2537 Ellsworth St

Berkeley, CA 94704

$5,195,000
Price
—
Beds
—
Baths
8,244 Sq. Ft.
$630 / Sq. Ft.
8,244
Sq. Ft.
$630
per Sq. Ft.
Listed By Compass
Listed By Compass
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Description

2537 Ellsworth Street represents a fully renovated nine-unit apartment building located just blocks from UC Berkeley. Offered at $5.195m, this asset has benefited from more than $825,000+ in recent (2024) permitted capital improvements, including seven (7) down-to-the-studs unit remodels, new windows, new roof, a secured parking gate, upgraded electrical panels, and fresh interior and exterior paint and finishes. The property features seven (7) spacious 3-BR/2-BA units and two (2) 3-BR/1.5-BA units,...2537 Ellsworth Street represents a fully renovated nine-unit apartment building located just blocks from UC Berkeley. Offered at $5.195m, this asset has benefited from more than $825,000+ in recent (2024) permitted capital improvements, including seven (7) down-to-the-studs unit remodels, new windows, new roof, a secured parking gate, upgraded electrical panels, and fresh interior and exterior paint and finishes. The property features seven (7) spacious 3-BR/2-BA units and two (2) 3-BR/1.5-BA units, all recently updated with modern finishes and high-quality improvements. This building has a gross building area of 8,244 square feet and offers ten (10) garage parking spaces which bring an additional $1,025/month in gross income. It is off the soft-story list, and has passed sewer lateral and SB-721 inspections. This investment provides both stability and upside, with a current cap rate of 6.21% and a current GRM of 10.63. Tenants enjoy walkability to UC Berkeley, Telegraph Avenue, restaurants, cafés, and shopping, as well as easy access to BART and AC Transit. With its prime location, strong occupancy history, and extensive renovations, 2537 Ellsworth Street represents an outstanding opportunity for investors seeking a pride-of-ownership investment.

Property Details for 2537 Ellsworth Street

City
BERKELEY
Dist Neighborhood Subdiv
ALAMEDA COUNTY
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Underground Parking
Total # Parking Spaces
10
LISTING UPDATED: 10/10/2025 01:24 AM

Property Details for 2537 Ellsworth Street

StatusActive
MLS #41113741
Days on Compass64
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1965
Lot Size0.13 AC / 5,716 SF
CountyAlameda County

Location

Listing Courtesy of Compass, Willem Bos, DRE #02013980; Compass, Nate Gustavson, DRE #01898316
Add your commute

Building Information for 2537 Ellsworth Street

Stories-Residences9Year Built1965Building Size-Lot Size0.13 AC / 5,716 SF

Payment Calculator

$29,706 per month

30 year fixed, 6.28% Interest

Principal and Interest

$25,670

Property Taxes

$4,036

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2537 Ellsworth Street

Features
Feature Details
  • Flooring: Other
Utility Details
  • Cooling: Other
  • Heating: Gas
  • Water/Sewer: Water District
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Level
  • Lot Sq Ft Apx: 5716
  • Lot Size Square Feet: 5716.0
  • Roof: Other
  • Sq Ft Apx: 8244
  • Year Built: 1965
Location Details
  • Directions to Property: Between Blake and Parker
  • FIPS Code: 06001
  • Census Tract: 06001423
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 9
  • Basement: None
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 9
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 3
  • Unit # 1 # of Bathrooms: 2
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • On Site Parking Description: Below Ground Parking
Income / Expense Details
  • Gross Income: $488,710
  • Gross Rent Multiplier: 10.63
  • Net Operating Income: $322,451
Other Financial Information
  • Cap Rate: 6.21
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2537 Ellsworth Street

DateEvent & SourcePriceAppreciation
Oct 3, 2025

Listed (Active)

MLSListings #EB41113741

$5,195,000—
Oct 3, 2025

Listed (Active)

EBRD #41113741

$5,195,000—
Jun 26, 2025

Withdrawn

MLSListings #MR41084589

$5,525,000—
Jun 26, 2025

Withdrawn

EBRD #41084589

—
Mar 24, 2025

Price Change

MLSListings #MR41084589

$5,525,000—
Mar 24, 2025

Price Change

EBRD #41084589

$5,525,000—
Feb 3, 2025

Listed (Active)

MLSListings #MR41084589

$5,675,000—
Feb 3, 2025

Listed (Active)

EBRD #41084589

$5,675,000—
Apr 17, 2023

Sold (Public Record)

Public Record #1511456323

$2,300,000—
DateEvent & SourcePrice
10/03/2025

Listed (Active)

MLSListings #EB41113741

$5,195,000
10/03/2025

Listed (Active)

EBRD #41113741

$5,195,000
06/26/2025

Withdrawn

MLSListings #MR41084589

$5,525,000
06/26/2025

Withdrawn

EBRD #41084589

—
03/24/2025

Price Change

MLSListings #MR41084589

$5,525,000
03/24/2025

Price Change

EBRD #41084589

$5,525,000
02/03/2025

Listed (Active)

MLSListings #MR41084589

$5,675,000
02/03/2025

Listed (Active)

EBRD #41084589

$5,675,000
04/17/2023

Sold (Public Record)

Public Record #1511456323

$2,300,000

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

Public Records for 2537 Ellsworth Street

Taxable ValueLand$1,123,632Additions$1,318,666Total$2,442,298
Tax Record2025$48,428 ($4,036 / month)
Home Facts
Total Finished SqFt8,244 SqFtAbove Grade Finished SqFt8,244 SqFtStories3Lot Size5,716 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountyALAMEDAAPN55-1832-17

Schools near 2537 Ellsworth Street

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Malcolm X Elementary School
Public - K to 5
John Muir Elementary School
Public - K to 5
Emerson Elementary School
Public - K to 5
Willard Middle School
Public - 6 to 8
Rating
School
Distance
Malcolm X Elementary School
PublicK to 5

John Muir Elementary School
PublicK to 5

Emerson Elementary School
PublicK to 5

Willard Middle School
Public6 to 8

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 2537 Ellsworth Street, Berkeley, CA 94704

2537 Ellsworth Street is a multi-family home for sale in Berkeley, CA 94704. This property was listed for sale on October 3, 2025 by Compass, it's currently listed at $5,195,000. It has been on the market for a total of 64 days and was last sold on April 17, 2023. This listing's school district is Berkeley Unified School District. Nearby schools include Malcolm X Elementary School, John Muir Elementary School and Emerson Elementary School. 2537 Ellsworth Street is a 0-bed, 0-bath, 8,244 sqft multi-family home built in 1965.

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 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 Compass, Willem Bos, DRE #02013980; Compass, Nate Gustavson, DRE #01898316

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.