2319 Ward St - Apartments FOR SALE


Berkeley, CA 94705- South Berkeley
$950,000 USD
925-899-3985
2319 Ward St, Berkeley, CA for Sale
$950,000 USD
Apartments - FOR SALE
1/17
null | 4.15% Cap Rate

2319 Ward St
Berkeley, CA 94705
South Berkeley


HIGHLIGHTS

  • Located near south UC Berkeley Campus.
  • 2 units will be delivered vacant.
  • SB 721 Compliant

OVERVIEW

2319 Ward Street is a two-story 4-plex located just blocks away from the south UC Berkeley campus, making it a prime asset for investors targeting steady student and professional demand. The property sits just off Shattuck Avenue, and Downtown Berkeley and the BART station are both under one mile away, offering excellent connectivity and long-term desirability. The building features (4) large 1-bedroom, 1-bath units with tall ceilings, creating bright and open interiors that stand out in the Berkeley rental market. Two units will be delivered vacant, allowing an investor to immediately capture market rents or execute light value-add strategies without delay. Recent upgrades include newer exterior walkways that have been inspected and are SB 721 compliant, reducing future capital exposure. Tenants also benefit from a common outdoor area and an on-site laundry room with one washer and one dryer, supporting convenience and retention. A standout feature is that each unit includes its own private storage space—roughly the size of a small garage, a rare amenity in this location. The property is also separately metered for PG&E, helping investors maintain efficient and predictable operating expenses.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$369 USD /SF

# OF UNITS

4

PRICE/UNIT

$237,500

CAP RATE

4.15%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R2

APN/PARCEL ID

054-1715-013-00

ASK ABOUT THIS PROPERTY

Travis RacitiCompassMore Info
925-899-3985

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Travis RacitiCompassMore Info
925-899-3985

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