3138 California St, Berkeley, CA 94703
- $1,684,000
- Sold Price
- $1,684,000
- List Price
- $2,000,000
- Closing Date
- Apr 13, 2026
- Status
- CLOSED
- MLS#
- 41120832
- Year Built
- 1964
- Lot Size
- 6,800
- Acres
- 0.16
- Lot Location
- Street Level
- Days on Market
- 22
- Property Type
- Multifamily
- Neighborhood
- Berkeley
Property 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 well-located, well-maintained multifamily building in a high-demand rental corridor.
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Additional Information
- Appliances
- Gas Water Heater, Dryer, Washer
- Heat
- Natural Gas, Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Exterior Construction
- Concrete, Wood Siding
- Attached Structure
- Detached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $236,858
- Parking Spaces
- 8
Listing courtesy of Listing Agent: Joey Wang (joey.wang@loremultifamily.com) from Listing Office: Keller Williams Realty.
Listing sold by Stefan Isaksen from Golden Gate Sothebys Intl Rlty
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.