For sale

$4,350,000

Est. $28,702/mo —

—

•

— ba

•

7,891

sq ft

2360 Ellsworth St, Berkeley, CA 94704

About this home

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 100% 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.

Multi-familyProperty Type

1975Year Built

3,760 sq ftLot Size

$551Price/Sq.Ft.

Listed by Willem Bos •DRE #02013980 • COMPASS

Listing updated: Aug 21, 2026 at 01:19am

Redfin checked: a minute ago

•Source:bridgeMLS, Bay East AOR, or Contra Costa AOR #41145057

Payment calculator

$28,702 per month

Principal and interest$23,445

Property taxes

$4,531

HOA dues

Home insurance

$725

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Sylvia Mendez Elementary

Public K-5 • Assigned • 0.6mi

8/10

Willard Middle School

Public 6-8 • Assigned • 0.5mi

10/10

Berkeley High School

Public 9-12 • Assigned • 0.4mi

9/10

Provided by GreatSchools

About

Southside

Southside, located between Downtown Berkeley and the UC Berkeley campus, is a student-oriented and walkable Berkeley neighborhood with a café-lined streetscape and classic apartment blocks. Telegraph Avenue at Bancroft Way concentrates the neighborhood’s character, where record shops, indie bookstores, boba counters, and late-night bites keep the sidewalks in motion. Architectural cues shift from early 20th-century walk-ups to mid-century courtyard buildings, with pockets of Craftsman homes on quieter blocks. Community pillars such as Moe’s Books, the Berkeley Art Museum and Pacific Film Archive, and the UC Theatre anchor the cultural calendar. Small courtyards, bike traffic, and campus-adjacent greens shape daily rhythms. Food counters and study-friendly coffee rooms set a practical, lived-in tone.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
In-unit laundry room
Laminate and tile flooring

Bedrooms
Seven units total: one 6-bedroom unit, four 2-bedroom units, and two 1-bedroom units

Bathrooms
Seven 1-bath units

Laundry & utility
Dedicated laundry room inside the building; laundry in-unit

Flooring
Laminate flooring
Tile flooring

Heating & cooling
Natural gas heating

Sale and tax history for 2360 Ellsworth St

Sale History
Tax History

Date

Event

Price

bridgeMLS, Bay East AOR, or Contra Costa AOR #41145057

Aug 14, 2026

Listed

$4,350,000

$551/sq ft

APPFOLIO #2

Mar 3, 2025

Rental Removed

$1,400

$0/sq ft

Aug 9, 2024

Listed for Rent

$1,400

$0/sq ft

APPFOLIO #1

Oct 11, 2023

Rental Removed

—

Oct 5, 2023

Listed for Rent

—

Aug 20, 2023

Rental Removed

—

Aug 19, 2023

Listed for Rent

—

Public Records

Apr 5, 2013

Sold

$1,375,000

$174/sq ft

Public Records

Jul 1, 1986

Sold

$275,000

$35/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$33,053 (+12.3%)

$466,604 + $1,256,000

$1,722,604

2024

$29,444 (+2.2%)

$457,457 + $1,231,380

$1,688,837

2023

$28,801 (+2.1%)

$448,489 + $1,207,240

$1,655,729

2022

$28,200

$431,077 + $1,160,370

$1,591,447

2021

$28,212 (+4.0%)

$431,077 + $1,160,370

$1,591,447

2020

$27,128 (+7.8%)

$422,625 + $1,137,620

$1,560,245

2019

$25,173 (+1.9%)

$418,294 + $1,125,960

$1,544,254

2018

$24,707 (+3.6%)

$410,095 + $1,103,890

$1,513,985

2017

$23,838 (+4.0%)

$394,172 + $1,061,030

$1,455,202

2016

$22,920 (+1.4%)

$394,172 + $1,061,030

$1,455,202

2015

$22,597 (−0.6%)

$386,445 + $1,040,230

$1,426,675

2014

$22,739 (+110.3%)

$373,186 + $1,004,540

$1,377,726

2013

$10,813 (+3.5%)

$373,186 + $1,004,540

$1,377,726

2012

$10,447 (+2.5%)

$166,472 + $260,647

$427,119

2011

$10,193 (−0.5%)

$163,208 + $255,538

$418,746

2010

$10,241 (+1.0%)

$160,009 + $250,529

$410,538

2009

$10,143 (+6.2%)

$158,814 + $248,658

$407,472

2008

$9,551

$159,192 + $249,250

$408,442

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,760 Sq. Ft.

Year renovated

1964

Finished Sq. Ft.

5,037

Unfinished Sq. Ft.

—

Total Sq. Ft.

5,037

Year built

1964

Style

Multi-Family (5+ Unit)

County

Alameda County

APN

055 188700200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

R-S

Residential Southside District

The purpose of the Residential Southside (R-S) district is to: Implement General Plan and Southside Plan policy by encouraging relatively high and moderate-density, multi-Story residential development close to major shopping, transportation, and employment centers; Make housing available for persons who desire a convenient location with relatively small amounts of usable open space, yet assure adequate light, air, privacy and usable open space to promote and protect their physical and mental health; Protect adjacent properties from unreasonable obstruction of light and air; Permit the construction of residential structures, such as apartments, and residential hotels, which will provide housing opportunities for transient or seasonal residents; Encourage the construction of new housing on vacant properties and surface parking lots; Encourage the redevelopment of single-Story structures that are not historically significant resources with more dense housing development; and Protect and enhance historically and architecturally significant buildings by ensuring that new development and alterations complement their existing architectural character.

Permitted uses

Include but are not limited to:

Agriculture-Other
Housing-Other
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 86° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

16 unhealthy days expected this year, 16 days in 30 years

Provided by First Street

Historical weather

Berkeley, CA • 94704

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

79/ 100

Good sunlight

Sunscore

This home receives average direct sun exposure in Berkeley. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.3 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 2360 Ellsworth St

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Details provided by bridgeMLS, Bay East AOR, or Contra Costa AOR and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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Nearby open houses (10)

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Around this home

Schools

Property details

Sale and tax history for 2360 Ellsworth St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 2360 Ellsworth St

Early Access listings

Nearby similar homes

New listings for sale in 94704

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