1039 Channing Way

Baths
2,730 Sq. Ft.
$549 / Sq. Ft.
2,730
Sq. Ft.
$549
per Sq. Ft.

Description

To access the marketing package copy/paste: https://bit.ly/kitehillre. This exceptional Southwest Berkeley property offers a highly desirable unit mix consisting of one 2BD/1BA, one 1BD/1BA with office, one 1BD/1BA, and a private detached 1BD/1BA cottage. The layout provides flexibility for both investors and owner-users, with two units delivered vacant, allowing for immediate occupancy or repositioning. The property generates strong in-place income of $12,095 per month est (including RUBS), translating...To access the marketing package copy/paste: https://bit.ly/kitehillre. This exceptional Southwest Berkeley property offers a highly desirable unit mix consisting of one 2BD/1BA, one 1BD/1BA with office, one 1BD/1BA, and a private detached 1BD/1BA cottage. The layout provides flexibility for both investors and owner-users, with two units delivered vacant, allowing for immediate occupancy or repositioning. The property generates strong in-place income of $12,095 per month est (including RUBS), translating to an attractive 6.43% cap rate and 10.68 GRM. With quality renovations already completed and stable cash flow in place, the asset offers both current income and long-term appreciation potential in one of Berkeley’s most sought-after neighborhoods. All units have been fully remodeled and the property has undergone a completed seismic retrofit, along with upgrades to central heating, plumbing, and electrical systems. A new boiler further enhances operational efficiency and minimizes near-term capital expenditure concerns. Residents enjoy secure and well-maintained amenities, including coded gate and individual unit entry, on-site laundry facilities, bicycle storage, and a one-car garage.
  1. Listed by Jatin Mehta • DRE #02045713 • Kite Hill Real Estate

Property Details for 1039 Channing Way

City
BERKELEY
Dist Neighborhood Subdiv
BERKELEY
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Tandem Parking
Park Spaces Total
1
Total # Parking Spaces
1
LISTING CLOSED: 04/16/2026 12:00 AM

Property Details for 1039 Channing Way

StatusSold
MLS #41123157
Days on Compass39
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1927
Lot Size0.09 AC / 4,000 SF
CountyAlameda County

Location

Listing Courtesy of Kite Hill Real Estate, Jatin Mehta, DRE #02045713

Sold By Andersen, Jung & Co, Monica Chung, DRE #01079185

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Building Information for 1039 Channing Way

Stories-Residences4Year Built1927Building Size-Lot Size0.09 AC / 4,000 SF

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OriginPoint Mortgage or Rocket Mortgage1

$9,531 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,475

Property Taxes

$2,056

HOA Dues

$0

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Property Information for 1039 Channing Way

Features
Feature Details
  • Flooring: Wood
Utility Details
  • Cooling: Other
  • Heating: Gas
Lot / Property Details
Property Details
  • Additional Equipment: Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: RectangularLot, Paved
  • Lot Sq Ft Apx: 4000
  • Lot Size Square Feet: 4000.0
  • Roof: Other
  • Sq Ft Apx: 2730
  • Yard Description: Fenced
  • Year Built: 1927
  • Acres: 0.09
Location Details
  • FIPS Code: 06001
  • Parcel Number: 56-1933-19
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Miscellaneous Features: Cable TV, Wired For
  • Parking Description: Tandem Parking
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: None
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Income / Expense Details
  • Operating Expenses: Insurance, Maintenance/Repair, Property Tax/Assessments, Utilities
Unit 1 Details
  • Unit #/Address - 1: 1037
  • Occupied By 1: Tenant
  • Dining Room 1: Yes
  • Air Cond 1: No
  • Fireplace 1: No
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 1
  • Bathrooms 1: 1
  • Apx Sq Ft 1: 710
  • Rent 1: 2,750
Unit 2 Details
  • Unit #/Address - 2: 1037 1/2
  • Occupied By 2: Vacant
  • Dining Room 2: Yes
  • Air Cond 2: No
  • Fireplace 2: No
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 1+
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 710
  • Rent 2: 3500
Unit 3 Details
  • Unit #/Address - 3: 1039 1/2
  • Occupied By 3: Tenant
  • Dining Room 3: Yes
  • Air Cond 3: No
  • Fireplace 3: No
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 350
  • Rent 3: 2,000
Unit 4 Details
  • Unit #/Address - 4: 1039
  • Occupied By 4: Vacant
  • Dining Room 4: Yes
  • Air Cond 4: No
  • Fireplace 4: No
  • Refrigerator 4: Yes
  • Range/Oven 4: Yes
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Apx Sq Ft 4: 900
  • Rent 4: 3,500
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Cable TV, Wired For
Additional Information
Additional Information
  • Fireplace: No

Property History for 1039 Channing Way

DateEvent & SourcePriceAppreciation
Apr 16, 2026

Sold

MLSListings #EB41123157

$1,500,000
Apr 16, 2026

Sold

EBRD #41123157

$1,500,000
Apr 13, 2026

Sold (Public Record)

Public Record #1938578027

$1,021,428

-9.0% / yr

DateEvent & SourcePrice
04/16/2026

Sold

MLSListings #EB41123157

$1,500,000
04/16/2026

Sold

EBRD #41123157

$1,500,000
04/13/2026

Sold (Public Record)

Public Record #1938578027

$1,021,428

-9.0% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1039 Channing Way

Taxable ValueLand$473,401Additions$1,104,603Total$1,578,004
Tax Record2025$24,671 ($2,056 / month)
Home Facts
Total Finished SqFt2,304 SqFtAbove Grade Finished SqFt2,304 SqFtStories2Lot Size4,000 SqFtStyleTriplexYear Built1927CountyALAMEDAAPN56-1933-19

Schools near 1039 Channing Way

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Ruth Acty Elementary
PublicK to 5

Berkeley Arts Magnet at Whittier School
PublicK to 5

Thousand Oaks Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kite Hill Real Estate, Jatin Mehta, DRE #02045713

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.