Home | Alameda County | Berkeley | 94710 | 1039 Channing Way
MLS: EB41123157 | Status: Sold | Price: $1,500,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 2,730 | 4,000 | 1927 |
To access the marketing package copy/paste: https://bit.ly/kitehillre. This exceptional Southwest Berkeley property offers a highly desirable unit mix consisting of one 2BD/1BA, one 1BD/1BA with office, one 1BD/1BA, and a private detached 1BD/1BA cottage. The layout provides flexibility for both investors and owner-users, with two units delivered vacant, allowing for immediate occupancy or repositioning. The property generates strong in-place income of $12,095 per month est (including RUBS), translating to an attractive 6.43% cap rate and 10.68 GRM. With quality renovations already completed and stable cash flow in place, the asset offers both current income and long-term appreciation potential in one of Berkeley’s most sought-after neighborhoods. All units have been fully remodeled and the property has undergone a completed seismic retrofit, along with upgrades to central heating, plumbing, and electrical systems. A new boiler further enhances operational efficiency and minimizes near-term capital expenditure concerns. Residents enjoy secure and well-maintained amenities, including coded gate and individual unit entry, on-site laundry facilities, bicycle storage, and a one-car garage.
| Field | Value |
|---|---|
| MLS # | EB41123157 |
| MLS Source | Bridge MLS |
| Feature | Details |
|---|---|
| Flooring | Wood |
| Cooling | Other |
| Heating | Gas |
| Feature | Details |
|---|---|
| Roof | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Tandem Parking, Garage: Car(s) |
Jatin Mehta
Kite Hill Real Estate
License #: 02045713
Phone: (510) 878-6800
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 710 | 1 | 0/0 | – |
| 2 | 710 | 1 | 0/0 | $3,500 |
| 3 | 350 | 1 | 0/0 | – |
| 4 | 900 | 2 | 0/0 | – |
School data provided by GreatSchools.org
©2026 Bridge MLS. 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 Bridge MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of April 16, 2026. For the most current information, please contact Jatin Mehta, (510) 878-6800.