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  • 1019 Channing Way

1019 Channing Way, Berkeley, CA 94710

$1,395,000 Approx. USD 0 beds, 0 baths

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Photo of Patrick Ahern

Patrick Ahern REALTOR® - Sales Associate 858-220-9001 m
858-459-0501 o
Lic#: 00610408
NRDS ID: 196548265
aherngroup@gmail.com Text Me
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Lic#: 00610408
NRDS ID: 196548265
aherngroup@gmail.com La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
Phone: 858-459-0501
Fax: 858-459-3275
 La Jolla Prospect 1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
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Fax: 858-459-3275
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Listing Agent


Perry Gastis | Perry@Bridges8.com
Lic#: 01928103
Broker: Courtesy of Bridges 8 Real Property Sales & Management Inc
Phone: 510-833-8524

Co Listing Agent


Theresa Arrona | theresa@bridges8.com
Lic#: 02257264
Broker: Courtesy of Bridges 8 Real Property Sales & Management Inc
Phone: 510-677-3141

Agent Remarks

Income today, a home of your own tomorrow. 1019 Channing Way delivers $132,982 in gross scheduled income and $92,209 NOI, a 6.61% cap rate at list price, from a lower unit plus an upper level of five individually leased rooms and shared laundry. Berkeley’s 2027 AGA lifts the projected cap rate to 6.85%. The headline, though, is the detached 2+ car garage: reserved for owner use only, not part of any tenancy, and delivered vacant. Under Berkeley Municipal Code Chapter 23.306 a garage may be converted to an ADU within its existing footprint, including nonconformities. Investors get a performing asset with a built in second phase. Owner users get a rare path to creating a private residence at the rear of the lot while the rents carry the property. West Berkeley location steps from San Pablo Avenue, minutes to Fourth Street, Berkeley Bowl West and the freeway. Income and expense summary available. ADU potential to be verified by buyer with City of Berkeley Planning. Shown by appointment; please do not disturb occupants.

Listing Details

Property type: Duplex (Multi-Family)
Status: Active
MLS# 41153313
Price: $1,395,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1905
0.13 acres
Lot size: 0.1263
Subdivision: CENTRAL BERKELEY
County: Alameda
Construction: Stucco
Lot description: Corner Lot
Heating description: Floor Furnace

Last Updated: 11/7/2026

 Days On Market (DOM): 1

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Lat/Long: 37.862780, -122.291548.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Patrick Ahern

Patrick Ahern REALTOR® - Sales Associate 858-220-9001 m
858-459-0501 o
Lic#: 00610408
NRDS ID: 196548265
aherngroup@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 00610408
NRDS ID: 196548265
aherngroup@gmail.com
La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
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