2741 Dwight Way

For Sale

2741 Dwight Way, Berkeley, CA 94704

This Berkeley property for sale is located at 2741 Dwight Way. The current listed sale price for 2741 Dwight Way is $4,750,000.

Contacts

broker
Aziz Khatri

KW Commercial Oakland, CA

broker
Manolito Acebedo

KW Commercial Oakland, CA

Property Details

  • Property Type Multi-Family
  • Property Size 9,087 SF
  • # of Floors 3
  • Parking Spaces Avail. 15
  • Property Tenancy Multi-Tenant
  • Year Built 1964
  • Date Updated Sep 26, 2025

Located just steps from the UC Berkeley campus in the heart of the Southsideneighborhood, 2741 Dwight Way is a rare opportunity to acquire a 12-unit multifamilyasset purpose-built for student housing. This high-demand location sits directly on Dwight Way, a major east–west transit corridor, with an AC Transit stop just outsidethe front door and Fraternity Row just around the corner. With a 90+ Walk Score andeveryday conveniences, cafés, and restaurants nearby, the property appeals to studentsseeking a vibrant, car-light lifestyle close to campus.Built in 1964, the 3-story building features twelve spacious 2-bedroom, 1-bathroomunits (~750 sq ft each) across 9,078 sq ft. The units are fully leased to UC Berkeleystudents, with all leases under two years—providing natural turnover and repositioningopportunity. Interiors retain original kitchens and baths, but flooring has been updated,setting the stage for value-add renovations. Large living rooms offer layout flexibility, withpotential to convert 2BD units into 3BD layouts to drive higher rents. Additional upsideincludes a rare subterranean garage with 15 spaces—ideal for ADU conversion or futureredevelopment. With location, scale, and multiple paths to increase income, this is a truelong-term hold in Berkeley’s most reliable rental submarket

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Getting around

  • 86/100

    Walk Score ®

  • 59/100

    Transit Score ®

  • 76/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Berkeley, CA
  • Neighborhood University of California
  • Zip Code 94704
  • Market Bay Area

Points of Interest

  • Downtown Berkeley

    0.92 miles

  • Ashby

    1.32 miles

  • North Berkeley

    1.80 miles

  • Redwood Valley Railway

    1.87 miles

  • Berkeley

    2.67 miles

  • MacArthur

    2.71 miles

  • Emeryville

    2.81 miles

  • El Cerrito Plaza

    3.60 miles

  • 19th Street BART Street Elevator

    4.19 miles

  • Oakland City Center - 12th Street

    4.46 miles

  • Coast

    0.67 miles

  • Chevron

    0.71 miles

  • Shell

    0.74 miles

  • Telegas

    1.19 miles

  • UC Gas & Food

    1.21 miles

  • #1 Gas

    1.26 miles

  • 76

    1.37 miles

  • eVgo

    2.67 miles

  • Electrify America

    2.76 miles

  • Volta

    2.81 miles

  • Northwest Parking Lot

    0.12 miles

  • Underhill Parking & Field

    0.17 miles

  • Unit 2 Parking Lot

    0.19 miles

  • Southwest Parking Lot

    0.26 miles

  • Anna Head Lot

    0.26 miles

  • Bancroft Hotel Parking

    0.27 miles

  • Prospect Court

    0.28 miles

  • International House Lot

    0.28 miles

  • Bancroft Parking Structure

    0.31 miles

  • Boalt Lot

    0.32 miles

  • Bancroft Hotel

    0.26 miles

  • Graduate by Hilton Berkeley

    0.27 miles

  • Rose Garden Inn

    0.60 miles

  • Berkeley Lab Guest House

    0.69 miles

  • The Claremont Hotel

    0.71 miles

  • Residence Inn by Marriott Berkeley

    0.89 miles

  • Hotel Shattuck Plaza

    0.92 miles

  • Downtown Berkeley Inn

    0.99 miles

  • Downtown Berkeley YMCA Hotel

    1.02 miles

  • Nash Hotel

    1.05 miles

  • Star Grocery

    0.81 miles

  • The Campus Store

    0.82 miles

  • Whole Foods Market

    0.87 miles

  • Target

    0.89 miles

  • Berkeley Bowl

    1.04 miles

  • Safeway

    1.07 miles

  • Trader Joe's

    1.22 miles

  • Andronico's

    1.31 miles

  • Epicurious Garden

    1.32 miles

  • Monterey Market

    1.95 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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