2215 Cedar St

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Address: 2215 Cedar St, Berkeley, CA 94709, USA
California & West + Apartment Buildings
Created date: April 24, 2025
Date last updated: October 25, 2026
Price: $2,300,000Investment Analyzer NEW!
  • Attractive Unit Mix: This well-balanced property features three spacious 2-bedroom units, three comfortable 1-bedroom units, and one unique 2-bedroom, 1.5-bath unit—ideal for a diverse tenant base.
  • Extensively Renovated: Improvements including new siding, roof, plumbing, electrical systems, energy-efficient windows, decks, stairs, and tankless water heaters—offering long-term durability and reduced maintenance costs.
  • Strong Income Performance: Fully leased and currently generating over $15,000 per month in rental income, with an estimated 30% upside in potential rents—an excellent opportunity for both cash flow and appreciation.
  • Convenient Off-Street Parking: Provides 3 to 5 off-street parking spaces, a valuable amenity that enhances tenant satisfaction and supports strong occupancy.
  • Onsite Laundry Facility: Coin-operated laundry on premises adds convenience for tenants and generates additional passive income.
  • Prime North Berkeley Location: Situated in one of Berkeley’s most sought-after neighborhoods—just a short walk to UC Berkeley, local dining, shopping, and public transit—offering exceptional walkability and long-term rental demand.

Property Description

2215 Cedar St is a North Berkeley multifamily property that offers a desirable mix of three spacious 2-bedroom units, three well-appointed 1-bedroom units, and one unique 2-bedroom, 1.5-bath unit—ideal for a variety of tenant needs. Fully leased and currently generating over $15,000 per month in rental income, the property presents a compelling investment opportunity with an estimated 30% upside in rental potential. The inclusion of 3 to 5 off-street parking spaces further enhances tenant appeal and convenience. The building has undergone extensive renovations that ensure long-term value and minimal maintenance requirements. Recent improvements include new siding, roof, plumbing, electrical systems, windows, decks, stairs, and energy-efficient tankless water heaters. An onsite coin-operated laundry facility adds an additional revenue stream while providing practical convenience for tenants. Situated in the heart of North Berkeley, the property boasts a prime location just minutes from UC Berkeley and within walking distance to a variety of local shops, restaurants, and public transit options. This highly walkable and desirable neighborhood ensures strong and consistent rental demand, making this a turnkey opportunity for investors seeking immediate income with long-term growth potential.
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Broker Details

Jatin Mehta
Jatin Mehta

Kite Hill Real Estate (510) 878-6800 MLS ID: R02045713

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Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,300,000
No. of Units: 7
Year Built: 1901
Lot Size: 0.16 Acres
Opportunity Zone: No
Price per unit: $328,571
Property Website Click Here
Address: 2215 Cedar St, Berkeley, CA 94709, USA
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