2014 Channing Way - Apartments FOR SALE


Berkeley, CA 94704- Downtown Berkeley
$1,275,000 USD
415-306-4914
2014 Channing Way, Berkeley, CA for Sale
$1,275,000 USD
Apartments - FOR SALE
1/13
null | 4.64% Cap Rate

2014 Channing Way
Berkeley, CA 94704
Downtown Berkeley


HIGHLIGHTS

  • PRIME location steps from UC Berkeley
  • Perfect for student housing, and currently leased 2 units to students
  • 6 units featuring (2) 2BR/1BA units, (2) 1BR/1BA and (2) studios w/ desirable layouts
  • Unique apartments with beautifully manicured garden for tenants to enjoy!
  • Charming Victorian in an unbeatable location W/ PARKING!!
  • 40% UPSIDE IN RENTS!!!!

OVERVIEW

2014 Channing Way is a historic Victorian multi-family residence located in the heart of Downtown Berkeley. Built in 1893, this charming property encompasses six units, totaling 3,699 square feet of living space on a 6,750 square foot lot and features (2) 2BR/1BA units, (2) 1BR/1BA units and (2) studios. The building features a magical garden, providing a serene outdoor retreat for residents. Each unit offers unique characteristics, with some recently remodeled, including modern amenities such as high-speed internet access. The property is centrally located, within walking distance to BART, AC Transit, shops, restaurants, and entertainment venues, boasting a walk/bike score of 95. Off-street parking is available for residents, enhancing the convenience of urban living. This property represents a blend of historic charm and modern comfort in one of Berkeley’s most vibrant neighborhoods. 2014 Channing Way presents a stable investment opportunity in the heart of Berkeley, a market known for its strong rental demand and low vacancy rates. Just blocks from UC Berkeley, this property benefits from a consistent influx of students, faculty, and professionals, ensuring reliable occupancy year-round. The prime location near Downtown Berkeley’s transit, dining, and retail hubs further enhances its desirability, while the city’s limited housing supply supports steady rent growth and long-term property appreciation. Investors can expect dependable cash flow and sustained value in one of the Bay Area’s most resilient and high-performing. rental markets.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$345 USD /SF

# OF UNITS

6

PRICE/UNIT

$212,500

CAP RATE

4.64%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1893

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,750 SF

ZONING

-

APN/PARCEL ID

055-1896-022-01

ASK ABOUT THIS PROPERTY

Dante GiacominiEngel & VolkersMore Info
415-306-4914

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Dante GiacominiEngel & VolkersMore Info
415-306-4914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.