1019 Channing Way, Berkeley, CA 94710

Berkeley
Local realty services provided by:ERA Donahoe Realty
1019 Channing Way,Berkeley, CA 94710
$1,395,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: perry gastis, theresa arrona
Office: bridges 8 real property sales & management inc510-833-8524
MLS#:41153313
Source:CRMLS

Price summary

  • Price:$1,395,000

About this home

Income today, a home of your own tomorrow. 1019 Channing Way delivers $132,982 in gross scheduled income and $92,209 NOI, a 6.61% cap rate at list price, from a lower unit plus an upper level of five individually leased rooms and shared laundry. Berkeley’s 2027 AGA lifts the projected cap rate to 6.85%. The headline, though, is the detached 2+ car garage: reserved for owner use only, not part of any tenancy, and delivered vacant. Under Berkeley Municipal Code Chapter 23.306 a garage may be converted to an ADU within its existing footprint, including nonconformities. Investors get a performing asset with a built in second phase. Owner users get a rare path to creating a private residence at the rear of the lot while the rents carry the property. West Berkeley location steps from San Pablo Avenue, minutes to Fourth Street, Berkeley Bowl West and the freeway. Income and expense summary available. ADU potential to be verified by buyer with City of Berkeley Planning. Shown by appointment;...

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Home facts

  • Year built:1905
  • Subdivision & Development:CENTRAL BERKELEY
  • Listing ID #:41153313
  • Added:1 day(s) ago
  • Updated:November 09, 2026 at 12:16 PM

Rooms and interior

  • Flooring:Wood

Heating and cooling

  • Heating:Floor Furnace

Structure and exterior

  • Year built:1905
  • Lot area:0.13 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$1,395,000

Parking

  • Total parking spaces:2
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