BOUGHT WITH REDFIN APR 4, 2025

Off market apr 2025 for $2.1M

—

Est. refi paymentEst. refi $11,418/mo

•

4,346

sq ft

3028 Colby St, Berkeley, CA 94705

About this home

5.5% cap turnkey 5 unit rental across from Alta Bates Medical Hospital and 1 mile from UC Berkeley. Enjoy this stabilized investment with 3 of 5 units fully remodeled and the remaining 2 in excellent condition. Recent exterior paint, updates, and maintenance means everything is ready to go. Located in a high demand area with Whole Foods and shopping just blocks away, this is an excellent addition to your investment portfolio.

Multi-familyProperty Type

1910Year Built

5,700 sq ftLot Size

$483Price/Sq.Ft.

Buyer's agent

Sami Elabed DRE #01725472Redfin

Listed by Nikolas Thysell •DRE #01990475 • Foreverhome Properties

Contact: Off: 510-907-0335

Redfin checked: 2 minutes ago

•Source:bridgeMLS, Bay East AOR, or Contra Costa AOR #41081092

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 94705, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

126.4%

+0.3% MoM

Median sale price

$2.0M

$125K MoM

Avg. days on market

15d

1 days MoM

Recently sold homes

6 MoM

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See all

Provided by Redfin

Sale history for 3028 Colby St

Year

Property tax

Land + Additions

Assessment*

2025

$41,311 (+9.2%)

$642,141 + $1,498,329

$2,140,470

2024

$37,820 (+2.1%)

$650,250 + $1,898,730

$2,548,980

2023

$37,051 (+246.5%)

$637,500 + $1,861,500

$2,499,000

2022

$10,693 (+0.8%)

$123,780 + $164,840

$288,620

2021

$10,608 (+9.8%)

$123,780 + $164,840

$288,620

2020

$9,662 (+9.4%)

$121,353 + $161,608

$282,961

2019

$8,834 (+2.8%)

$120,109 + $159,951

$280,060

2018

$8,592 (+5.3%)

$117,754 + $156,815

$274,569

2017

$8,163 (+8.3%)

$113,183 + $150,727

$263,910

2016

$7,538 (+1.9%)

$113,183 + $150,727

$263,910

2015

$7,396 (−1.9%)

$110,964 + $141,399

$252,363

2014

$7,539 (+1.3%)

$107,156 + $136,548

$243,704

2013

$7,445 (+3.5%)

$107,156 + $136,548

$243,704

2012

$7,196 (+2.9%)

$106,673 + $135,931

$242,604

2011

$6,996 (+1.7%)

$104,581 + $133,266

$237,847

2010

$6,878 (−1.0%)

$102,531 + $130,653

$233,184

2009

$6,946 (+7.3%)

$101,765 + $129,678

$231,443

2008

$6,471

$102,007 + $129,986

$231,993

Tax history for 3028 Colby St

Year

Property tax

Land + Additions

Assessment*

2025

$41,311 (+9.2%)

$642,141 + $1,498,329

$2,140,470

2024

$37,820 (+2.1%)

$650,250 + $1,898,730

$2,548,980

2023

$37,051 (+246.5%)

$637,500 + $1,861,500

$2,499,000

2022

$10,693 (+0.8%)

$123,780 + $164,840

$288,620

2021

$10,608 (+9.8%)

$123,780 + $164,840

$288,620

2020

$9,662 (+9.4%)

$121,353 + $161,608

$282,961

2019

$8,834 (+2.8%)

$120,109 + $159,951

$280,060

2018

$8,592 (+5.3%)

$117,754 + $156,815

$274,569

2017

$8,163 (+8.3%)

$113,183 + $150,727

$263,910

2016

$7,538 (+1.9%)

$113,183 + $150,727

$263,910

2015

$7,396 (−1.9%)

$110,964 + $141,399

$252,363

2014

$7,539 (+1.3%)

$107,156 + $136,548

$243,704

2013

$7,445 (+3.5%)

$107,156 + $136,548

$243,704

2012

$7,196 (+2.9%)

$106,673 + $135,931

$242,604

2011

$6,996 (+1.7%)

$104,581 + $133,266

$237,847

2010

$6,878 (−1.0%)

$102,531 + $130,653

$233,184

2009

$6,946 (+7.3%)

$101,765 + $129,678

$231,443

2008

$6,471

$102,007 + $129,986

$231,993

*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
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,700

Year renovated

2025

Sq. Ft.

4,346

Year built

1910

Style

Multi-Family (5+ Unit)

County

Alameda County

APN

052 157402100

Parking Spaces

—

Basement

Accessible

HOA Dues

—

Garage

Features

—

Last updated by owner on Aug 14, 2025.

R-2A

Restricted Multiple-Family Residential District

The purpose of the Restricted Multiple-Family Residential (R-2A) district is to: Implement the General Plan by encouraging the development of medium-density residential areas characterized by small multiple-family and garden-type apartment structures with a maximum of open space consistent with this type of development; Make available housing for persons who desire apartment-type accommodations with a maximum of open space; Protect adjacent properties from unreasonable obstruction of light and air; and permit only land use intensity which is compatible with existing low-density residential structures and is not detrimental to the immediate neighborhood.

Permitted uses

Include but are not limited to:

Agriculture-Other
Housing-Other
Park & open space

Oct 5, 2021 • Final

Minor

Remove and replace a gas water heater.

Plumbing

Water heater

Mar 19, 2018 • Active

Plan check

Replace the stairs, landing, and the roof of the laundry room.

Remodel

Roofing

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Total # of Parking Spaces: 5
Parking Features: Parking Lot, Assigned, Private, Uncovered Park Spaces 2+

Interior

Interior Features
Interior Features: Updated Baths, Updated Kitchen
Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer, Gas Water Heater, Tankless Water Heater
Laundry Features: Coin Operated, Common Area, Dryer, Washer
Window Features: Double Pane Windows
Flooring: Hardwood, Laminate

Unit 1 Information
# of Unit 1 Type: 1
Unit 1 # of Bedrooms: 4
Unit 1 # of Bathrooms: 2
Unit 1 Parking Spaces: 1

Unit 2 Information
# of Unit 2 Type: 1
Unit 2 # of Bedrooms: 1
Unit 2 # of Bathrooms: 1
Unit 2 # of Parking Spaces: 1

Unit 3 Information
# of Unit 3 Type: 1
Unit 3 # of Bedrooms: 1
Unit 3 # of Bathrooms: 1
Unit 3 # of Parking Spaces: 1

Unit 4 Information
# of Unit 4 Type: 1
Unit 4 # of Bedrooms: 2
Unit 4 # of Bathrooms: 2
Unit 4 # of Parking Spaces: 1

Multi-Unit Information
Number Of Units Total: 5
Some Units Have: Dishwasher, Disposal, Microwave, Refrigerator, Updated Baths, Updated Kitchen
Cap Rate: 5.52

Exterior

Building Information
Construction Materials: Composition Shingles, Stucco
Building Area Total: 4,346

Exterior Features
Roof: Shingle

Property Information
Living Area: 4346
Living Area Units: Square Feet
Property Type: COMM RI MULTI-UNITS 5+
Property Sub Type: 5 or More Units
Year Built: 1910

Lot Information
Lot Size Square Feet: 5700
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Lot Features: 2 Houses / 1 Lot, Court
Zoning: R-3

Utilities

Utility Information
Water Source: Public
Separate Meter: Electric, Gas
Sewer: Public Sewer
Utilities: Individual Electric Meter, Individual Gas Meter

Heating & Cooling
Has Heating
Heating: Forced Air, MultiUnits
Cooling: Multi Units

Public facts

Beds: 9
Baths: 7.0
Sq. Ft.: 4,346
Stories: 2.0
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 5,700 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1910
Year Renovated: 2025
County: Alameda County
APN: 052 157402100
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Aug 14, 2025

Around this home

Schools

Sylvia Mendez Elementary

Public K-5 • Assigned • 0.4mi

8/10

Willard Middle School

Public 6-8 • Assigned • 0.4mi

10/10

Berkeley High School

Public 9-12 • Assigned • 1.2mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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 84° 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 • 94705

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.1 hours in June and 5 hours in December, placing it above the U.S. average for solar exposure.

11.1 hrs

5 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 3028 Colby St

Data from public records.

Address	Redfin Estimate
3030 Colby Street, Berkeley, CA 2 Beds \| 2 Baths \| 1420 Sq. Ft.	$1,693,194
2448 Prince Street, Berkeley, CA 2 Beds \| 1.5 Baths \| 1294 Sq. Ft.	$1,754,304

Address	Redfin Estimate
3035 Colby Street, Berkeley, CA 2 Beds \| 2 Baths \| 1084 Sq. Ft.	$932,267
2445 Prince Street, Berkeley, CA 3 Beds \| 1 Baths \| 1608 Sq. Ft.	$1,549,354

Address	Redfin Estimate
3032 Colby Street, Berkeley, CA 4 Beds \| 3.5 Baths \| 2400 Sq. Ft.	$2,535,901
2442 Prince Street, Berkeley, CA 3 Beds \| 2 Baths \| 1604 Sq. Ft.	$1,732,262

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 94705, CA

Sale history for 3028 Colby St

Tax history for 3028 Colby St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 94705

Home values near 3028 Colby St

More real estate resources