Home | Alameda County | Berkeley | 94704 | 2360 Ellsworth St
MLS: EB41145057 | Status: | Price: $4,350,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 7,891 | 3,760 | 1964 |
2360 Ellsworth St sits one block from the UC Berkeley campus edge in South Berkeley, where demand is driven by enrollment. Seven units and twenty six beds, leased by the bed or by the unit, so ownership runs whichever strategy the market rewards. A 6.60% cap and 9.22 GRM going in at 96% bed occupancy, with rents nearly 10% below market. The kicker: the seller is willing to sign a master lease at $452,092 per year, lifting day one returns to a 7.22% cap and 6.76% cash-on-cash with zero leasing risk, and the owner still keeps $24,272 a year of parking and other income. Collect steady, hands-off income or step in and operate for the upside. The heavy lifting is done: $370,531 of capital invested since 2013, seismic retrofit complete, garage parking, common laundry, renovated quartz kitchens. Offered at $4,350,000, $167,308 per bed. The full Offering Memorandum is available for immediate download at 2360-ellsworth.com or reach out to willem@bosgroupcre.com or brian@bosgroupcre.com.
| Field | Value |
|---|---|
| MLS # | EB41145057 |
| MLS Source | Bridge MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Flooring | Laminate, Tile |
| Cooling | None |
| Heating | Gas |
Willem Bos
COMPASS
License #: 02013980
Phone: (916) 698-9954
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 1 | 0/0 | – | – | – |
| 2 | – | 2 | 0/0 | – | – | – |
| 3 | – | 6 | 0/0 | – | – | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1444 Walnut St | $4,700,000 | – | – | 7,167 | |
| 1533 Harmon St | $4,795,000 | – | – | 10,220 | |
| 1610 Milvia St | $4,850,000 | – | – | 5,134 | |
| 1430 Josephine St | $4,488,000 | – | – | 12,288 |
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This listing information is up-to-date as of August 14, 2026. For the most current information, please contact Willem Bos, (916) 698-9954.