3138 California St Berkeley, CA ^$ 2,000,000

3138 California St

^$ 2,000,000

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Recently Listed

3138 California St

Berkeley, CA, 94703

^$ 2,000,000

Studio Baths0.0

Monthly Estimate*

^$ 12,314

Listed by Keller Williams Realty

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Studio

Multi-Family Home for sale in Berkeley, CA

for $2,000,000. This home was built in 1964 on a lot size of 0.1561.

Just four blocks from Ashby BART and tucked into a quiet, tree-lined street, 3138 California St blends location, stability, and upside in one of South Berkeley’s most accessible pockets. This 8-unit building features (7) 2BD/1BA units and (1) 3BD/2BA across 6,208 sq ft, set on a 6,800 sq ft lot with a spacious rear parking area and on-site laundry. The building is set back from the street, offering added privacy and a quieter living environment for its tenants. Most units are renting near market, making this a clean, income-producing asset from day one. With its proximity to Shattuck Ave, Adeline St, cafés, markets, and parks, tenants enjoy convenience without sacrificing neighborhood feel. Offered at just $250K per unit and delivering a near 7% CAP, this is a rare opportunity to own a well-located, well-maintained multifamily building in a high-demand rental corridor.

Multi-Family Active

Price

^$ 2,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1561

Year Built

1964

Town/City

Berkeley

County/Region

Alameda

MLS | Web ID

41120832

Days on Market

Features

General

Heating Natural Gas Wall Furnace

Cooling None

Appliances Gas Water Heater Dryer Washer

HOA Fee 0

Construction Materials Concrete Wood Siding

Year Built 1964

Tenant Pays Gas

County Alameda

Property Type Residential Income

Subdivision Name BERKELEY

Status Active

Directions S Sacramento St Left Woolsey St Cross Street: California St.

City Berkeley

Number Of Units Total 8

Lot Size Units Square Feet

Lot Size Square Feet 6800

Standard Status Active

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Lot Features Street Level

Total Parking 8

Lot Size Area 6800

Lot Size Acres 0.1561

* Excluded Features

List By

Keller Williams Realty

Broker

joeywang@kwcommercial.com

Affordability Calculator

$12,314

Per Month

Monthly Principal & Interest: $12,314
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Berkeley, CA

Average List Price ^$2,013,960

Percent of Sale Price 1%

About Berkeley, CA

118,775 Population

16% Since 2002

^$76,242 Median Income

33.13 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/15/2026	$2,000,000		Listed Price

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3138 California St, Berkeley, CA, 94703 is a Multi-Family Home for sale at $2,000,000 with a lot size of 0.1561. 3138 California St is a studio with 0.0 baths and was built in 1964. The property's zip code is 94703 which is in Berkeley, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 1/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3138 California St

Multi-Family Home for sale in Berkeley, CA

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