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Cap Rate - 4.11% (Current) | GRM – 10.39 (Current) Cap Rate – 6.08% (Proforma) | GRM – 9.20 (Proforma) We proudly present 2925 Mabel St in Berkeley, CA for sale. The multifamily asset features seven (7) total units across two separate buildings: a classic Victorian-style residence and a separate fourplex in the rear. The Victorian residence was converted into three (3) units, including a 3 bed / 2 bath and two (2) studios, while the fourplex is comprised of four (4) 1 bed / 1 bath units. A new driveway, new electric subpanels in the Victorian, completed sewer lateral, and SB 721 balcony clearance are some of the recent capital improvements. The property allows for multiple value-add strategies. The Victorian residence - which can be delivered vacant - can be converted back into a single-family home, or there is a potential for a lot split allowing the sale of the two buildings independently. Separate meters for electric and gas, and each building has separate water meters (2 in total). Located in Southwest Berkeley, the property is under one (1) mile from Ashby BART or quick access to Highway 80, allowing easy connections to Oakland, San Francisco, and the surrounding East Bay. A short distance to both UC Berkeley and Emeryville activities, the surrounding area offers an abundance of restaurants and shopping.

Highlights

  • Residential Income
  • Multi Family
  • Built in 1889
  • 0.3 Acre Lot
  • 109 days on Market

  • Year Built
    1889
  • Construction Materials
    Wood Siding, Frame, Stucco
  • Parking Features
    Side By Side, Parking Lot
  • Living Area
    4633.0
  • Flooring
    Other
  • Cooling
    Other
  • Heating
    Wall Furnace
  • Basement
    None

  • Acres
    0.3
  • Lot Features
    Level, Rectangular Lot


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Frequently Asked Questions

How do I schedule a tour of 2925 Mabel St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 2925 Mabel St.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 2925 Mabel St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,600,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Berkeley, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 2925 Mabel St?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 2925 Mabel St at around $8,675. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 2925 Mabel St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Alameda County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 2925 Mabel St?

In most cases, yes. Whether 2925 Mabel St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Berkeley's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 2925 Mabel St?

We can handle that for you. Our preferred local agent specializes in residential incomes in Berkeley and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,600,000 with 4,633 sqft of space—that comes out to approximately $345 per square foot.

How long has this property been on the market?

2925 Mabel St was listed on July 22, 2026, which means it's been on the market for 109 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1889, making it approximately 137 years old.

What is the lot size of this property?

2925 Mabel St sits on a 0.3-acre lot, which is 13,068 square feet.

Is 2925 Mabel St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 08, 2026 at 12:56AM.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.