Ashby Ave, Berkeley, CA 94702
SOLD
NOV 14, 2025

Ashby Ave
Berkeley, CA 94702

Poet's Corner
  • 4 Beds
  • 2 Baths
  • 6,576 sqft

$1,725,000

Last Sold: Nov 14, 2025
15% below list $2.03M
$262/sqft
Est. Refi. Payment $10,561/mo*

$1,725,000

Last Sold: Nov 14, 2025
15% below list $2.03M
$262/sqft
Est. Refi. Payment $10,561/mo*
4 Beds
2 Baths
6,576 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Marcus & Millichap is pleased to present 1327 Ashby Avenue, an eight-unit multifamily complex located in the heart of Berkeley, CA. Originally developed and held by the same family since 1961, this asset offers a rare opportunity to acquire a well-maintained, legacy-owned property. The unit mix consists of eight spacious 2-bedroom/1-bathroom floor plans, offering strong tenant appeal and long-term rental upside. The asset has recently undergone substantial capital improvements, including brand new roofs on both buildings, fresh exterior paint, all new dual-pane windows, updated gutters and drainpipes, and a fully replaced sewer line. Interior upgrades include new appliances, flooring, cabinetry, and modern lighting throughout the units. Priced at a 6.50% CAP rate and 9.78 GRM on current rents, 1327 Ashby Avenue offers an attractive in-place yield and qualifies for strong bank financing making this a rare opportunity for investors seeking stability and upside in one of the East Bay's most desirable rental markets.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 30, 2026

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$262/sqft
Listed
180+ days ago

Home Details for Ashby Ave

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2
Dimensions and Layout
Living Area: 6576 Square Feet
Appliances & Utilities
Utilities: Propane, Public Utilities, Water PublicAppliances: Washer/Dryer Some Units
Heating & Cooling
Heating: GasAir Conditioning: NoneHeating Fuel: Gas
Gas & Electric
Gas: PropaneOnSite, PublicUtilities
Levels, Entrance, & Accessibility
Accessibility: Parking

Exterior Features

Exterior Home Features
Roof: Rolled Hot MopFoundation: Slab
Parking & Garage
Number of Garage Spaces: 8Number of Covered Spaces: 8Has a CarportHas a GarageParking Spaces: 8Parking: Assigned,Covered,Off Street
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Five Or More Units, Residential Income
Property Information
Included in Sale: OvenRangeAllUnitsParcel Number: 531623141

Price & Status

Price
List Price: $2,028,000Price Per Sqft: $262/sqft

Location

Direction & Address
City: Berkeley
School Information
Elementary School District: BerkeleyUnifiedHigh School District: BerkeleyUnified

Building

Building Area
Building Area: 6576

Community

Units in Building: 8

Lot Information

Lot Area: 7361.64 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSellListing Terms: CashorConventionalLoan

Rental Terms, Policies & Fees

Lease Term: Month To Month

Miscellaneous

Mls Number: ML82016262
Last check for updates: about 3 hours ago
Listed by Eymon Binesh 02060059, (650) 546-1030
Marcus & Millichap, (650) 391-1700
Bought with: Eymon Binesh 02060059, (650) 546-1030, Marcus & Millichap, (650) 391-1700
Source: MLSListings Inc, MLS#ML82016262

Price History for Ashby Ave

DatePriceEventSource
11/14/2025$1,725,000Sold
MLSListings Inc #ML82016262
09/10/2025$2,028,000PendingMLSListings Inc #ML82016262
08/29/2025$2,028,000ContingentMLSListings Inc #ML82016262
07/29/2025$2,028,000Listed For SaleMLSListings Inc #ML82016262
Skip to last item
  • Results are loading
Skip to first item

Comparable Sales for Ashby Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.20
Multi-Family Home
$1,685,000
03/25/26
6
3
2,636
0.26
Multi-Family Home
$1,230,000
06/16/25
2
2
1,604
0.36
Multi-Family Home
$2,100,000
09/29/25
5
3
2,177
0.65
Multi-Family Home
$2,525,000
04/17/26
5
3
10,330
0.32
Multi-Family Home
$1,030,000
01/14/26
3
2
1,652

Assigned Schools

These are the assigned schools for Ashby Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Poet's Corner

  • Trulia User
    "I lived here over ten years ago, and the neighborhood is even better today. Local stores, restaurants, and green-space is perfect. Plus, just a short walk to aquatic park. "
  • Bahareh J.
    "Convinient, regular bus transportation and 20 walk to bart station. Gig cars are allowed to park and .."
  • Davidhubbard45
    "Commuting is easy in this neighborhood. So many options to choose from. Bus, Bart, Bicycle, Carpool. "
  • Davidhubbard45
    "Street block parties, community earthquake training, cafes and restaurants, events in Strawberry Creek Park. "
  • Lauraeinowski
    "I ride my bike on bike Blvd or a bike path. I don’t like driving in this area because it’s connected to so many arterial streets. It’s generally pretty congested. "
  • Notcyndi
    "There are no speeding cars and n the neighborhood & ample street parking available. Street cleaning only 2x/mo on weekdays after 9a. "
  • Notcyndi
    "Charming bungalow. Many friendly families with young children, as well as many bikers & dog walkers in Poets Corner."
  • Notcyndi
    "Foot traffic, sidewalks, & charm. Street parking available. Street cleaning 2x/mo. Family & professionals friendly."
  • Notcyndi
    "Poets Corner is filled with darling Craftsmen style homes & a few “dwell” modern style remodels & fences."

LGBTQ Local Legal Protections

Homes for sale near Ashby Ave

Skip to last item
Skip to first item
Based on information from the MLSListings MLS as of 2026-05-18 20:41:42 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Homes for rent near Ashby Ave

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near Ashby Ave

Skip to last item
Skip to first item

Explore by feature

Ashby Ave, Berkeley, CA 94702 is a 4 bedroom, 2 bathroom, 6,576 sqft multi-family built in 1961. Ashby Ave is located in Poet's Corner, Berkeley. This property is not currently available for sale. Ashby Ave was last sold on Nov 14, 2025 for $1,725,000 (15% lower than the asking price of $2,028,000). The current Trulia Estimate for Ashby Ave is $1,691,500.