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Executive Summary

Rare Elmwood Compound Near UC Berkeley! Situated on a spacious 7,950 sq ft lot, this exceptional property features two homes plus a detached ADU*, offering ideal flexibility for multi-generational living or investment. Front house: 5BD/2BA Back House: 3+BD/2BA, ADU: Studio.
The home has over 10 years of operating history as a student bedroom rental, currently with 18 rented beds throughout the three units grossing $250,000 per year. Future owners can consider converting several current single-tenant bedrooms into doubles, offering a path for a new owner to dramatically increase rental income by approximately 20%. Column 2 of the proforma page reflects this increased 21-bed scenario. Property can be delivered with tenants or vacant.

Property Facts

Price $3,410,600 CAD
Price Per Unit $1,136,867 CAD
Sale Type Investment
Cap Rate 5.67%
No. Units 3
Property Type Multifamily
Property Subtype
Dormitory
  • Multifamily Apartments
Apartment Style Mid-Rise
Building Class C
Lot Size 0.18 AC
Building Size 3,879 SF
No. Stories 2
Year Built 1905
Parking Ratio 1.29/1,000 SF

Amenities

Unit Amenities

  • Balcony
  • Bay Window
  • Patio
  • Porch

Site Amenities

  • Laundry Facilities
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
055-1841-023-00
Land Assessment
$757,550 CAD
Improvements Assessment
$1,767,620 CAD
Total Assessment
$2,525,170 CAD
  • Listing ID: 40217185

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: 2633 Regent St, Berkeley, CA 94704

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