$1,600,000

2925 Mabel St, Berkeley, CA 94702

4,633 sq ft

Listed by Bcre, Davide Pio

Status: Active

MLS® #41142511

Property description for 2925 Mabel St, Berkeley, CA 94702

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.

QUICK OVERVIEW

Built in 1889
$345 / Sq Ft
13 parking spaces
Other
Wall Furnace
90 days on website
0.3 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Davide Pio

Listing Office Bcre, 5102220900

Updated Thursday, August 27, 2026 at 4:00:54 PM

Bay East © 2026 CCAR © 2026 bridgeMLS © 2026 Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

NEIGHBORHOOD

About the West Berkeley Neighborhood

West Berkeley is a "jack-of-all-trades" when it comes to the feel of this area. It is easy to find vibrant streets in this part of the city. Even though there are relatively few nearby entertainment venues, there are often a large number of people around, and with its a few bars, it is easy to find a place to grab a drink because they are generally located close by. West Berkeley is reasonably quiet, as the streets tend to be peaceful. Green spaces, such as San Pablo Park, are especially well-situated and there are about 40 of them close by for residents to visit, which makes them very easy to get to from most locations within the neighborhood.

Learn more about West Berkeley

Car friendly

Excellent access to freeways and/or major arteries, with almost no chance of parking problems

Daycares

At least one daycare within a very short walk

Groceries

Exceptional variety of groceries within a few minutes' walk

Restaurants

Wide variety of restaurants within a few minutes’ walk

Shopping

Wide variety of shops within a few minutes' walk

CLIMATE RISK FOR 94702

PROPERTY HISTORY FOR 2925 MABEL ST

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2925 Mabel St, Berkeley, CA 94702

Property description for 2925 Mabel St, Berkeley, CA 94702

QUICK OVERVIEW

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

NEIGHBORHOOD

CLIMATE RISK FOR 94702

PROPERTY HISTORY FOR 2925 MABEL ST

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