2535 Hillegass Ave, Berkeley CA 94704 | $2,795,000

Open House Tour on Saturday April 26th, 1:00PM-3:00PM. 2535 Hillegass Ave in Berkeley, CA. This South of Campus UC Berkeley property comprises 11 separate rentals across three buildings: a large single family home, a two story cottage, and a cabin. An Owner Occupant can live in the house or the cottage and receive significant rental income from the other units. Amenities include shared laundry facilities and off-street parking for additional rental income. Each building is separately metered for PG&E and billed separately for water, with current tenants covering all utilities to help reduce operating expenses for future owners. The well-maintained building boasts several updates, including a seismic retrofit, exterior drywall replacement, and upgraded electrical systems. It also features a large backyard with plenty of space for adding an ADU or exploring other value-add opportunities. Situated in a prime location in South Berkeley, the property is just a short walk from UC Berkeley and the vibrant coffee shops, restaurants, and transportation options in Downtown Berkeley.

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