$2,300,000

2215 Cedar St, Berkeley, CA 94709

  • 4,601 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $500/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

To access marketing package copy/paste: https://bit.ly/kitehillre. Located at 2215 Cedar Street in the heart of North Berkeley, this property offers an excellent unit mix, consisting of (4) 2-bedroom units and (3) 1-bedroom unit. This combination provides a versatile rental opportunity, catering to a range of tenants. Each unit has been extensively renovated, with modern finishes and upgrades that make them highly attractive in today’s market. The improvements, which include new siding, a new roof, plumbing, electrical systems, windows, decks, stairs, and tankless water heaters, were all completed with permits, ensuring quality and compliance. The property is fully occupied and currently generates over $15,080 per month in rental income, with significant upside potential. With an estimated 15% to 20% increase in rents, there is ample room for growth in cash flow. Additionally, the property includes 3-4 off-street parking for tenants, providing convenience and ensuring a hassle-free living experience. Onsite coin-operated laundry facilities are available for tenant use, adding extra value and ease to everyday living. Situated just a short walk from UC Berkeley, 2215 Cedar Street offers an A+ location that is highly sought after by students and professionals alike.

Listing Status:
Active
Date Added:
April 24, 2025 at 05:00AM
Listing Office:
Kite Hill Real Estate : 855-450-0442
Listing Agent:
Jatin Mehta : 949-929-9562
MLS ID:
41094858
  • General: Storage
  • Laundry: Coin Operated
  • Basement: None
  • Flooring: Wood
  • A/C: None
  • Heating: Natural Gas

This listing courtesy of Jatin Mehta, Kite Hill Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Berkeley Arts Magnet at Whittier (BAM)

1645 Milvia St, Berkeley, CA, 94709

Grades KG-5

0.28 miles away

M

Martin Luther King Jr. Middle School

1781 Rose St, Berkeley, CA, 94703

Grades 6-8

0.63 miles away

B

Berkeley High School

1980 Allston Way, Berkeley, CA, 94704

Grades 9-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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