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2925 Mabel St
Berkeley, CA 94702 Southwest Berkeley

$1,600,000 USD

Apartments For Sale • 5,342 SF

Property Details

Property Type Apartments
Total Building Size 5,342 SF
Lot Size 0.29 AC
Building Class B
Year Built 1910
Cap Rate 3.67 %
Zoning R-3

70 Transit Score

60 Walk Score

                
                    Highlights
                
                                Lot Split Exit Strategy: An investor can split the lot into two to independently sell the residence vs fourplex building.
                            
                                Capital Improvements: Owner has made capital improvements including a new subpanels at the Victorian, sewer lateral, and SB 721 balcony clearance.
                            
                                Core Suburban Bay Area Location: Berkeley market has experienced 15.47% cumulative rent growth over 10 years, with another 7.80% projected in 3 years.

Financial Summary (Actual)

Net Operating Income: $58,661 USD (2026)

Cap Rate:	3.67 %
Total Expenses:	$79,790 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Leon Electric

Public Transportation

Commuter Rail	Drive	Walk	Distance
	4 min	-	1.3 mi
	5 min	-	2.3 mi
Transit/Subway	Drive	Walk	Distance
Ashby Station (Fremont - Richmond - Bay Area Rapid Transit (BART), Richmond - Millbrae - Bay Area Rapid Transit (BART))	3 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Metro Oakland International	24 min	-	13.7 mi
San Francisco International	35 min	-	22.6 mi
Norman Y Mineta San Jose International	59 min	-	45.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	13
Type:	Surface
Included in Rent:	Yes

Davide Pio, CCIM 510-815-2000 BCRE

2925 Mabel St Berkeley, CA 94702 Southwest Berkeley