Prime student housing investment just blocks from UC Berkeley in Southside. 2741 Dwight Way is a 12-unit property consisting of 2BD/1BA layouts (~750 sq ft each) across a 3-story, 9,078 sq ft building. All units are leased to UC Berkeley students, with turnover expected within 2 years—offering strong repositioning opportunity. Units feature original kitchens and baths, updated flooring, and large living rooms with layout flexibility for conversion to 3BD units with estimated post-renovation rents of up to $4,200/month. The property includes a rare subterranean garage with 15 spaces and potential for ADU conversion. Located on a major corridor with an AC Transit stop at the front door, and walking distance to campus, cafés, and Downtown Berkeley BART. Ideal long-term asset in a proven submarket.
Multi-familyProperty Type
1964Year Built
6,440 sq ftLot Size
$512Price/Sq.Ft.
Listed by Joey Wang•DRE #01890931• Keller Williams Realty
bridgeMLS, Bay East AOR, or Contra Costa AOR #41112410
Dec 10, 2025
Sold
$4,650,000
$512/sq ft
Oct 13, 2025
Pending
—
Sep 22, 2025
Listed
$4,750,000
$523/sq ft
Public Records
Nov 4, 1983
Sold
$240,000
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$29,106 (+19.3%)
$1,800,000 + $2,844,000
$4,644,000
2024
$24,397 (+2.7%)
$200,135 + $595,435
$795,570
2023
$23,763 (+3.1%)
$196,211 + $583,761
$779,972
2022
$23,038 (+0.6%)
$188,594 + $561,096
$749,690
2021
$22,893 (+9.4%)
$188,594 + $561,096
$749,690
2020
$20,932 (+8.6%)
$184,896 + $550,095
$734,991
2019
$19,267 (+2.7%)
$183,000 + $544,456
$727,456
2018
$18,768 (+4.2%)
$179,413 + $533,782
$713,195
2017
$18,020 (+6.6%)
$172,447 + $513,057
$685,504
2016
$16,911 (+1.8%)
$172,447 + $513,057
$685,504
2015
$16,613 (+0.2%)
$169,066 + $502,998
$672,064
2014
$16,588 (+0.9%)
$163,266 + $485,743
$649,009
2013
$16,443 (+3.0%)
$163,266 + $485,743
$649,009
2012
$15,966 (+2.3%)
$162,529 + $483,550
$646,079
2011
$15,610 (+1.5%)
$159,342 + $474,069
$633,411
2010
$15,377 (−0.5%)
$156,218 + $464,774
$620,992
2009
$15,458 (+6.4%)
$155,051 + $461,302
$616,353
2008
$14,522
$155,420 + $462,400
$617,820
Tax history for 2741 Dwight Way
Year
Property tax
Land + Additions
Assessment*
2025
$29,106 (+19.3%)
$1,800,000 + $2,844,000
$4,644,000
2024
$24,397 (+2.7%)
$200,135 + $595,435
$795,570
2023
$23,763 (+3.1%)
$196,211 + $583,761
$779,972
2022
$23,038 (+0.6%)
$188,594 + $561,096
$749,690
2021
$22,893 (+9.4%)
$188,594 + $561,096
$749,690
2020
$20,932 (+8.6%)
$184,896 + $550,095
$734,991
2019
$19,267 (+2.7%)
$183,000 + $544,456
$727,456
2018
$18,768 (+4.2%)
$179,413 + $533,782
$713,195
2017
$18,020 (+6.6%)
$172,447 + $513,057
$685,504
2016
$16,911 (+1.8%)
$172,447 + $513,057
$685,504
2015
$16,613 (+0.2%)
$169,066 + $502,998
$672,064
2014
$16,588 (+0.9%)
$163,266 + $485,743
$649,009
2013
$16,443 (+3.0%)
$163,266 + $485,743
$649,009
2012
$15,966 (+2.3%)
$162,529 + $483,550
$646,079
2011
$15,610 (+1.5%)
$159,342 + $474,069
$633,411
2010
$15,377 (−0.5%)
$156,218 + $464,774
$620,992
2009
$15,458 (+6.4%)
$155,051 + $461,302
$616,353
2008
$14,522
$155,420 + $462,400
$617,820
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
24
Baths
12
Stories
3
Lot width
—
Lot depth
—
Lot size
6,440 Sq. Ft.
Year renovated
1964
Sq. Ft.
9,078
Year built
1964
Style
Multi-Family (5+ Unit)
County
Alameda County
APN
055 186700500
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
R-3H
H
Multiple Family Residential District - Hillside Overlay Zone
The purpose of the Multiple-Family Residential (R-3) district is to: Implement the General Plan by encouraging development of relatively high-density residential areas; Make available housing for persons who desire both convenience of location and a reasonable amount of usable open space; Protect adjacent properties from unreasonable obstruction of light and air; Permit the construction of residential structures, such as dormitories, fraternity and sorority houses, boarding and rooming houses, which meet City requirements for this type of housing; and Permit the construction of specialized care and treatment facilities such as senior congregate housing, nursing homes, and hospitals when such are not detrimental to the immediate neighborhood.; The purpose of the Hillside (H) overlay zone is to: implement General Plan policies for hillside development; protect the safety and health of residents where steep topography, unusual street conditions and proximity to the wildland-urban interface create severe risk from wildfire; protect the character of Berkeley's hillside areas and their immediate environs; give reasonable protection to views yet allow appropriate development of all property; and allow modifications in standard setback and height requirements when justified because of steep topography, irregular lot pattern, unusual street conditions, or other special aspects of the hillside areas.