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Closed
- Listed price
- $1,300,000
- Listed Oct 21, 2021
- Sold price
- $1,425,000
- Sold Dec 10, 2021
4,875 sqft lot|1968 Built|22 days listed
2228 Mcgee Ave, Berkeley, CA 94703
Property Description
The price is right when it comes to 2228 McGee Avenue. Listed at $1.3MM, this four-unit, 3,358 square foot property is an astounding bargain given the competitiveness of the local marketplace. Rental upside is a huge bonus with this property (current rents are 45% below the current market value)—as future vacancies emerge, the new owners will be able to pick their own tenants and set their own monthly rates. Each unit follows a two-bedroom, 1-bathroom layout, and, the units are on the larger-side of what’s available in the region. Proximity to key amenities (BART, Ohlone Park, Strawberry Creek Park, Shattuck Avenue, UC Berkeley, etc.) will help 2228 McGee hold (and grow!) its value as a multifamily investment for years to come.
Listing agent: Joey WangDRE #01890931joeywang@kwcommercial.com, Listing office: KELLER WILLIAMS REALTY
MLS data updated 10/19/2026, 9:46:10 AM PT
Source: CRMLSMLS #: 40971771
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,425,000
Dec 10, 2021
Available records22021
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,425,000Closed sale · Dec 10, 2021ZIP 94703 · Dec 2021
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsOct 21, 2021 – Dec 10, 2021
ZIP 94703 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.