2737 Ashby Pl Berkeley, CA 94705

A 4-unit multifamily property in Berkeley’s beloved Elmwood neighborhood for only $850K?—No, it’s not too good to be true! With three, 1BR/1BA and one studio, 2737 Ashby Place is ready for new ownership for the first time in 50 years. From the front door, tenants can easily walk to any number of amenities including Whole Foods Market, Rockridge BART, and the UC Berkeley campus. The central location means vacancies will never be difficult to fill, nor will it be tough to command market rates when leasing to new tenants. FYI—the top-floor 1BR (which comes with its own private deck and parking spot) will be delivered vacant upon close. The building is 2,576 square feet and it sits on top of a robust lot that’s 5,220 square feet, the rear portion of which has major ADU potential pending city approval.