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1039 Channing Way, Berkeley, CA 94710

Berkeley
Local realty services provided by:CENTURY 21 Epic
1039 Channing Way,Berkeley, CA 94710
$1,550,000
  • - Beds
  • - Baths
  • 2,730 sq. ft.
  • Multi-family
  • Active
Listed by: jatin mehta
Office: kite hill real estate
MLS#:41123157
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$567.77

About this home

To access the marketing package copy/paste: https://bit.ly/kitehillre. This exceptional Southwest Berkeley property offers a highly desirable unit mix consisting of one 2BD/1BA, one 1BD/1BA with office, one 1BD/1BA, and a private detached 1BD/1BA cottage. The layout provides flexibility for both investors and owner-users, with two units delivered vacant, allowing for immediate occupancy or repositioning. The property generates strong in-place income of $12,095 per month est (including RUBS), translating to an attractive 6.43% cap rate and 10.68 GRM. With quality renovations already completed and stable cash flow in place, the asset offers both current income and long-term appreciation potential in one of Berkeley’s most sought-after neighborhoods. All units have been fully remodeled and the property has undergone a completed seismic retrofit, along with upgrades to central heating, plumbing, and electrical systems. A new boiler further enhances operational efficiency and minimizes...

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Home facts

  • Year built:1927
  • Listing ID #:41123157
  • Added:58 day(s) ago
  • Updated:April 05, 2026 at 01:32 PM

Rooms and interior

  • Flooring:Wood
  • Living area:2,730 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1927
  • Building area:2,730 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Paved
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$567.77

Parking

  • Parking description:Tandem
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at April 5, 2026

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