- $4.4M Price
- .09 Acres
- 15 DOM
2360 Ellsworth St
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 100% 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.
Essential Information
- MLS® #41145057
- Price$4,350,000
- Bathrooms0.00
- Acres0.09
- Year Built1975
- TypeResidential Income
- StatusActive
Community Information
- Address2360 Ellsworth St
- SubdivisionSOUTH BERKELEY
- CityBerkeley
- CountyAlameda
- Zip Code94704
Amenities
- Parking Spaces7
Interior
- HeatingNatural Gas
- CoolingNone
Exterior
- ExteriorStucco
- ConstructionStucco
Additional Information
- Date ListedAugust 14th, 2026
- Days on Market15
Listing Details
- AgentWillem Bos
- OfficeCOMPASS
Willem Bos, COMPASS.
Based on information from California Regional Multiple Listing Service, Inc. as of August 29th, 2026 at 8:22am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.