Berkeley, CA 94704,2741 Dwight Way
Listed by Joey Wang • Keller Williams Realty
Bought with Outside Agent • Outside Office
$4,650,000
$4,750,000
2.1%
Est.Price: ?

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9,078 SqFt

2741 Dwight Way Berkeley, CA 94704

Est. payment /mo
SOLD DATE : 12/10/2025

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Key Details

Sold Price $4,650,000

Property Type Commercial

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 9,078 sqft

Price per Sqft $512

Subdivision Alameda County

MLS Listing ID 41112410

Sold Date 12/10/25

HOA Y/N No

Year Built 1964

Lot Size 6,440 Sqft

Property Sub-Type 5 or More Units

Source Bridge AOR

Property Description

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.

Location

State CA

County Alameda

Interior

Heating Natural Gas, Wall Furnace, Hot Water

Cooling Wall/Window Unit(s), Room Air

Flooring Laminate

Fireplace No

Window Features Double Pane Windows

Appliance Dryer

Laundry Dryer, Laundry Room, Washer, Sink

Building

Lot Description Back Yard, Garden

Water Mutual Water

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