Property Overview:
2014 Channing Way is a multi-family Victorian building in Downtown Berkeley, CA, built in 1893. The property consists of 6 units: 4 studios and 2 two-bedroom, one-bath apartments, totaling 3,699 sq. ft. of living space. Each unit is newly remodeled and fully furnished, with private off-street parking. The building features a magical garden and is located in the 94704 ZIP Code within the Berkeley Unified attendance zone.
Neighborhood Highlights:
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Population & Demographics:
- Community population: 23,741 (20.9% growth since 2000)
- 24.7% families with children
- Largest age group: 20-24 years (45.95%)
- Second-largest: 15-19 years (22.16%)
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Crime Rate:
- Personal crime risk: 8.2% (lower than state average of 11.8%)
- Property crime risk: 5.9% (lower than state average of 10.8%)
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Schools:
- Nearby: Berkeley High, Washington Elementary, Willard Middle
- Average SAT score: 1112 (higher than state average of 975)
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Job Market:
- 70.8% white-collar jobs, 29.3% blue-collar jobs
- Unemployment rate: 4.6% (lower than state average of 4.7%)
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk
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Weather:
- Average temperature: 44.1°F (January), 74.8°F (July)
- Average rainfall: 30.0 inches/year
- Average snowfall: 0 inches/year
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Cost of Living:
- Median household income: $42,192
- Average annual spending: $38,324
Property Features:
- Newly remodeled & fully furnished units
- 2-bedroom, 1-bath units in a charming Victorian 6-plex
- Private off-street parking for each unit
- High-speed internet and all utilities included in rent
- Magical garden and outdoor living spaces
- Walking/biking score: 95-97 (walker’s paradise)
- Centrally located: Steps to BART, AC Transit, shops, restaurants, and entertainment
- Blocks from UC Berkeley—ideal for students, faculty, and professionals
Investment & Location Benefits:
- Stable investment in a market with strong rental demand and low vacancy rates
- Consistent influx of students, faculty, and professionals ensures reliable occupancy
- Prime location near Downtown Berkeley’s transit, dining, and retail hubs
- Limited housing supply supports steady rent growth and long-term appreciation
- Dependable cash flow and sustained value in a high-performing Bay Area rental market
- Easy access to UC Berkeley, Telegraph Avenue, People’s Park, Berkeley Art Museum, and more
- Excellent connectivity to San Francisco and the greater Bay Area via BART
Rent Comparison:
- Compare the rent for this listing with the average rent in Berkeley to assess value and market competitiveness.