To access marketing package copy/paste: https://bit.ly/kitehillre. Located at 2215 Cedar Street in the heart of North Berkeley, this property offers an excellent unit mix, consisting of six 1-bedroom units and one spacious 2-bedroom unit. This combination provides a versatile rental opportunity, catering to a range of tenants. Each unit has been extensively renovated, with modern finishes and upgrades that make them highly attractive in today’s market. The improvements, which include new siding, a new roof, plumbing, electrical systems, windows, decks, stairs, and tankless water heaters, were all completed with permits, ensuring quality and compliance. The property is fully occupied and currently generates over $17,000 per month in rental income, with significant upside potential. With an estimated 15% to 20% increase in rents, there is ample room for growth in cash flow. Additionally, the property includes 1:1 off-street parking for tenants, providing convenience and ensuring a hassle-free living experience. Onsite coin-operated laundry facilities are available for tenant use, adding extra value and ease to everyday living. Situated just a short walk from UC Berkeley, 2215 Cedar Street offers an A+ location that is highly sought after by students and professionals alike.
Property Details
Price:
$2,500,000
MLS #:
41094858
Status:
Active
Baths:
0
Address:
2215 Cedar St
Type:
Residential Income
City:
Berkeley
Listed Date:
Apr 24, 2025
State:
CA
ZIP:
94709
Lot Size:
6,866 sqft / 0.16 acres (approx)
Year Built:
1901
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Schools
Interior
Cooling
None
Heating
Natural Gas
Exterior
Parking Spots
7.00
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address2215 Cedar St Berkeley CA
- CityBerkeley
- CountyAlameda
- Zip Code94709
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2215 Cedar St
Berkeley, CA
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