2215 Cedar St, Berkeley, CA 94709

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Listed by Jatin Mehta, (510) 878-6800 from Kite Hill Real Estate
(If provided) CoList: from

Sold listing courtesy of Jatin Mehta from OBKH

Sold Price
$2,115,000
List Price
$2,300,000
Closing Date
Aug 08, 2025
MLS#
EB41094858
Status
SOLD
Lot Size
6,866
Listing Area
Berkeley Map Area 1
Year Built
1901

Property Description

Located at 2215 Cedar Street in the heart of North Berkeley, this property offers an excellent unit mix, consisting of (4) 2-bedroom units and (3) 1-bedroom unit. This combination provides a versatile rental opportunity, catering to a range of tenants. Each unit has been extensively renovated, with modern finishes and upgrades that make them highly attractive in today's market. The improvements, which include new siding, a new roof, plumbing, electrical systems, windows, decks, stairs, and tankless water heaters, were all completed with permits, ensuring quality and compliance. The property is fully occupied and currently generates over $15,080 per month in rental income, with significant upside potential. With an estimated 15% to 20% increase in rents, there is ample room for growth in cash flow. Additionally, the property includes 3-4 off-street parking for tenants, providing convenience and ensuring a hassle-free living experience. Onsite coin-operated laundry facilities are available for tenant use, adding extra value and ease to everyday living. Situated just a short walk from UC Berkeley, 2215 Cedar Street offers an A+ location that is highly sought after by students and professionals alike.

Additional Information

Acres
0.15
Age
124
Amenities
Storage Area(s)
Cooling System
None
Days On Market
Unknown
Exterior Features
Stucco
Floor Covering
Wood
Garage Parking
Tandem Parking
Heating System
Gas
Laundry Facilities
Laundry Facility - Coin-Op
Lot Description
Regular
Lot Size
6,866
Neighborhood
Berkeley Map Area 1
Numberof Units
7
Sewer
Sewer - Public
Unincorporated Yn
Yes

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