1019 Channing Way

Property Overview

Income today, a home of your own tomorrow. 1019 Channing Way delivers $132,982 in gross scheduled income and $92,209 NOI, a 6.61% cap rate at list price, from a lower unit plus an upper level of five individually leased rooms and shared laundry. Berkeley’s 2027 AGA lifts the projected cap rate to 6.85%. The headline, though, is the detached 2+ car garage: reserved for owner use only, not part of any tenancy, and delivered vacant. Under Berkeley Municipal Code Chapter 23.306 a garage may be converted to an ADU within its existing footprint, including nonconformities. Investors get a performing asset with a built in second phase. Owner users get a rare path to creating a private residence at the rear of the lot while the rents carry the property. West Berkeley location steps from San Pablo Avenue, minutes to Fourth Street, Berkeley Bowl West and the freeway. Income and expense summary available. ADU potential to be verified by buyer with City of Berkeley Planning. Shown by appointment; please do not disturb occupants.

Home Details

Property type: Residential Income - Duplex
Year built: 1905
Lot size: 5,500 sq ft
Parking: 2 spaces
Days on market: 0
MLS status: Active

Features & Amenities

Lot

Corner Lot

Community, Schools & Utilities

Community

Subdivision: CENTRAL BERKELEY

Utilities

Heating: FloorFurnace

Browse more homes for sale in Berkeley

Location & Neighborhood

Berkeley, CA 94710

Open in Google Maps Open in Apple Maps

Frequently Asked Questions About 1019 Channing Way

Property type: Residential Income

The current asking price is $1,395,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1019 Channing Way. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1905. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Berkeley, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Berkeley property.

The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.