Prime student housing investment just blocks from UC Berkeley in Southside. 2741 Dwight Way is a 12-unit property consisting of 2BD/1BA layouts (~750 sq ft each) across a 3-story, 9,078 sq ft building. All units are leased to UC Berkeley students, with turnover expected within 2 years—offering strong repositioning opportunity. Units feature original kitchens and baths, updated flooring, and large living rooms with layout flexibility for conversion to 3BD units with estimated post-renovation rents of up to $4,200/month. The property includes a rare subterranean garage with 15 spaces and potential for ADU conversion. Located on a major corridor with an AC Transit stop at the front door, and walking distance to campus, cafés, and Downtown Berkeley BART. Ideal long-term asset in a proven submarket.
6,440 Sq Ft Lot Size
Investment
Built in 1964
MLS/Listing ID 41112410
12 Units
Heating - Natural Gas
Heating - Wall Furnace
Foam
Gas Water Heater
Cooling - Wall/window unit(s)
Construction - Stucco
Construction - Concrete
Dryer
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE