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Closed
- Listed price
- $1,500,000
- Listed Apr 24, 2019
- Sold price
- $1,470,000
- Sold Aug 6, 2019
4,311 sqft lot|1921 Built|19 days listed
2455 Bonar St, Berkeley, CA 94702
Property Description
Karbassi Multifamily Group is delighted to present to new or seasoned investors this eclectic and elegant 8 unit Santa Fe design apartment building in Poet's Corner district of Berkeley.The building grosses about $131k per annum,all studios, washer & dryer owned, low maintenance traditionally, easy to self-manage, 30+% potential upside, possibly 3 storage spaces may be added to studios above for additional sqft (check with City), no off-street parking with ample street parking; 5 min bike ride to N Berkeley BART & 4th St downtown, 5 min drive to hwy 80 for a 20 min commute to downtown SF. 15 min bike ride to campus, 3 min walk to transit to take you to campus. These units get rented back to back no matter the time of the year and demand top $$$. The owner has not obtained any reports. Building is being sold in its AS-IS and where is condition. Owned by same owner 30+ yrs.
Listing agent: PEDRAM KARBASSIDRE #01351640pedram@eliteinvests.com, Listing office: BAY'S ELITE INVESTMENTS
MLS data updated 10/19/2026, 11:22:54 PM PT
Source: CRMLSMLS #: 40862398
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,470,000
Aug 6, 2019
Available records22019
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 94702 · Oct 2026
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 · 0 price recordsNo records in this period
ZIP 94702 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.
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MLS records may be incomplete. Earlier asking prices are not sale prices.