939 Channing Way — Sale in Berkeley, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Berkeley, CA 94710

Photos

939 Channing Way — Sale in Berkeley, CA, photo 1 of 2
939 Channing Way — Sale in Berkeley, CA, photo 2 of 2

Investment Figures

Cap rate
6.07%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

939 Channing Way in Berkeley, CA, presents a rare opportunity for investors seeking a well-maintained asset in a great location. The property comprises one upgraded 2-Bed/1-Bath and (5) one-bedroom units, thoughtfully renovated to provide modern amenities with high-quality finishes. These upgrades, along with superior parking amenities, ensure that the property remains competitive in the rental market. Berkeley is widely recognized as one of the most desirable locations in the San Francisco Bay Area. Known for its vibrant culture, world-class educational institutions, and thriving culinary and arts scenes, Berkeley attracts a diverse population of students, professionals, and families. The city’s proximity to major tech hubs, excellent public transportation, and scenic outdoor spaces only add to its allure. This demand for housing in Berkeley continues to drive rental prices upward, making it a prime location for real estate investment. Investment Highlights: • Ideal unit mix of (5) 1-Bed/1-Bath units • Two units have been renovated with vinyl plank flooring, new cabinets, quartz countertops, stainless steel appliances, and in-unit washer/dryer • Brand new roof, windows, & paint • Three blocks from the 4th Street shopping district, offering nearby popular retailers, restaurants, and everyday conveniences • 93 Walk Score and 95 Bike Score, allowing daily errands, dining, and neighborhood amenities to be easily accomplished on foot or by bike

Market Context

This multifamily in Berkeley, CA is listed for sale. It is offered at an approximate 6.1% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Berkeley, CA — view the full market.

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