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2811 2815 Telegraph Avenue

Berkeley, CA 94705

6 beds
5 baths
5,253 sqft
5,324 sqft lot
$359 per sqft
1908 build
– on site

7.42% current Cap Rate. Unlock the potential of this exceptional mixed-use property located just steps from the University of Berkeley campus! The spacious ground floor features a vacant restaurant space that was formerly home to the renowned Tai Shan Chinese restaurant, complete with a fully equipped kitchenperfect for an owner-operator looking to start their own culinary venture. This setup allows the owner to operate their business while receiving rental income from the upper residential units, effectively offsetting expenses. The upper level consists of three residential units, with two units currently tenant-occupied and one additional unit available for immediate leasing or owner occupancy. Additionally, there is a bonus unit located in the back of the property, further enhancing your investment potential. Situated on high-traffic Telegraph Avenue, this property offers excellent visibility and foot traffic, making it ideal for a variety of business endeavors. Whether you're an investor seeking a property with multiple income streams or an entrepreneur ready to launch your dream restaurant, this property is a must-see. Don't miss out on this incredible opportunity in a vibrant and sought-after Berkeley neighborhood!

Listing courtesy of SFMLS / Compass

Last checked: Checking… • Last updated Dec 8, 2024 •

MLS# 424081532 —

The Building

Year Built:

1908
Construction Materials:

Stucco
Levels:

Three Or More
Basement:

None
Foundation Details:

Concrete Perimeter
Security Features:

Carbon Monoxide Detector(s)
Patio And Porch Features:

Covered
Building Area Total:

5253
Building Area Units:

Square Feet
Building Area Source:

Graphic Artist

Interior

Flooring:

Laminate

Room Dimensions

Living Area:

5253
Living Area Units:

Square Feet
Living Area Source:

Graphic Artist

Location

Directions:

Ashby Ave > Telegraph Ave
Cross Street:

Stuart Street
Latitude:

37.8590638
Longitude:

-122.2589859

The Property

Parcel Number:

0531692027
Property Type:

Residential Income
Property Sub Type:

Mixed Use
Topography:

Level
Lot Features:

Shape Regular
Lot Size Area:

5324
Lot Size Acres:

0.1222
Lot Size Square Feet:

5324
Lot Size Units:

Square Feet
Electric On Property:

true
Irrigation Water Rights:

false
Elevation Units:

Feet

Listing Agent

Contact info:

Beds

Bedrooms Total:

6

Baths

Bathrooms Total:

5
Bathrooms Full:

3
Bathrooms Partial:

2

The Listing

Virtual Tour URL Unbranded:

https://real.vision/2815-telegraph-avenue?o=u

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

false
Cooling:

None

Utilities

Utilities:

Natural Gas Connected
Gas:

Separate Meter
Electric:

Separate Meter
Sewer:

Public Sewer
Water Source:

Separate Meter

Appliances

Appliances:

Dishwasher

The Community

Association:

false

Parking

Garage:

true
Attached Garage:

false
Carport:

false
Parking Total:

4
Parking Features:

Detached
Covered Spaces:

2
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/22/24 Nov 22, 2024	Listed / Active	SFMLS	$1,890,000

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This multifamily located in North Hills, Berkeley, CA 94705 is currently for sale for $1,890,000. 2811 2815 Telegraph Avenue is a 5,253 square foot multifamily with 6 beds and 5 baths that has been on Estately for 30 days. 2811 2815 Telegraph Avenue is in the North Hills neighborhood of Berkeley and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of Malcolm X Elementary School, Berkeley High School, Willard Middle School, John Muir Elementary School, and Emerson Elementary School.

Listing Courtesy of: SFMLS and Compass.

Based on information from the SFMLS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. SFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser SFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.