Property Details
About this Property
2537 Ellsworth Street represents a fully renovated nine-unit apartment building located just blocks from UC Berkeley. Offered at $5.195m, this asset has benefited from more than $825,000+ in recent (2024) permitted capital improvements, including seven (7) down-to-the-studs unit remodels, new windows, new roof, a secured parking gate, upgraded electrical panels, and fresh interior and exterior paint and finishes. The property features seven (7) spacious 3-BR/2-BA units and two (2) 3-BR/1.5-BA units, all recently updated with modern finishes and high-quality improvements. This building has a gross building area of 8,244 square feet and offers ten (10) garage parking spaces which bring an additional $1,025/month in gross income. It is off the soft-story list, and has passed sewer lateral and SB-721 inspections. This investment provides both stability and upside, with a current cap rate of 6.21% and a current GRM of 10.63. Tenants enjoy walkability to UC Berkeley, Telegraph Avenue, restaurants, cafés, and shopping, as well as easy access to BART and AC Transit. With its prime location, strong occupancy history, and extensive renovations, 2537 Ellsworth Street represents an outstanding opportunity for investors seeking a pride-of-ownership investment.
MLS Listing Information
MLS #
EB41113741
MLS Source
Bridge MLS
Days on Site
31
Interior Features
Flooring
Other
Cooling
Other
Heating
Gas
Exterior Features
Roof
Other
Parking, School, and Other Information
Complex Amenities
Other
Contact Information
Listing Agent
Willem Bos
COMPASS
License #: 02013980
Phone: (916) 698-9954
Co-Listing Agent
Nate Gustavson
License #: 01898316
Phone: (415) 786-9410
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 9 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 3 | 0/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2537 Ellsworth St is a Residential Income in Berkeley, CA 94704. This 8,244 square foot property sits on a 5,716 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,195,000 and was built in 1965. This address can also be written as 2537 Ellsworth St, Berkeley, CA 94704.
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This listing information is up-to-date as of October 10, 2025. For the most current information, please contact Willem Bos, (916) 698-9954
