2535 Hillegass Ave in Berkeley, CA. This South of Campus UC Berkeley property comprises 11 separate rentals across three buildings: a large single family home, a two story cottage, and a cabin. An Owner Occupant can live in the house or the cottage and receive significant rental income from the other units. Amenities include shared laundry facilities and off street parking for additional rental income. Each building is separately metered for PG&E and billed separately for water, with current tenants covering all utilities to help reduce operating expenses for future owners. The well maintained building boasts several updates, including a seismic retrofit, exterior drywall replacement, and upgraded electrical systems. It also features a large backyard with plenty of space for adding an ADU or exploring other value add opportunities. Situated in a prime location in South Berkeley, the property is just a short walk from UC Berkeley and the vibrant coffee shops, restaurants, and transportation options in Downtown Berkeley.