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
© Google
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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
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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 |
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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 |
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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 |
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Price List Price: $2,028,000Price Per Sqft: $262/sqft |
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Direction & Address City: Berkeley |
School Information Elementary School District: BerkeleyUnifiedHigh School District: BerkeleyUnified |
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Building Area Building Area: 6576 |
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Units in Building: 8 |
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Lot Area: 7361.64 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: ExclusiveRightToSellListing Terms: CashorConventionalLoan |
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Lease Term: Month To Month |
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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
| Date | Price | Event | Source |
|---|---|---|---|
| 11/14/2025 | $1,725,000 | Sold | MLSListings Inc #ML82016262 |
| 09/10/2025 | $2,028,000 | Pending | MLSListings Inc #ML82016262 |
| 08/29/2025 | $2,028,000 | Contingent | MLSListings Inc #ML82016262 |
| 07/29/2025 | $2,028,000 | Listed For Sale | MLSListings Inc #ML82016262 |
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.
What Locals Say about Poet's Corner
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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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.
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Off Market Homes Near Ashby Ave
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.

