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  • 2360 Ellsworth St

2360 Ellsworth St, Berkeley, CA 94704

$4,350,000 Approx. USD 0 beds, 0 baths

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Photo of Joseph Maghami

Joseph Maghami REALTOR® - Sales Associate 949-813-1619 m
949-644-6200 o
Lic#: 01908118
NRDS ID: 185060093
kjmaghami@gmail.com Text Me
Call My Cell
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Lic#: 01908118
NRDS ID: 185060093
kjmaghami@gmail.com Corona del Mar Office
3301 E. Coast Hwy
Corona del Mar, CA 92625
Phone: 949-723-7080
Fax: 949-675-2156
 Corona del Mar 3301 E. Coast Hwy
Corona del Mar, CA 92625
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Fax: 949-675-2156
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Listing Agent


Willem Bos | willem@bosgroupcre.com
Lic#: 02013980
Broker: Courtesy of COMPASS
Phone: 916-698-9954

Agent Remarks

2360 Ellsworth St sits one block from the UC Berkeley campus edge in South Berkeley, where demand is driven by enrollment. Seven units and twenty six beds, leased by the bed or by the unit, so ownership runs whichever strategy the market rewards. A 6.60% cap and 9.22 GRM going in at 96% bed occupancy, with rents nearly 10% below market. The kicker: the seller is willing to sign a master lease at $452,092 per year, lifting day one returns to a 7.22% cap and 6.76% cash-on-cash with zero leasing risk, and the owner still keeps $24,272 a year of parking and other income. Collect steady, hands-off income or step in and operate for the upside. The heavy lifting is done: $370,531 of capital invested since 2013, seismic retrofit complete, garage parking, common laundry, renovated quartz kitchens. Offered at $4,350,000, $167,308 per bed. The full Offering Memorandum is available for immediate download at 2360-ellsworth.com or reach out to willem@bosgroupcre.com or brian@bosgroupcre.com.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41145057
Price: $4,350,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1964
0.09 acres
Lot size: 0.0863
Subdivision: SOUTH BERKELEY
County: Alameda
Construction: Stucco
Heating/cooling: None
Heating description: Natural Gas

Last Updated: 8/14/2026

 Days On Market (DOM): 2

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Lat/Long: 37.866780, -122.263727.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Joseph Maghami

Joseph Maghami REALTOR® - Sales Associate 949-813-1619 m
949-644-6200 o
Lic#: 01908118
NRDS ID: 185060093
kjmaghami@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 01908118
NRDS ID: 185060093
kjmaghami@gmail.com
Corona del Mar Office
3301 E. Coast Hwy
Corona del Mar, CA 92625
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