Active
2110 Ashby Ave
Berkeley CA, 94705
$2,398,000
$363.33 per sqft
Active
6,600 sqft
Other
Built in 1904
Cap Rates @ 5.49 & GRM @ 9.79%. Welcome to 2110 Ashby Ave, a premier mix-used commercial building located in the heart of Berkeley's Elmwood neighborhood, offering an exceptional investment opportunity with upside, stable income from long-term tenants. In high demand, Ashby Ave is fully occupied, most of the units are well maintained, laundry unit on site, bonus garden areas ensures a high level of tenant satisfaction, seismic upgrades completed, dual pane windows. Additionally, the property includes a bonus detached storage unit, which provides versatile usage options and holds potential for conversion into an ADU. further increasing the property's income-generating capabilities. Conveniently located, near Ashby Bart station, easy access to freeway, close to Berkeley Bowl, Whole Foods, and all the local shops and dining, short ride to UC Berkeley, this prime. location ensures a steady flow of potential tenants and business clients. Investors will appreciate the consistent and reliable rental income, coupled with the opportunity for rent increases and property appreciation over time. Whether you are looking to expand your portfolio or secure a stable income-producing asset, invest in 2110 Ashby Ave, a property that promises stability, potential growth, and an unbeatable location.
41070266
MLSⓇ ID
August 19, 2024
Listed
October 10, 2024
Updated
Map
2110 Ashby Ave
Berkeley CA, 94705
Interior Features
Floor Description
Hardwood, Laminate, Tile
Fireplace
No
Cooling
Yes
Cooling Description
No Air Conditioning
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.12 Acres
Exterior Features
Back Yard, Greenbelt
Lot Features
Regular
Other Property Details
Area Name
Berkeley
Garage
No
Parking
Street Parking
Parking Total
0
View
No
County
Alameda
Pool
No
Listed by Derek Han with BHG Reliance Partners
Listing Contact: 510-847-5598
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