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Sale Pending

$2,395,000

2702 Dana St, Berkeley CA 94705

Berkeley, CA 94705

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5,567 sqft$430/sqft190 days on market

About This Home

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

Facts & Features

Property Type

5 or More Units

Status

Sale Pending

Bedrooms

Bathrooms

Interior

5,567 sqft

Building Sqft

5,567 sqft

Lot Size

15,000 sqft

$/sqft

$430

Year Built

1957

Days on Market

190 days

Listed

Jan 12, 2026

MLS #

41120643

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