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Rare investment opportunity on iconic College Avenue in Berkeley. This expansive single-family property features specialized use potential and flexible living configurations ideal for investors, owner-occupants, or income-focused buyers. The main residence offers four bedrooms, two bathrooms, oversized living spaces, basement access, and multiple generously sized bedrooms. Two rooms share access to a private patio deck, creating additional outdoor appeal. A separate section of the property includes seven additional bedrooms — six located on the upper level — along with two kitchens, two bathrooms, and attic access, offering versatile occupancy and layout possibilities. The property also features an attached art studio with a private entrance and dedicated bathroom. Currently operated in a manner similar to single-room occupancy (SRO) use, the property presents multiple potential income-producing opportunities, subject to buyer verification and local regulations. Possible uses may include owner-occupancy with supplemental rental income or maximizing rental potential across multiple sections. Conveniently located near shops, dining, transit, and neighborhood amenities, this property offers strong long-term investment potential. Property could benefit from and may require updates and improvements, providing an opportunity to increase ROI. Buyer to investigate and verify permit status, bedroom and bathroom count, and square footage of all living areas to their satisfaction.Buyer to verify current occupancy, rents, tenancy, lease, and expenses to their satisfaction. Property is exempt from BESO as an REO per BESO. Pending exemption certification.
Listing agent: Ashley Monasmith DRE #01907449 capropertyexecutives@fastmail.com, Listing office: Monasmith Real Estate
MLS data updated 10/21/2026, 4:09:51 AM PT
Source: CRMLS, MLS #: 41135230
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 21, 2026
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
$1,799,950Asking price recorded · Sep 21, 2026ZIP 94704 · Sep 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.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.
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.