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$4,650,000
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Property Description
Prime student housing investment just blocks from UC Berkeley in Southside. 2741 Dwight Way is a 12-unit property consisting of 2BD/1BA layouts (~750 sq ft each) across a 3-story, 9,078 sq ft building. All units are leased to UC Berkeley students, with turnover expected within 2 years-offering strong repositioning opportunity. Units feature original kitchens and baths, updated flooring, and large living rooms with layout flexibility for conversion to 3BD units with estimated post-renovation rents of up to $4,200/month. The property includes a rare subterranean garage with 15 spaces and potential for ADU conversion. Located on a major corridor with an AC Transit stop at the front door, and walking distance to campus, cafés, and Downtown Berkeley BART. Ideal long-term asset in a proven submarket.
Full Property Details
Full Property Details for 2741 Dwight Way
General
- Sold For: $4,650,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41112410
- Added to Site: 118 day(s) ago
Interior
- Appliances: Dryer
- Flooring: Laminate
Rooms
Other Rooms
- Laundry: Dryer, Laundry Room, Washer, Sink
Exterior
- Exterior Features: Garden
Parking
- Parking Features: Garage
Location
- Area: Listing
- County: Alameda
- Subdivision: Alameda County
- Driving Directions: N on College Av Right Dwight Wy
Heating & Cooling
- Cooling Type: Wall/Window Unit(s), Room Air
- Heating Type: Natural Gas, Wall Furnace, Hot Water
Utilities
- Water: Mutual Water
- Utility Description: Water/Sewer Meter Available, Water/Sewer Meter on Site, Natural Gas Available, Individual Electric Meter
Structural Information
- Exterior Const.: Concrete, Stucco
- Roof: Other, Polyurethane Foam
- Windows: Double Pane Windows
- Living Area: 9,078 Sq. Ft.
- Year Built: 1964
Lot Features
- Lot Size (Acres): 0.15
- Lot Dimensions: 6534
- Lot Features: Back Yard, Garden
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $523
- Terms: None
Disclosures and Reports
- Property ID: 5518675
Listed by Keller Williams Realty, Joey Wang
Sold by Outside Office, Outside Agent
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Schools
Schools serving 2741 Dwight Way
School District:Berkeley Unified School District
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School, Berkeley, CA 2800 Forest Avenue, Berkeley, CA 94705 | K-5 | 0.4 mi |
John Muir Elementary School, Berkeley, CA 2955 Claremont Avenue, Berkeley, CA 94705 | K-5 | 0.7 mi |
Malcolm X Elementary School 1731 Prince Street, Berkeley, CA 94703 | K-5 | 1.5 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 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2741 Dwight Way
Date
Details
Price
Change
Source
12/10/2025
Sold
$4,650,000
-2.11%
MLS
9/22/2025
Listed
$4,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2741 Dwight Way, Berkeley, CA 94704 (MLS# 41112410) is a Commercial Residential Facility property that was sold at $4,650,000 on December 10, 2025. Want to learn more about 2741 Dwight Way? 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.

