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$ 4,650,000
$ 4,750,000 2.1%
Est. payment /mo
Sold on 12/10/2025
2741 Dwight Way Berkeley, CA 94704
UPDATED:
Key Details
Sold Price $4,650,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Alameda County
MLS Listing ID 41112410
Sold Date 12/10/25
HOA Y/N No
Year Built 1964
Property Description
Prime student housing investment just blocks from UC Berkeley in Southside. 2741 Dwight Way is a 12-unit property consisting of 2BD/1BA layouts (~750 sq ft each) across a 3-story, 9,078 sq ft building. All units are leased to UC Berkeley students, with turnover expected within 2 years—offering strong repositioning opportunity. Units feature original kitchens and baths, updated flooring, and large living rooms with layout flexibility for conversion to 3BD units with estimated post-renovation rents of up to $4,200/month. The property includes a rare subterranean garage with 15 spaces and potential for ADU conversion. Located on a major corridor with an AC Transit stop at the front door, and walking distance to campus, cafés, and Downtown Berkeley BART. Ideal long-term asset in a proven submarket.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater, Dryer
Exterior
Roof Type Foam
Total Parking Spaces 15
Others
Tax ID 5518675
Financing Conventional
Listed by Joey Wang Keller Williams Realty
Bought with Outside Agent Outside Office
Bought with Outside Agent Outside Office