$4,495,000

Multi Family In Berkeley

  • 12,832 Sqft
  • 15,240 Sqft lot
  • Updated: October 17
  • Source:
    bridgeMLS  MLS#ML82064817

About the Property

Rare 21-Unit Value-Add Opportunity in the Heart of Berkeley! Located just minutes from UC Berkeley, downtown Berkeley, and major East Bay transit, this 12,832 SF multifamily asset sits on a generous 0.35-acre lot and features a desirable unit mix of studios, one-bedrooms, and two-bedrooms. Current rents sit meaningfully below market, offering an investor significant upside through lease-up and ope
Rare 21-Unit Value-Add Opportunity in the Heart of Berkeley! Located just minutes from UC Berkeley, downtown Berkeley, and major East Bay transit, this 12,832 SF multifamily asset sits on a generous 0.35-acre lot and features a desirable unit mix of studios, one-bedrooms, and two-bedrooms. Current rents sit meaningfully below market, offering an investor significant upside through lease-up and operational optimization. Individually metered electric and gas, carport parking, recent seismic retrofit, and a low-turnover tenant base round out this well-positioned offering in one of the East Bay’s most supply-constrained and durable rental markets. Priced at $4,495,000 ($214k/unit), don’t miss this chance to acquire a well-located asset with huge upside potential.
…
  • Property type

    Other

  • Year built

    1963

  • Price/sqft

    $350

Features

  • Pool
  • Investment Property
  • Gas Stovetop
  • Balcony
  • Parking
  • Stone Countertops

Explore the Area

1626 Dwight Way, Berkeley, California, United States View on Google Maps
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Marcus & Millichap

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Marcus & Millichap
California, United States
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56
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2025
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Marcus & Millichap
California, United States
View agency profile
Last updated
October 17
First listed
October 17
Listing reference
ML82064817
Listing status
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