2702 Dana St, Berkeley, CA 94705
2702 Dana St, Berkeley, CA 94705
2702 Dana St, Berkeley, CA 94705
37
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$2,395,000
Est. payment /mo
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5,567 SqFt
Pending

2702 Dana St Berkeley, CA 94705

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,567 sqft

Price per Sqft $430

Subdivision Berkeley

MLS Listing ID 41120643

HOA Y/N No

Year Built 1957

Lot Size 0.344 Acres

Acres 0.34

Property Sub-Type Multi Family

Property Description

2702 Dana Street presents a rare opportunity to create high-demand student housing in one of Berkeley's strongest rental corridors. The property is currently configured as three duplexes; one detached and two conjoined duplexes with a large central common area, allowing for an efficient dorm-style layout. The conjoined duplexes include eight offices that can be converted into bedrooms, with potential for two beds per room. Four kitchens and four bathrooms already exist, supporting a two-bedroom per kitchen and bath configuration. The large common area is ideal for shared amenities such as a dining room, study lounge, or social space, which can further enhance rental appeal. Nearby student housing achieves approximately $1,800 per bed, while this property is underwritten at lower levels, creating upside through repositioning. Situated on an approximately 15,000 square foot lot, the property also offers excess land for potential ADU development or future income opportunities, subject to buyer verification. 2702 Dana Street offers a compelling combination of location, scale, parking, and flexibility for investors seeking strong long term returns. Buyer to verify all development and conversion potential. Financials based on conversion numbers

Location

State CA

County Alameda

Rooms

Basement None

Interior

Interior Features Other

Heating Forced Air

Cooling Central Air

Flooring Carpet, Wood

Fireplace No

Exterior

Handicap Access Other

Total Parking Spaces 4

Building

Lot Description Other, See Remarks

New Construction No


Bridge MLS
Listed by Willem Bos • COMPASS

A FEW WORDS FROM PAST CLIENTS

NEARBY SCHOOL & BUSINESS

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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2702 Dana St