Active
2110 Ashby Ave
Berkeley CA, 94705
$2,398,000
$363.33 per sqft
Active
6,600 sqft
Commercial
Built in 1904
Cap Rates @ 5.49 & GRM @ 9.79%. Welcome to 2110 Ashby Ave, a premier mix-used commercial building located in the heart of Berkeley's Elmwood neighborhood, offering an exceptional investment opportunity with upside, stable income from long-term tenants. In high demand, Ashby Ave is fully occupied, most of the units are well maintained, laundry unit on site, bonus garden areas ensures a high level of tenant satisfaction, seismic upgrades completed, dual pane windows. Additionally, the property includes a bonus detached storage unit, which provides versatile usage options and holds potential for conversion into an ADU. further increasing the property's income-generating capabilities. Conveniently located, near Ashby Bart station, easy access to freeway, close to Berkeley Bowl, Whole Foods, and all the local shops and dining, short ride to UC Berkeley, this prime. location ensures a steady flow of potential tenants and business clients. Investors will appreciate the consistent and reliable rental income, coupled with the opportunity for rent increases and property appreciation over time. Whether you are looking to expand your portfolio or secure a stable income-producing asset, invest in 2110 Ashby Ave, a property that promises stability, potential growth, and an unbeatable location.
41061952
MLSⓇ ID
June 3, 2024
Listed
August 26, 2024
Updated
Map
2110 Ashby Ave
Berkeley CA, 94705
Interior Features
Floor Description
Linoleum, Tile
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.12 Acres
Exterior Features
Greenbelt
Lot Features
Regular
Roof
Bitumen
Sewer
Public Sewer
Other Property Details
Area Name
Berkeley
Garage
No
Parking
No Parking on Site
View
No
County
Alameda
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/19/2024 | Price change | $2,398,000 -7% |
Listed by Derek Han with BHG Reliance Partners
Listing Contact: 510-847-5598
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