2925 Mabel St, Berkeley, CA 94702
Local realty services provided by:CENTURY 21 Classic Estates
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 total). Located in Southwest Berkeley, the property is under one (1) mile from Ashby BART or quick access to Highway 80, allowing easy connections to Oakland, San Francisco, and the surrounding East Bay. A short distance to both UC Berkeley and Emeryville activities, the surrounding area offers an abundance of restaurants and shopping....
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Home facts
- Year built:1889
- Subdivision & Development:SOUTH BERKELEY
- Listing ID #:41142511
- Added:51 day(s) ago
- Updated:September 12, 2026 at 11:16 AM
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
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