to be verified by buyer with City of Berkeley Planning. Shown by appointment; please do not disturb occupants.

Location

State CA

County Alameda

Interior

Heating Floor Furnace

Cooling No Air Conditioning

Flooring Wood

Fireplace No

Laundry Laundry Room

Building

Lot Description Corner Lot

Water Public

Others

Special Listing Condition Standard

Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Max Manatt

Max Manatt

Agent License ID: 01957416

+1(925) 980-3375

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