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.
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.