1. California
2. Berkeley
3. 2110 Ashby Ave

2110 Ashby Ave, Berkeley, CA 94705

Property Description

New price! The current cap rate is 5.74%! 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.

Listing Status:

Active

Date Added:

August 19, 2024 at 05:00AM

Listing Office:

BHG Reliance Partners : 510-868-1400

Listing Agent:

Derek Han : 510-868-1400

MLS ID:

41070266

Interior

• Flooring: LaminateTileWood
• A/C: None
• Heating: Wall Furnace

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Derek Han, BHG Reliance Partners