2110 Ashby Ave, Berkeley, CA 94705
  • MLS#: 41061952 ( )
  • Street Address: 2110 Ashby Ave
  • Viewed: 2
  • Price: $2,398,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1904
  • Bldg sqft: 0
  • Days On Market: 165
  • Additional Information
  • County: ALAMEDA
  • City: Berkeley
  • Zipcode: 94705
  • Subdivision: Edge Of Elmwood
  • Provided by: BHG Reliance Partners
  • Contact: Derek Derek
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
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Features
Association Fee
  1. 0.00
Construction Materials
  1. Stucco
Cooling
  1. None
Days On Market
  1. 125
Heating
  1. Wall Furnace
Netoperatingincome
  1. 131795.00
Parcel Number
  1. 531587201
Professionalmanagementexpense
  1. 13629.00
Sourcesystemkey
  1. 41061952:BMLS
Subdivision Name Other
  1. EDGE OF ELMWOOD
Year Built
  1. 1904