1360 Berkeley WAY, Berkeley, CA 94702
1360 Berkeley WAY, Berkeley, CA 94702
1360 Berkeley WAY, Berkeley, CA 94702
1360 Berkeley WAY, Berkeley, CA 94702
1360 Berkeley WAY, Berkeley, CA 94702
1360 Berkeley WAY, Berkeley, CA 94702
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$ 4,990,000
Est. payment | /mo

11,011 SqFt


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$ 4,990,000
Est. payment | /mo
Save

11,011 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,011 sqft

Price per Sqft $453

MLS Listing ID 226051282

HOA Y/N No

Year Built 1928

Lot Size 5,150 Sqft

Acres 0.1182

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

eXp Commercial is pleased to present a stabilized multifamily investment opportunity located in North Berkeley. The property is positioned within close proximity to the North Berkeley BART station, offering convenient access to public transportation, retail, and neighborhood amenities. Constructed in the 1920s, the building features a mix of one-bedroom, studio, and two-bedroom units. Recent capital improvements include a newer roof, updated electrical systems, renovated unit interiors, dual-pane windows, a replaced boiler and water heater, and exterior updates. The property consists of 19 units and generates approximately $45,000 in monthly rental income. The asset has maintained consistent occupancy, supported by ongoing rental demand in the Berkeley market. This offering provides an opportunity for investment in an established rental location with existing income and potential for continued operational improvements.

Location

State CA

County Alameda

Area Berkeley Map Area 4

Direction Univesity to Sacramento to Berkeley

Interior

Heating Radiant, Varies by Unit, Natural Gas

Cooling Varies by Unit

Flooring Varies by Unit

Laundry Other

Exterior

Parking Features None

Utilities Available Sewer Connected & Paid, Electric

Water Access Desc Meter Paid

Building

Lot Description None

Story 3

Foundation Other

Sewer Public Sewer

Water Meter Paid

Schools

Elementary Schools Berkeley Unified

Middle Schools Berkeley Unified

High Schools Berkeley Unified

School District Alameda

Others

Senior Community No

Tax ID 57-2073-17

Special Listing Condition Offer As Is

MetroList® Services, Inc
Listed by Exp Commercial of California, Inc.

NEARBY SCHOOLS & PROPERTIES

Kelly Pleasant

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1360 Berkeley WAY