2214 Channing Way, Berkeley, CA 94704
Local realty services provided by:CENTURY 21 Discovery
2214 Channing Way,Berkeley, CA 94704
$995,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: joey wang
Office: keller williams realty925-934-2900
MLS#:41147827
Source:CRMLS
Price summary
- Price:$995,000
About this home
Two blocks to Cal. One block to Shattuck. Seven residential units plus a separate office space, fully occupied, in a 1905 Colonial Revival on a 4,500 SF lot. Six studios and one two-bedroom — private units in a submarket where shared houses dominate. $167,520 annualized gross income against a $1,100,000 asking price: a 7.8% cap at a 6.6 GRM going in, 9.7% and 5.6 at market as units turn. Two Berkeley Housing Authority tenancies pay roughly $3,387 monthly direct. Landlord carries all utilities across a master-metered building. A three-car tandem driveway sits unleased, the basement holds unallocated storage, and there is no laundry on site — three revenue lines absent from the rent roll. The parcel sits inside a Tier 1 transit zone and a campus development zone. $157,000 per unit, two blocks from the UC Berkeley campus.
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Home facts
- Year built:1905
- Subdivision & Development:BERKELEY CENTRAL
- Listing ID #:41147827
- Added:1 day(s) ago
- Updated:September 12, 2026 at 11:16 AM
Heating and cooling
- Heating:Floor Furnace
Structure and exterior
- Roof:Shingle
- Year built:1905
- Lot area:0.1 Acres
- Construction Materials:Wood Siding
Finances and disclosures
- Price:$995,000
Features and amenities
- Amenities:Gas Water Heater
Parking
- Total parking spaces:1
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