2702 Dana St, Berkeley, CA 94705

$2,250,000

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Listed by Willem Bos, (916) 698-9954 from COMPASS
(If provided) CoList: from

Sold listing courtesy of OUT OF AREA OUT from OBBOUT

Sold Price
$2,250,000
List Price
$2,395,000
Closing Date
Jul 28, 2026
MLS#
EB41120643
Status
SOLD
Lot Size
15,000
Listing Area
Berkeley Map Area 9
Year Built
1957

Property Description

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

Additional Information

Acres
0.34
Amenities
Other
Cooling System
Central -1 Zone
Floor Covering
Carpet - Wall to Wall, Wood
Garage Parking
Attached Garage, Off-Site Parking
Heating System
Forced Air
Lot Description
Other
Lot Size
15,000
Neighborhood
Berkeley Map Area 9
Numberof Units
6
Roof
30
Unincorporated Yn
Yes

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