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2245 Ashby AvenueBerkeley, CA 94705

For Sale

$3,200,000

Smart Buyer Rebate $32,000

Exceptional Berkeley investment opportunity! 2243-2245 Ashby Avenue offers two buildings on one lot with five fully leased units, just minutes from UC Berkeley. The property features a desirable unit mix including a 6BR/2BA, 3BR/2BA, 2BR/1BA, and two 1BR/1BA units. Four of the five units have been extensively remodeled with modern kitchens, baths, flooring, and appliances. Recent upgrades include roof work (2023), new exterior paint, and refinished hardwood floors. Additional upside includes approved plans for a 2BR/2BA ADU in the basement and income potential from parking and storage. The property offers five parking spaces (seven tandem), coin-operated laundry, and a Walk Score of 93, Walker's Paradise.'' With strong in-place income, pro forma growth potential, and a premier Berkeley location near BART, shops, dining, and hospitals, this turnkey multi-unit is a rare find in today's market.

Listed by Michael Young

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License #02003601

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Forward Studio City Inc.

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8666470

Last updated January 26, 2026

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Source: SFAR #426096518

Listing Facts

  • TypeMulti-family
  • NeighborhoodLeConte
  • Days on Prevu151
  • Size5,494 sqft
  • Price per sqft$582

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

01/16/2026
Listed by Forward Studio City Inc.
$3,200,000

Property Details for 2245 Ashby Avenue

Exterior

Construction

  • Number Of Units Total: 5
  • Property Condition: Updated/Remodeled, Varies By Unit
  • Year Built: 1925

Measurements

  • Lot Size Acres: 0.15
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 6,800
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.09

Taxes

  • Parcel Number: 052-1580-013

Interior

Measurements

  • Living Area: 5,494
  • Living Area Source: Assessor Auto-Fill

Parking

Parking

  • Parking Features: Covered, Side-by-Side, Uncovered, Varies By Unit
  • Parking Total: 7

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2245 Ashby Avenue.

Does this multi-family home have parking?

Yes, there are 7 parking spaces available for 2245 Ashby Avenue.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,494 sqft.

2245 Ashby Avenue is a -bedroom multi-family home for sale in Berkeley CA 94705. On Prevu for 151 days at $3,200,000. This residence features 5,494 square feet of living space, located in Berkeley. The median listing price for multi-family homes in this area is $1,430,000. Property amenities include pets allowed and parking. View other multi-family home listings in Berkeley.

Based on information from San Francisco Association of REALTORS® and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.