2741 Dwight Way new

Berkeley,CA 94704

$ 4750000

- Bed

0 Bath

- SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Alameda County

MLS Listing ID 41112410

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)

Exterior

Roof Type Foam

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