Under contract

2702 Dana St, Berkeley, CA 94705

Sqft
5,567

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCompass
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Overview

2702 Dana Street presents a rare opportunity to create high-demand student housing in one of Berkeley’s strongest rental corridors. The property is currently configured as three duplexes; one detached and two conjoined duplexes with a large central common area, allowing for an efficient dorm-style layout. The conjoined duplexes include eight offices that can be converted into bedrooms, with potential for two beds per room. Four kitchens and four bathrooms already exist, supporting a two-bedroom per kitchen and bath configuration. The large common area is ideal for shared amenities such as a dining room, study lounge, or social space, which can further enhance rental appeal. Nearby student housing achieves approximately $1,800 per bed, while this property is underwritten at lower levels, creating upside through repositioning. Situated on an approximately 15,000 square foot lot, the property also offers excess land for potential ADU development or future income opportunities, subject to buyer verification. 2702 Dana Street offers a compelling combination of location, scale, parking, and flexibility for investors seeking strong long term returns. Buyer to verify all development and conversion potential. Financials based on conversion numbers

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
5,567
Lot size (acres)
0.34
Year built
1957

Utilities

Heating
Forced Air
Cooling
Central Air

Public schools

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Sourced from: Bay East Association of REALTORS MLS®#: 41120643 Last checked:

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