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2815 Telegraph AvenueBerkeley, CA 94705

For Sale

$1,450,000

Smart Buyer Rebate $14,500

Unlock the potential of this exceptional mixed-use property located just steps from the University of Berkeley campus! The spacious ground floor features a vacant restaurant space that was formerly home to the renowned Tai Shan Chinese restaurant, complete with a fully equipped kitchen, perfect for an owner-operator looking to start their own culinary venture. This setup allows the owner to operate their business while receiving rental income from the upper residential units, effectively offsetting expenses. The upper level consists of three residential units, with two units currently tenant-occupied and one additional unit available for immediate leasing or owner occupancy. Additionally, there is a bonus unit located in the back of the property, further enhancing your investment potential. Situated on high-traffic Telegraph Avenue, this property offers excellent visibility and foot traffic, making it ideal for a variety of business endeavors. Whether you're an investor seeking a property with multiple income streams or an entrepreneur ready to launch your dream restaurant, this property is a must-see. Don't miss out on this incredible opportunity in a vibrant and sought-after Berkeley neighborhood!

Listed by Vincent Heung

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License #01866837

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Compass

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6902238

Last updated April 08, 2026

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Source: SFAR #426118178

Listing Facts

  • TypeMulti-family
  • NeighborhoodClaremont Elmwood
  • Days on Prevu74
  • Size4,593 sqft
  • Price per sqft$316

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

04/03/2026
Listed by Compass
$1,450,000

Property Details for 2815 Telegraph Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Window Features: Bay Window(s)
  • Year Built: 1908
  • Construction Materials: Concrete, Stucco, Wood

Measurements

  • Lot Size Acres: 0.12
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 5,324
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 9.03

Taxes

  • Parcel Number: 053-1692-027

Interior

Features

  • Appliances: Dishwasher, Free Standing Gas Range, Gas Water Heater
  • Flooring: Simulated Wood, Tile, Varies By Unit, Wood

Measurements

  • Living Area: 4,593
  • Living Area Source: Assessor Auto-Fill

Rooms

  • Rooms Total: 13

Parking

Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage
  • Parking Total: 4

Utilities

Equipment

  • Heating: Varies By Unit
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Utilities: City, Electric, Natural Gas Connected, Sewer Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2815 Telegraph Avenue.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 2815 Telegraph Avenue.

How does 2815 Telegraph Avenue compare to other multi-family homes in Claremont Elmwood?

This multi-family home is listed 21% below the average price for multi-family homes in Claremont Elmwood and has been on the market for 31 more days than the typical home in this area.

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

According to the MLS, this listing is 4,593 sqft.

2815 Telegraph Avenue is a -bedroom multi-family home for sale in Berkeley CA 94705. Listed on Prevu for 74 days at $1,450,000. This property features 4,593 square feet of living space, located in Claremont Elmwood. The median listing price for multi-family homes in this area is $1,995,000. Additional amenities include dishwasher, pets allowed, and parking. Browse more multi-family home listings in Alameda County.

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.