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 $11,000 per month (including RUBS), translating to an attractive 5.62% cap rate and 11.74 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.
Property Details
Price:
$1,550,000
MLS #:
41123157
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
BERKELEY
Listed Date:
Feb 5, 2026
Lot Size:
4,000 sqft / 0.09 acres (approx)
Year Built:
1927
See this Listing
Schools
Interior
Cooling
SEE
Flooring
WOOD
Heating
GAS
Exterior
Construction Materials
STC
Parking Spots
1
Financial
Map
Community
- Address1039 Channing Way Berkeley CA
- SubdivisionBERKELEY
- CityBerkeley
- CountyAlameda
- Zip Code94710
Subdivisions in Berkeley
Market Summary
Current real estate data for Single Family in Berkeley as of Feb 21, 2026
88
Single Family Listed
43
Avg DOM
484
Avg $ / SqFt
$1,138,591
Avg List Price
Property Summary
- Located in the BERKELEY subdivision, 1039 Channing Way Berkeley CA is a Single Family for sale in Berkeley, CA, 94710. It is listed for $1,550,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1927. The average price per square foot for Single Family listings in Berkeley is $484. The average listing price for Single Family in Berkeley is $1,138,591.
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1039 Channing Way
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