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2925 Mabel St, Berkeley, CA 94702

Berkeley
Local realty services provided by:CENTURY 21 Masters
2925 Mabel St,Berkeley, CA 94702
$1,600,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: davide pio, brian baniqued
Office: bcre510-222-0900
MLS#:41142511
Source:CRMLS

Price summary

  • Price:$1,600,000

About this home

Cap Rate - 4.11% (Current) | GRM – 10.39 (Current) Cap Rate – 6.08% (Proforma) | GRM – 9.20 (Proforma) We proudly present 2925 Mabel St in Berkeley, CA for sale. The multifamily asset features seven (7) total units across two separate buildings: a classic Victorian-style residence and a separate fourplex in the rear. The Victorian residence was converted into three (3) units, including a 3 bed / 2 bath and two (2) studios, while the fourplex is comprised of four (4) 1 bed / 1 bath units. A new driveway, new electric subpanels in the Victorian, completed sewer lateral, and SB 721 balcony clearance are some of the recent capital improvements. The property allows for multiple value-add strategies. The Victorian residence - which can be delivered vacant - can be converted back into a single-family home, or there is a potential for a lot split allowing the sale of the two buildings independently. Separate meters for electric and gas, and each building has separate water meters (2 in...

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Home facts

  • Year built:1889
  • Subdivision & Development:SOUTH BERKELEY
  • Listing ID #:41142511
  • Added:97 day(s) ago
  • Updated:October 28, 2026 at 12:01 PM

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Shingle, Tar Gravel
  • Year built:1889
  • Lot area:0.29 Acres
  • Lot Features:Street Level
  • Construction Materials:Stucco, Wood Siding

Finances and disclosures

  • Price:$1,600,000
  • Tax amount:$32,525

Parking

  • Total parking spaces:13
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Masters is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Masters, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Randy Keith Thompson

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