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1039 Channing Way, 
Berkeley, CA 94710

$1,550,000


Bed


Bath


2,730

Sq Ft


Multi-Family

Active

Listed by

Jatin Mehta

Kite Hill Real Estate

855-450-0442

Last updated:

April 12, 2026, 02:25 PM

MLS#

41123157

Source:

Bay East CCAR bridgeMLS

About This Home

1039 Channing Way

To access the marketing package copy/paste: https://bit.ly/kitehillre. This exceptional Southwest Berkeley property offers a highly desirable unit mix consisting of one 2BD/1BA, one 1BD/1BA with office, one 1BD/1BA, and a private detached 1BD/1BA cottage. The layout provides flexibility for both investors and owner-users, with two units delivered vacant, allowing for immediate occupancy or repositioning. The property generates strong in-place income of $12,095 per month est (including RUBS), translating to an attractive 6.43% cap rate and 10.68 GRM. With quality renovations already completed and stable cash flow in place, the asset offers both current income and long-term appreciation potential in one of Berkeley’s most sought-after neighborhoods. All units have been fully remodeled and the property has undergone a completed seismic retrofit, along with upgrades to central heating, plumbing, and electrical systems. A new boiler further enhances operational efficiency and minimizes near-term capital expenditure concerns. Residents enjoy secure and well-maintained amenities, including coded gate and individual unit entry, on-site laundry facilities, bicycle storage, and a one-car garage.

Home Facts

Multi-Family

Built in 1927

Price Summary

1,550,000

$567 per Sq. Ft.

MLS #:

41123157

Last Updated:

April 12, 2026, 02:25 PM

Added:

2 month(s) ago


Rooms & Interior

Interior

Living Area:

2,730 Sq. Ft.


Structure

Structure

Architectural Style:

Quadruplex

Building Area:

2,730 Sq. Ft.

Year Built:

1927


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$1,550,000

Price per Sq. Ft:

$567 per Sq. Ft.

MLS Logo
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. Data last updated at April 12, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.