2171 Allston Way

Berkeley, CA 94704

$16,800,000
Price
—
Beds
—
Baths
31,802 Sq. Ft.
$528 / Sq. Ft.
31,802
Sq. Ft.
$528
per Sq. Ft.
a view of a city that has tall buildings
a view of a food mall next to a road
a car parked in front of a building
a view of street with parked cars
a view of entryway
a view of a room with wooden floor and window
a view of a bathroom
a bathroom with a sink a toilet and shower
wooden floor in an empty room with a window
a man walking down a street next to a building

Description

Oxford Hall: Premier Mixed-Use Student Housing Opportunity Located across the street from UC Berkeleys main entrance in Downtown Berkeley. This is Rare opportunity to acquire a high-performing asset in Californias most supply-constrained student market, driven by UC Berkeleys 45,000+ students and chronic housing shortages. Key Details Building: ±31,802 SF (±23,072 SF residential + ±8,730 SF commercial) Lot: ±12,250 SF (0.28 acres) 3 stories: Ground-floor retail, residential above 47 units (singles,...Oxford Hall: Premier Mixed-Use Student Housing Opportunity Located across the street from UC Berkeleys main entrance in Downtown Berkeley. This is Rare opportunity to acquire a high-performing asset in Californias most supply-constrained student market, driven by UC Berkeleys 45,000+ students and chronic housing shortages. Key Details Building: ±31,802 SF (±23,072 SF residential + ±8,730 SF commercial) Lot: ±12,250 SF (0.28 acres) 3 stories: Ground-floor retail, residential above 47 units (singles, studios, 1-BR, 2-BR); utilities included, tailored for students/faculty 6 retail suites (tenants: Replica Copy, Alborz Persian Restaurant, Spice, Sumo Roll Sushi, Domingo Property Management; 1 vacant repositioning opportunity) Prime Location Steps from UC Berkeley campus One block to Downtown Berkeley BART Surrounded by 200+ restaurants, shops, theaters, Berkeley Art Museum & Pacific Film Archive exceptional foot traffic Investment Highlights Diversified income: stable student housing + premium retail in vibrant corridor Strong occupancy & rental growth in undersupplied market Excellent long-term appreciation in high-barrier Berkeley market
  1. Listed by Philip Batlin • DRE #01873218 • Brokerage DRE #01240999 • Marcus & Millichap • 415-625-2189
  2. Listed by Sima Talai • DRE #01234532 • Brokerage DRE #00754415 • Berkshire Hathaway-Franciscan

Property Details for 2171 Allston Way

MLS City Name
BERKELEY
Building Type
Other
Garage Spaces
0
Parking Spaces
0
LISTING UPDATED: 01/21/2026 05:50 PM

Property Details for 2171 Allston Way

StatusActive
MLS #ML82032028
Days on Compass7
Taxes$204,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1900
Lot Size0.28 AC / 12,250 SF
CountyAlameda County

Location

Listing Courtesy of Marcus & Millichap, Philip Batlin, DRE #01873218; Berkshire Hathaway-Franciscan, Sima Talai, DRE #01234532
Add your commute

Building Information for 2171 Allston Way

Stories-Residences-Year Built1900Building Size-Lot Size0.28 AC / 12,250 SF

Payment Calculator

$98,880 per month

30 year fixed, 6.15% Interest

Principal and Interest

$81,880

Property Taxes

$17,000

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2171 Allston Way

Features
Features
  • Fireplace: No
  • Living SqFt: 31802
  • Pool: No
  • Security Features: Fire Alarm
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Electric
  • Meters: Master Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 3
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Amenities: Other
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 53
  • Area Text: Berkeley Map Area 7
  • Restrictions: None
  • Roof: Flat / Low Pitch
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 2171
  • Street Name: Allston
  • Street Suffix: Way
  • Area ID: 2307
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 31802
  • Structure SqFt Source: Assessor
  • Age: 126
Development Information
  • Zoning Detail: C-DMU
Location Information
  • Parcel Number: 057-2031-002
  • County Name: Alameda
  • City Name: BERKELEY
  • City Postal ID: 123
  • Postal Code: 94704
  • Elementary School District: 1034
  • High School District Text: Berkeley Unified
Lot Information
  • Foundation: Other
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 47
General Information
  • Annual Tax Amount: $204,000
  • Capitalization Rate: 4.80
  • Tenant Expenses: Other
  • Income Includes: Laundry, Lease
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $32,000
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $45,000
  • Expense Trash: $0
  • Expenses Other: $58,888
  • Expenses Utility: $102,991
  • Expenses Total: $442,879
  • Operating Expenses Include: Maintenance, Services - Trash Removal, Utilities
  • Gross Rent Multiplier: 12.78
  • Income Annual Gross: $1,248,942
  • Income Annual Rental: $1,302,676
  • Income Gross Scheduled: $1,314,676
  • Income Other: $12,000
Unit 1 Information
  • Unit 1 Rent: $1,027
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Rent: $1,592
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $2,236
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,917

Property History for 2171 Allston Way

DateEvent & SourcePriceAppreciation
Jan 22, 2026

Listed (Active)

EBRD #ML82032028

$16,800,000—
Jan 21, 2026

Listed (Active)

MLSListings #ML82032028

$16,800,000—
Oct 31, 2023

Expired

RESFAR #423761068

$20,000,000—
Aug 4, 2023

Listed (Active)

RESFAR #423761068

$20,000,000—
DateEvent & SourcePrice
01/22/2026

Listed (Active)

EBRD #ML82032028

$16,800,000
01/21/2026

Listed (Active)

MLSListings #ML82032028

$16,800,000
10/31/2023

Expired

RESFAR #423761068

$20,000,000
08/04/2023

Listed (Active)

RESFAR #423761068

$20,000,000

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

Public Records for 2171 Allston Way

Taxable ValueLand$1,041,005Additions$1,752,748Total$2,793,753
Tax Record2025$112,955 ($9,413 / month)
Home Facts
Total Finished SqFt31,802 SqFtAbove Grade Finished SqFt31,802 SqFtStories3Lot Size12,250 SqFtStyleOffice BuildingYear Built1900Year Renovated1925CountyALAMEDAAPN57-2031-2

Schools near 2171 Allston Way

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Berkeley Arts Magnet at Whittier School
Public - K to 5
Oxford Elementary School
Public - K to 5
Malcolm X Elementary School
Public - K to 5
Washington Elementary School
Public - K to 5
Rating
School
Distance
Berkeley Arts Magnet at Whittier School
PublicK to 5

Oxford Elementary School
PublicK to 5

Malcolm X Elementary School
PublicK to 5

Washington 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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More information about 2171 Allston Way, Berkeley, CA 94704

2171 Allston Way is for sale in Berkeley, CA 94704. This property was listed for sale on January 21, 2026 by Marcus & Millichap, it's currently listed at $16,800,000. This listing's school district is Berkeley Unified School District. Nearby schools include Berkeley Arts Magnet at Whittier School, Oxford Elementary School and Malcolm X Elementary School. 2171 Allston Way is a 0-bed, 0-bath, 31,802 sqft built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Philip Batlin, DRE #01873218; Berkshire Hathaway-Franciscan, Sima Talai, DRE #01234532

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.