Huge investment potential for the future owner of this fully leased, stylishly renovated 1925 duplex in one of the Bay area's most sought-after rental markets. An immediate cash flow investment opportunity. Prime south Berkeley location close to UCB campus and walking distance to Berkeley Bowl West and Ashby BART. This 1,986 square-foot property features three bedrooms/one bathroom on the first floor, four bedrooms/two bathrooms on the second floor with a separate entrance. A spacious backyard awaits your personal touch and/or ADU. There was an ADU approval for the backyard that can be renewed. The approved ADU plan featured a two-story building with five bedrooms and 1,930 square-foot in total. Currently, the backyard will accommodate parking for five cars plus one car in the front. Will be sold with all tenants in place. SELLER MOTIVATED!
Off market
Listing Provided by:
$1,355,898
1241 Ashby Ave, Berkeley, CA 94702
--beds
--baths
1,986sqft
Duplex
Built in 1925
-- sqft lot
$-- Zestimate®
$683/sqft
$4,860 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 03:22pm
Source: CRMLS,MLS#: OC25029683
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Natural Gas
Appliances
- Included: Dryer, Washer
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,986
- Total interior livable area: 1,986 sqft
Property
Parking
- Total spaces: 6
- Parking features: On Site
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 4,550 sqft
- Features: 2-5 Units/Acre, Near Public Transit
Details
- Parcel number: 53162811
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Shingle
Condition
- Additions/Alterations,Building Permit,Updated/Remodeled
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Shared Septic
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected
Community & neighborhood
Community
- Community features: Urban
Location
- Region: Berkeley
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange