Homes for sale - 2702 Dana St, Berkeley, CA 94705

Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Willem Bos • COMPASS

$2,395,000

Est. payment - /mo

5,567 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,567 sqft

Price per Sqft $430

MLS Listing ID EB41120643

Year Built 1957

Lot Size 0.344 Acres

Property Sub-Type Five or More Units

Source Bridge MLS

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. ** Finacials based on conversion numbers***

Location

State CA

County Alameda

Area Berkeley Map Area 9

Interior

Heating Forced Air

Cooling Central -1 Zone

Flooring Carpet - Wall to Wall, Wood

Exterior

Parking Features Attached Garage, Off-Site Parking

Garage Spaces 15.0

Roof Type 30

Building

Lot Description Other

Sewer Sewer - Public

Others

Special Listing Condition New, Not Applicable

Read Less Info

Get More Information

JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

Quick Search

2702 Dana St Berkeley, CA 94705

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Get More Information