2443 Woolsey St - Apartments FOR SALE


Berkeley, CA 94705- Elmwood
$1,700,000 USD
415-306-4914
2443 Woolsey St, Berkeley, CA for Sale
$1,700,000 USD
Apartments - FOR SALE
1/12
null | 4.64% Cap Rate

2443 Woolsey St
Berkeley, CA 94705
Elmwood


HIGHLIGHTS

  • Attractive Unit Mix Featuring: (4) 2BR/1BA and (1) 3BR/1BA
  • Onsite Parking and Laundry: Perfect for professional tenants making this property competitive in the rental market
  • Significant Rental and Value Upside: A new owner can realize 25% in potential rent growth and force considerable appreciation
  • Prime Location: Highly desirable Elmwood neighborhood with excellent tenant appeal and only steps from a retail corridor, College Avenue.
  • Well-Positioned Asset: Ideal for long-term hold or value-add investor
  • Well-Maintained: Ownership has made improvements to the property, with new windows, fenced and manicured yards, making it a desirable place to live

OVERVIEW

2443 Woolsey Street offers an exceptional multifamily investment opportunity in the heart of Berkeley’s highly desirable Elmwood neighborhood. This well-maintained property features 5 units, including (4) 2BR/1BA units and (1) spacious 3BR/1BA unit, offering a total of approximately 3,510 square feet of rentable space. Set on a quiet, treelined street just steps from the shops and restaurants of College Avenue, the property is ideally located for strong tenant demand and long-term appreciation. The units offer excellent rental appeal, and current income levels leave room for significant upside—approximately 25%—through turnover or light value-add improvements. Whether you’re a seasoned investor or looking to enter one of the East Bay’s most stable rental markets, 2443 Woolsey Street represents a rare chance to acquire a quality asset in a supply-constrained, high-demand neighborhood. 2443 Woolsey Street, Berkeley, CA 94705 is nestled in the heart of one of Berkeley’s most desirable residential neighborhoods—Elmwood—an area known for its tree-lined streets, charming early 20th-century architecture, and walkable, community-oriented atmosphere. This address places you just a few blocks from the shops, cafés, and restaurants of College Avenue, including beloved local spots like La Méditeranée, Avenue Bread, and Elmwood Café. The building is ideally situated for both commuters and those who value proximity to culture and nature. It’s a short distance to Ashby BART station—making access to San Francisco and other Bay Area destinations easy—while UC Berkeley is just over a mile away. Nearby parks like Willard Park and Claremont Canyon Regional Preserve offer green spaces for recreation and relaxation. In terms of schools and community, Woolsey Street falls within the highly regarded Berkeley Unified School District and benefits from the area’s strong civic engagement and vibrant local events. The neighborhood is a mix of families, academics, and long-time residents, contributing to its warm and intellectually stimulating vibe.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$371 USD /SF

# OF UNITS

5

PRICE/UNIT

$340,000

CAP RATE

4.64%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

-

APN/PARCEL ID

052-1559-005-00

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.