38$695,000
2 bd · 2 ba · 895 sqft
1322 Bancroft Way, Berkeley, CA
Jodi Nishimura · Kai Real Estate · on 3 MLSs
Est. $10,341/mo$345/sqft · 73 days on Realty
8
Beds
10
Baths
4,633
Sqft
1889
Built
Cap Rate - 4.11% (Current) | GRM – 10.39 (Current) Cap Rate – 6.08% (Proforma) | GRM – 9.20 (Proforma) We proudly present 2925 Mabel St in Berkeley, CA for sale. The multifamily asset features seven (7) total units across two separate buildings: a classic Victorian-style residence and a separate fourplex in the rear. The Victorian residence was converted into three (3) units, including a 3 bed / 2 bath and two (2) studios, while the fourplex is comprised of four (4) 1 bed / 1 bath units. A new driveway, new electric subpanels in the Victorian, completed sewer lateral, and SB 721 balcony clearance are some of the recent capital improvements. The property allows for multiple value-add strategies. The Victorian residence - which can be delivered vacant - can be converted back into a single-family home, or there is a potential for a lot split allowing the sale of the two buildings independently. Separate meters for electric and gas, and each building has separate water meters (2 in total). Located in Southwest Berkeley, the property is under one (1) mile from Ashby BART or quick access to Highway 80, allowing easy connections to Oakland, San Francisco, and the surrounding East Bay. A short distance to both UC Berkeley and Emeryville activities, the surrounding area offers an abundance of restaurants and shopping.
Listing agent
Davide Pio
Courtesy of BCRE
(510) 815-2000
Contra Costa Association of REALTORS · Listing 41142511
Listing agent
Davide Pio
Courtesy of BCRE
(510) 815-2000
California Regional Multiple Listing Service (CRMLS) · Listing 41142511
Choose a source to show its complete, unblended listing record.
Showing Contra Costa Association of REALTORS
$320,000
Estimated monthly payment
$10,341/mo
Loan amount $1,280,000. Estimate only — your actual rate and payment depend on credit, location, and lender.
2026 roll
School ratings (A+ to F) from HJN community data.
Ecole Bilingue de Berkeley
PK-8 · Regular
336 students · 7.9:1 student–teacher
Aspire Berkley Maynard Academy
KG-8 · Regular · Aspire Berkley Maynard Academy District
515 students · 22.1:1 student–teacher
Malcom X Elementary School
KG-5 · Regular · Berkeley Unified School District
469 students · 20.4:1 student–teacher
Emeryville Preschool Students
Regular · Emery Unified School District
Berkeley Independent Study K-8
KG-8 · Alternative/Other · Berkeley Unified School District
19 students · 9.4:1 student–teacher
Berkeley Technology Academy
10-12 · Alternative/Other · Berkeley Unified School District
54 students · 9.1:1 student–teacher
Walden Center & School
KG-6 · Regular
75 students · 9.5:1 student–teacher
Rosa Parks Elementary School
KG-5 · Regular · Berkeley Unified School District
393 students · 20.4:1 student–teacher
Within 2 miles of this home: 40+ restaurants and cafés, 25 grocery stores, 39+ parks and green spaces, and 12+ transit stops.
Place data from OpenStreetMap.
Chai Thai Noodles
Thai restaurant · San Pablo Avenue
King of Kebab
San Pablo Avenue
Chile Jalapeño
Mexican restaurant · San Pablo Avenue
Tacos Sinaloa
Mexican restaurant · Sacramento Street
McDonald's
San Pablo Avenue
The Bootstrapper
Sacramento Street
Narwhal Urban Village
Indian restaurant · Sacramento Street
Creekwood
Italian restaurant · Sacramento Street
South Berkeley Produce & Meat Market
Sacramento Street
Berkeley Bowl West
Heinz Avenue
Berkeley Flea Market
1937 Ashby
Ecology Center Farmer's Market
Gateway Grocery
Berkeley Bowl
Oregon Street
Cultured Pickle Shop
Bancroft Way
Mi Tierra
San Pablo Avenue
Pinnantak
Haskell-Mabel Mini Park
Haskell Street
Street Piano & Sound Garden
San Pablo Park
Park Street
Spiral Gardens
Prince Street Mini Park
Prince Street
A Place for Sustainable Living
Malcolm X School Park
King Street
Ashby Avenue & Mabel Street
Ashby Avenue & Acton Street
Ashby Avenue & San Pablo Avenue
San Pablo Avenue & Ashby Avenue
San Pablo Avenue & Haskell Street
Ashby Avenue & Sacramento Street
Sacramento Street & Ashby Avenue
San Pablo Avenue & Heinz Avenue
California Regional Multiple Listing Service (CRMLS)
Contra Costa Association of REALTORS
San Francisco Association of REALTORS MLSThis content last refreshed on 2026-10-03 05:29:05 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
38$695,000
2 bd · 2 ba · 895 sqft
1322 Bancroft Way, Berkeley, CA
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