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$4,350,000 Just Listed
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Property Description
2360 Ellsworth St sits one block from the UC Berkeley campus edge in South Berkeley, where demand is driven by enrollment. Seven units and twenty six beds, leased by the bed or by the unit, so ownership runs whichever strategy the market rewards. A 6.60% cap and 9.22 GRM going in at 96% bed occupancy, with rents nearly 10% below market. The kicker: the seller is willing to sign a master lease at $452,092 per year, lifting day one returns to a 7.22% cap and 6.76% cash-on-cash with zero leasing risk, and the owner still keeps $24,272 a year of parking and other income. Collect steady, hands-off income or step in and operate for the upside. The heavy lifting is done: $370,531 of capital invested since 2013, seismic retrofit complete, garage parking, common laundry, renovated quartz kitchens. Offered at $4,350,000, $167,308 per bed.
Full Property Details
Full Property Details for 2360 Ellsworth St
General
- Price: $4,350,000
- Status: Active
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41145057
- Updated: 8/17/2026
- Added to Site: 4 day(s) ago
Interior
- Flooring: Laminate, Tile
Rooms
Other Rooms
- Laundry: Laundry Room, In Unit
Additional Information
- Equipment: Other
Parking
- Parking Features: Covered
Location
- Area: Listing
- County: Alameda
- Subdivision: South Berkeley
- Driving Directions: Ellsworth between Durant Ave & Channing Way.
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Exterior Const.: Stucco
- Roof: Flat
- Year Built: 1975
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 3920.4
- Lot Features: Rectangular Lot
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $551
- Terms: None
Listed by Compass, Willem Bos
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Schools
Schools serving 2360 Ellsworth St
School District:Berkeley Unified School District
| Name | Grades | Distance |
|---|---|---|
Sylvia Mendez Elementary 2840 Ellsworth Street, Berkeley, CA 94705 | K-5 | 0.6 mi |
Emerson Elementary School, Berkeley, CA 2800 Forest Avenue, Berkeley, CA 94705 | K-5 | 0.8 mi |
Malcolm X Elementary School 1731 Prince Street, Berkeley, CA 94703 | K-5 | 1.1 mi |
Willard Middle School 2425 Stuart Street, Berkeley, CA 94705 | 6-8 | 0.5 mi |
Berkeley High School 1980 Allston Way, Berkeley, CA 94704 | 9-12 | 0.4 mi |
John Muir Elementary School, Berkeley, CA 2955 Claremont Avenue, Berkeley, CA 94705 | K-5 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2360 Ellsworth St
Date
Details
Price
Change
Source
8/14/2026
Listed
$4,350,000
216.36%
MLS
4/01/2013
Sold
$1,375,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2360 Ellsworth St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$33,053
—
$1,722,604
2%
2025
$33,053
12%
$1,688,837
2%
2024
$29,444
2%
$1,655,729
2%
2023
$28,801
2%
$1,623,266
2%
2022
$28,200
—
$1,591,447
2%
2021
$28,212
4%
$1,560,245
1%
2020
$27,128
8%
$1,547,084
2%
2019
$25,173
2%
$1,513,985
2%
2018
$24,707
4%
$1,484,305
2%
2017
$23,838
4%
$1,455,202
2%
2016
$22,920
1%
$1,426,675
2%
2015
$22,597
-1%
$1,405,252
2%
2014
$22,739
110%
$1,377,726
223%
2013
$10,813
—
$427,119
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2360 Ellsworth St
2360 Ellsworth St, Berkeley, CA 94704 (MLS# 41145057) is a Commercial Residential Facility property. 2360 Ellsworth St is currently listed for $4,350,000 and was received on August 14, 2026. Want to learn more about 2360 Ellsworth St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Berkeley? You can browse all Berkeley real estate or contact a Coldwell Banker agent to request more information.

