939 Channing way 6 Unit Apartment Building $1,150,000 ($191,667/Unit) 6.47% Cap Rate Berkeley, CA 94710

939 Channing Way in Berkeley, CA, presents a rare opportunity for investors seeking a well-maintained
asset in a great location. The property comprises one upgraded studio unit and five
one-bedroom units, each thoughtfully renovated to provide modern amenities with high-quality
finishes. These upgrades ensure that the property remains competitive in the rental market.
Berkeley is widely recognized as one of the most desirable locations in the San Francisco Bay
Area. Known for its vibrant culture, world-class educational institutions, and thriving culinary and
arts scenes, Berkeley attracts a diverse population of students, professionals, and families. The
city’s proximity to major tech hubs, excellent public transportation, and scenic outdoor spaces
only add to its allure. This demand for housing in Berkeley continues to drive rental prices upward,
making it a prime location for real estate investment.
The property’s location in such a coveted area significantly enhances its value and investment
potential. With Berkeley’s strong rental demand and limited housing supply, this property is
well-positioned to provide consistent returns. Its desirable location, combined with the recent
upgrades and superior parking amenities, ensures that it will remain attractive to tenants for
years to come, offering investors both stability and growth in a competitive market.