2741 Dwight Way, Berkeley, CA 94704
Local realty services provided by:ERA Excel Realty
2741 Dwight Way,Berkeley, CA 94704
$4,750,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:joey wang
Office:keller williams realty
MLS#:41112410
Source:CRMLS
Price summary
- Price:$4,750,000
About this home
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.
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Home facts
- Year built:1964
- Listing ID #:41112410
- Added:1 day(s) ago
- Updated:September 23, 2025 at 03:25 AM
Heating and cooling
- Cooling:Wall Window Units
- Heating:Natural Gas, Wall Furnance
Structure and exterior
- Roof:Foam
- Year built:1964
- Lot area:0.15 Acres
Finances and disclosures
- Price:$4,750,000
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