USACABerkeleySouth Berkeley2925 Mabel St
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$1,600,000

For Sale

5 days ago

2925 Mabel St, Berkeley, CA

House

MLS® 41142511

0 Bed

0 Bath

--

13 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $32,525
Days Active 6
Lot Size 0.2945 Acres
Approx. Age 1889
MLS® Number 41142511

Property Address: 2925 Mabel St, Berkeley, CA, 94702-2417

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

Description

Cap Rate - 3.67% (Current) | GRM – 10.98 (Current) Cap Rate – 6.08% (Proforma) | GRM – 9.20 (Proforma) We proudly present 2925 Mabel St in Berkeley, CA for sale. The multifamily asset features seven (7) total units across two separate buildings: a classic Victorian-style residence and a separate fourplex in the rear. The Victorian residence was converted into three (3) units, including a 3 bed / 2 bath and two (2) studios, while the fourplex is comprised of four (4) 1 bed / 1 bath units. A new driveway, new electric subpanels in the Victorian, completed sewer lateral, and SB 721 balcony clearance are some of the recent capital improvements. The property allows for multiple value-add strategies. The Victorian residence - which can be delivered vacant - can be converted back into a single-family home, or there is a potential for a lot split allowing the sale of the two buildings independently. Separate meters for electric and gas, and each building has separate water meters (2 in total). Located in Southwest Berkeley, the property is under one (1) mile from Ashby BART or quick access to Highway 80, allowing easy connections to Oakland, San Francisco, and the surrounding East Bay. A short distance to both UC Berkeley and Emeryville activities, the surrounding area offers an abundance of restaurants and shopping.
MLS® Number41142511
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1889
Basement
Driveway
Garage Spaces
HeatWall Furnace
A/CSee Remarks

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 22, 2026List Date
$1,600,000List Price
  • Commute

Commute

Starting Address
Destination Address
2925 Mabel St, Berkeley, CA

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