Cap Rates @ 5.49 & GRM @ 9.79%. Welcome to 2110 Ashby Ave, a premier mix-used commercial building located in the heart of Berkeley's Elmwood neighborhood, offering an exceptional investment opportunity with upside, stable income from long-term tenants. In high demand, Ashby Ave is fully occupied, most of the units are well maintained, laundry unit on site, bonus garden areas ensures a high level of tenant satisfaction, seismic upgrades completed, dual pane windows. Additionally, the property includes a bonus detached storage unit, which provides versatile usage options and holds potential for conversion into an ADU. further increasing the property's income-generating capabilities. Conveniently located, near Ashby Bart station, easy access to freeway, close to Berkeley Bowl, Whole Foods, and all the local shops and dining, short ride to UC Berkeley, this prime. location ensures a steady flow of potential tenants and business clients. Investors will appreciate the consistent and reliable rental income, coupled with the opportunity for rent increases and property appreciation over time. Whether you are looking to expand your portfolio or secure a stable income-producing asset, invest in 2110 Ashby Ave, a property that promises stability, potential growth, and an unbeatable location.
MLS #
BE41061952
MLS Source
Bay East
Days on Site
168
Flooring
Linoleum, Tile
Cooling
None
Heating
Wall Furnace
Garage/Parking
No Parking, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Complex Amenities
Garden / Greenbelt/ Trails
Listing Agent
Derek Han
BHG Reliance Partners
License #: 01738860
Phone: (510) 847-5598
Co-Listing Agent
Anna Li
License #: 01189430
Phone: (510) 853-8810
2110 Ashby Ave is a Residential Income in Berkeley, CA 94705. This 6,600 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,398,000 and was built in 1904.
This address can also be written as 2110 Ashby Ave, Berkeley, CA 94705.©2024 Bay East. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay East.
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This listing information is up-to-date as of August 26, 2024. For the most current information, please contact Derek Han, (510) 847-5598