Description

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.