USACABerkeleyBerkeley1039 Channing Way
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$1,550,000

A day ago

1039 Channing Way, Berkeley, CA

0 Bed

0 Bath

--

1 Parking

MLS® 41123157

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 1
Lot Size 0.0918 acres
Approx. Age 1927
MLS® Number 41123157

Property Address: 1039 Channing Way, Berkeley, CA, 94710-2432

Average square foot calculated using Size range provided by listing agent.

Description

To access the marketing package copy/paste: https://bit.Ly/kitehillre. This exceptional Southwest Berkeley property offers a highly desirable unit mix consisting of one 2BD/1BA, one 1BD/1BA with office, one 1BD/1BA, and a private detached 1BD/1BA cottage. The layout provides flexibility for both investors and owner-users, with two units delivered vacant, allowing for immediate occupancy or repositioning. The property generates strong in-place income of $11, 000 per month (including RUBS), translating to an attractive 5.62% cap rate and 11.74 GRM. With quality renovations already completed and stable cash flow in place, the asset offers both current income and long-term appreciation potential in one of Berkeley’s most sought-after neighborhoods. All units have been fully remodeled and the property has undergone a completed seismic retrofit, along with upgrades to central heating, plumbing, and electrical systems. A new boiler further enhances operational efficiency and minimizes near-term capital expenditure concerns. Residents enjoy secure and well-maintained amenities, including coded gate and individual unit entry, on-site laundry facilities, bicycle storage, and a one-car garage.
MLS® Number41123157
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0918
Exterior
GarageNo
Approx. Age1927
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$1,550,000List Price
  • Commute

Commute

Starting Address
Destination Address
1039 Channing Way, Berkeley, CA

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