About this home

Income today, a home of your own tomorrow. 1019 Channing Way delivers $132,982 in gross scheduled income and $92,209 NOI, a 6.61% cap rate at list price, from a lower unit plus an upper level of five individually leased rooms and shared laundry. Berkeley's 2027 AGA lifts the projected cap rate to 6.85%. The headline, though, is the detached 2+ car garage: reserved for owner use only, not part of any tenancy, and delivered vacant. Under Berkeley Municipal Code Chapter 23.306 a garage may be converted to an ADU within its existing footprint, including nonconformities. Investors get a performing asset with a built in second phase. Owner users get a rare path to creating a private residence at the rear of the lot while the rents carry the property. West Berkeley location steps from San Pablo Avenue, minutes to Fourth Street, Berkeley Bowl West and the freeway. Income and expense summary available. ADU potential to be verified by buyer with City of Berkeley Planning. Shown by appointment; please do not disturb occupants.

Facts and features

Schools

• Rosa Parks Environmental Science Magnet School

  elementary · K-5 · 0.2 mi

  9

• Berkeley High School

  high · 9-12 · 1.2 mi

  9

• Martin Luther King Middle School

  middle · 6-8 · 1.5 mi

  9

• Nia House Learning Center

  elementary · PK-K · 0.2 mi

• Berkeley Arts Magnet at Whittier School

  elementary · K-5 · 1.5 mi

  10

• Via Center

  middle · 7-11 · 0.4 mi

Price history

• Nov 7, 2026 · Listed$1,395,000
• Nov 7, 2026 · Listing Removed$1,395,000
• Nov 4, 2026 · Listed$1,395,000
• May 19, 2023 · Sold$1,685,000
• Mar 16, 2023 · Listed$1,699,950

Tax history

• 2025$29,147 tax · $1,788,121 assessed
• 2024$26,547 tax · $1,753,073 assessed
• 2023$8,678 tax · $248,605 assessed
• 2022$8,400 tax · $243,731 assessed
• 2021$8,342 tax · $238,952 assessed
• 2020$7,581 tax · $236,502 assessed
• 2019$6,944 tax · $231,866 assessed
• 2018$6,755 tax · $227,319 assessed

Home value

$2,393,726

• Quantarium$2,393,726
• Cotality$1,653,600

Where it is