2429 San Pablo AV
Berkeley, CA, 94702
$1,198,000
Beds
0 Baths
2,352 SqFt
0.12 Acres
Add
MLS #ML82063628 image #0
Fully Occupied 4-Unit Value-Add Opportunity in Berkeley’s West Berkeley Corridor! This uniform four-unit multifamily asset features all one-bedroom, one-bathroom apartments at 588 SF each, with four dedicated surface parking spaces a rare and valuable amenity in this walkable Berkeley submarket. 100% occupied with in-place rents currently running 8% below market, the property offers investors dependable in-place income (5.40% cap rate) plus clear upside as rents move toward market levels (6.17% pro forma cap). Individually metered electric and gas keep operating costs predictable, while the property’s location along San Pablo Avenue one of the East Bay’s most established residential and commercial corridors supports strong, consistent renter demand. Close to UC Berkeley, regional transportation, and vibrant retail and dining, this well-positioned asset combines a clean, easy-to-manage unit mix with genuine rent growth potential in a supply-constrained multifamily market. Priced at $1,198,000 ($299,500/unit, $509/SF).

Property Details

Price:
$1,198,000
MLS #:
ML82063628
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
699notdefined
Listed Date:
Oct 5, 2026
Finished Sq Ft:
2,352
Total Sq Ft:
2,352
Lot Size:
5,400 sqft / 0.12 acres (approx)
Year Built:
1942
699 – Not Defined699notdefinedOther

Ask a Question

See this Listing

Send
  

Schools

School District:
Other

Interior

Cooling
NO

Exterior

Accessibility Features
NO
Parking Spots
4
Parking Total
4

Financial

Maintenance Fee
$3,000
Taxes
$20,939

Map

Community

Market Summary

Current real estate data for Single Family in Berkeley as of Oct 07, 2026
132
Single Family Listed
45
Avg DOM
701
Avg $ / SqFt
$1,872,956
Avg List Price

Property Summary

    2429 San Pablo AV Berkeley CA is a Single Family for sale in Berkeley, CA, 94702. It is listed for $1,198,000 and features 0 beds, 0 baths, and has approximately 2,352 square feet of living space, and was originally constructed in 1942. The current price per square foot is $509. The average price per square foot for Single Family listings in Berkeley is $701. The average listing price for Single Family in Berkeley is $1,872,956.

Similar Listings Nearby

broker reciprocity
MLS# 41129072broker reciprocity
2401 San Pablo Ave
Oakland, CA

$1,545,000

3.3 miles away

broker reciprocity
MLS# 41142431broker reciprocity
2923 Wheeler St
Berkeley, CA

$1,495,000

1.4 miles away

broker reciprocity
MLS# 41148639broker reciprocity
2312 Browning St.
Berkeley, CA

$1,495,000

0.2 miles away

broker reciprocity
MLS# ML82062595broker reciprocity
812 54th ST
Oakland, CA

$1,490,000

1.9 miles away

broker reciprocity
MLS# 41144257broker reciprocity
2825 Crusader ST
Alameda, CA

$1,488,800

4.9 miles away

broker reciprocity
MLS# 41144409broker reciprocity
2520 Milvia St
Berkeley, CA

$1,450,000

1.1 miles away

broker reciprocity
MLS# 41142448broker reciprocity
95 Moss Ave
Oakland, CA

$1,450,000

3.5 miles away

broker reciprocity
MLS# 41136697broker reciprocity
1313 Curtis St
Berkeley, CA

$1,449,000

1.3 miles away

broker reciprocity
MLS# ML82061604broker reciprocity
350 Santa Clara AV
Oakland, CA

$1,449,000

4.0 miles away

broker reciprocity
MLS# ML82054141broker reciprocity
638 EUCALYPTUS WY
Alameda, CA

$1,425,000

4.9 miles away

2429 San Pablo AV
Berkeley, CA