2537 Ellsworth St, Berkeley, CA 94704

Local realty services provided by:CENTURY 21 Synergia Realty
2537 Ellsworth St,Berkeley, CA 94704
$5,195,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: willem bos, nate gustavson
Office: compass
MLS#:41113741
Source:CRMLS

Price summary

  • Price:$5,195,000

About this home

2537 Ellsworth Street represents a fully renovated nine-unit apartment building located just blocks from UC Berkeley. Offered at $5.195m, this asset has benefited from more than $825,000+ in recent (2024) permitted capital improvements, including seven (7) down-to-the-studs unit remodels, new windows, new roof, a secured parking gate, upgraded electrical panels, and fresh interior and exterior paint and finishes. The property features seven (7) spacious 3-BR/2-BA units and two (2) 3-BR/1.5-BA units, all recently updated with modern finishes and high-quality improvements. This building has a gross building area of 8,244 square feet and offers ten (10) garage parking spaces which bring an additional $1,025/month in gross income. It is off the soft-story list, and has passed sewer lateral and SB-721 inspections. This investment provides both stability and upside, with a current cap rate of 6.21% and a current GRM of 10.63. Tenants enjoy walkability to UC Berkeley, Telegraph Avenue,

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Home facts

  • Year built:1965
  • Listing ID #:41113741
  • Added:69 day(s) ago
  • Updated:December 06, 2025 at 11:37 AM

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1965
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$5,195,000
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