2537 Ellsworth St
Berkeley, CA 94704
- – beds
- – baths
- – sqft
- 5,716 sqft lot
- 1965 build
- – on site
2537 Ellsworth Street in Berkeley, a turnkey investment with massive renovations in the past year. Situated just blocks from the UC Berkeley campus, 2537 Ellsworth Street offers a rare opportunity to own a fully remodeled nine (9) unit multifamily property in one of the city's most desirable locations. Priced at $5,675,000, this turnkey investment features seven (7) spacious 3-bedroom/2-bathroom units and two (2) 3-bedroom/1.5-bathroom units, all recently updated with modern finishes and high-quality improvements. This property has undergone extensive renovations totaling over $825,000+, including new windows, a secured parking gate, a new roof, and electrical upgrades. With 10 garage spaces and thoughtful capital improvements throughout, it offers both convenience and peace of mind for tenants and investors alike. Located within walking distance of gourmet restaurants, artisan coffee shops, and multiple BART stations, Ellsworth Street combines modern living with urban connectivity. Currently fully occupied by undergraduate students, this property generates strong cash flow with a current in-place cap rate of 5.50%, and a projected market cap rate of 6.58%+
Last checked:
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Last updated Feb 4, 2025
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MLS# 41084589 —
The Building
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Year Built:1965
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Construction Materials:Stucco
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Total Number Of Units:9
Location
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Directions:Corner of Blake & ellsworth Cross Street: Blake st.
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Latitude:37.86319200
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Longitude:-122.26239700
The Property
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Property Type:Residential Income
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Lot Size Area:5716.0000
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Lot Size Acres:0.1312
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Lot Size SqFt:5716.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:06001423
The Listing
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Parcel Number:55183217
Heating & Cooling
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Heating:1
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Heating:Electric
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Cooling:Yes
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Cooling:None
Parking
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Parking Spaces:11.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/3/25
Feb 3, 2025
|
Listed / Active | CRMLS_CA | $5,675,000 |
