CA > Berkeley
Berkeley, CA 94704,2537 Ellsworth St
Berkeley, CA 94704,2537 Ellsworth St
Berkeley, CA 94704,2537 Ellsworth St
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$5,525,000
Est. payment /mo
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5,715 Sqft Lot
Price Dropped by $150K

2537 Ellsworth St Berkeley, CA 94704

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Jenny Wu

Jenny Wu

+1(909) 569-8888

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41084589

HOA Y/N No

Year Built 1965

Lot Size 5,715 Sqft

Property Description

2537 Ellsworth Street in Berkeley, a turnkey investment with massive renovations in the past year. Situated just blocks from the UC Berkeley campus, 2537 Ellsworth Street offers a rare opportunity to own a fully remodeled nine (9) unit multifamily property in one of the city's most desirable locations. Priced at $5,675,000, this turnkey investment features seven (7) spacious 3-bedroom/2-bathroom units and two (2) 3-bedroom/1.5-bathroom units, all recently updated with modern finishes and high-quality improvements. This property has undergone extensive renovations totaling over $825,000+, including new windows, a secured parking gate, a new roof, and electrical upgrades. With 10 garage spaces and thoughtful capital improvements throughout, it offers both convenience and peace of mind for tenants and investors alike. Located within walking distance of gourmet restaurants, artisan coffee shops, and multiple BART stations, Ellsworth Street combines modern living with urban connectivity. Currently fully occupied by undergraduate students, this property generates strong cash flow with a current in-place cap rate of 5.50%, and a projected market cap rate of 6.58%+

Location

State CA

County Alameda

Interior

Heating Electric

Cooling None

Fireplace No

Exterior

Total Parking Spaces 11

Others

Tax ID 55183217

Virtual Tour https://bosgroupcre.com/2537-ellsworth-st/

California Regional MLS (CRMLS)
Listed by Willem Bos • COMPASS

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agent

Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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2537 Ellsworth St

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