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Closed
- Listed price
- $2,100,000
- Listed Oct 4, 2019
- Sold price
- $2,178,000
- Sold Dec 4, 2019
10,195 sqft lot|1957 Built|15 MLS days on market
2875 California St, Berkeley, CA 94703
Property Description
2875 California Street is a ±1957 vintage, eight unit, multifamily property in a strong Berkeley rental market. The building is ±6,024 SF on a ±10,195 SF parcel. All two bedroom units, averaging ±750 SF, with desirable floor plans. Individual PG&E. Gas wall heat and stoves. Separate water meters and heaters. Fully parked. Owned laundry. The 2875 California Street location is in a Berkeley area of strong rental demand. Proximity to BART, freeways and public transit is good. Just 8 minutes, 1.6 miles to Cal. Community retail and services are nearby. Contiguous 1611 Russell Street, 10+ units, is on the market at $2,500,000. Combined, 2875 California and 1611 Russell is 18+ units offered at $4,600,000, equating to $255,556 a unit and a ±5.0% cap rate. Please, see the attached documents for the Offering Memorandum.
Listing agent: RICHARD THOMPSONDRE #00344320richard.thompson@cbre.com, Listing office: CB RICHARD ELLIS
MLS data updated 10/24/2026, 5:11:58 PM PT
Source: CRMLSMLS #: 40884765
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,178,000
Dec 4, 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 94703 · Oct 2026
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ZIP 94703 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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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.
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