Pending

3138 California St

Berkeley, CA 94703

$2,000,000 $8,432/Mo

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Overview

Bed

Bath

6,800

Sqft(Lot)

Description

Just four blocks from Ashby BART and tucked into a quiet, tree-lined street, 3138 California St blends location, stability, and upside in one of South Berkeley’s most accessible pockets. This 8-unit building features (7) 2BD/1BA units and (1) 3BD/2BA across 6,208 sq ft, set on a 6,800 sq ft lot with a spacious rear parking area and on-site laundry. The building is set back from the street, offering added privacy and a quieter living environment for its tenants. Most units are renting near market, making this a clean, income-producing asset from day one. With its proximity to Shattuck Ave, Adeline St, cafés, markets, and parks, tenants enjoy convenience without sacrificing neighborhood feel. Offered at just $250K per unit and delivering a near 7% CAP, this is a rare opportunity to own a wel l-located, well-maintained multifamily building in a high-demand rental corridor.

Property Details

Property Type : Residential Income

Price : $2,000,000

AD Id : 74213038

MLS Id : 41120832

Lot Size : 6,800 Sqft

Year Built : 1964

County : Alameda

Subdivision: Fallbrook

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0
Interior Features

Property Appliances: Gas Water Heater,Dryer,Washer
Cooling Features

None Air Conditioning

Heating Source

Natural Gas,Wall Furnace Has Heating

Building Information

Year Built: 1964 Construction: Concrete,Wood Siding

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1561
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6800

Listing Price Information

Original List Price: 2,000,000 Listing Contract Date: 2026-01-14

Tax Information

Parcel Number: 5215443

Rental Info

Lease Term: Negotiable Tenant Pays: Gas

Other Property Info

Source Listing Status: Pending Source Neighborhood: Directions: S Sacramento St Left Woolsey St Cross Street: California St. Source Property Type: Residential Income
Building and Construction

Property Age: 62 Year Built Source: Vendor Enhanced

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
Martin Luther King Juni.., Berkeley, CA, 94703	$1,895	--	--	310	310 SqFt
Prince Street, Berkeley, CA, 94703	$4,195	3	--	900	900 SqFt
Prince Street, Berkeley, CA, 94703	$4,000	3	--	900	900 SqFt

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ByOwner last updated this listing 04/06/2026 @ 23:11

MLS: 41120832 LISTED BY: Joey Wang, Keller Williams Realty 925-934-2900 SOURCE: CRMLS