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Bill Truong

sellbybill@gmail.com +1(510) 821-0755

Listed by Ashley Monasmith • Monasmith Real Estate

$ 2,099,000

Est. payment | -/mo

3,435 SqFt

Save

$ 2,099,000

Est. payment | -/mo

Save

3,435 SqFt

Key Details

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,435 sqft

Price per Sqft $611

Subdivision Elmwood

MLS Listing ID 41135456

HOA Y/N No

Year Built 1903

Lot Size 7,950 Sqft

Property Sub-Type OTHER

Source BAY EAST

Property Description

Rare investment opportunity on iconic College Avenue in Berkeley. This expansive single-family property features specialized use potential and flexible living configurations ideal for investors, owner-occupants, or income-focused buyers. The main residence offers four bedrooms, two bathrooms, oversized living spaces, basement access, and multiple generously sized bedrooms. Two rooms share access to a private patio deck, creating additional outdoor appeal. A separate section of the property includes seven additional bedrooms — six located on the upper level — along with two kitchens, two bathrooms, and attic access, offering versatile occupancy and layout possibilities. The property also features an attached art studio with a private entrance and dedicated bathroom. Currently operated in a manner similar to single-room occupancy (SRO) use, the property presents multiple potential income-producing opportunities, subject to buyer verification and local regulations. Possible uses may include owner-occupancy with supplemental rental income or maximizing rental potential across multiple sections. Conveniently located near shops, dining, transit, and neighborhood amenities, this property offers strong long-term investment potential. Property could benefit from and may require updates and improvements, providing an opportunity to increase ROI. Buyer to investigate and verify permit status, bedroom and bathroom count, and square footage of all living areas to their satisfaction.Buyer to verify current occupancy, rents, tenancy, lease, and expenses to their satisfaction. Property is exempt from BESO as an REO per BESO. Pending exemption certificate.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling No Air Conditioning

Flooring See Remarks

Fireplace No

Building

Lot Description Premium Lot, Rectangular Lot

Water Public

Others

Special Listing Condition Real Estate Owned, REO/Bank Owned

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

NEARBY SCHOOLS & PROPERTIES

+1(510) 821-0755

sellbybill@gmail.com

39465 Paseo Padre Parkway # 1500, Fremont, CA, 94539, United States

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2610 College Ave Berkeley, CA 94704