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$ 4,750,000
Est. payment | /mo
6,438 Sqft Lot
$ 4,750,000
Est. payment | /mo
6,438 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Alameda County
MLS Listing ID 41112410
HOA Y/N No
Year Built 1964
Lot Size 6,438 Sqft
Property Description
Prime student housing investment just blocks from UC Berkeley in Southside. 2741 Dwight Way is a 12-unit property consisting of 2BD/1BA layouts (~750 sq ft each) across a 3-story, 9,078 sq ft building. All units are leased to UC Berkeley students, with turnover expected within 2 years—offering strong repositioning opportunity. Units feature original kitchens and baths, updated flooring, and large living rooms with layout flexibility for conversion to 3BD units with estimated post-renovation rents of up to $4,200/month. The property includes a rare subterranean garage with 15 spaces and potential for ADU conversion. Located on a major corridor with an AC Transit stop at the front door, and walking distance to campus, cafés, and Downtown Berkeley BART. Ideal long-term asset in a proven submarket.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater, Dryer
Exterior
Roof Type Foam
Total Parking Spaces 15
Others
Tax ID 5518675
Listed by Joey Wang Keller Williams Realty