1360 Berkeley Way Immeuble residentiel 19 lots 4 586 090 € (241 373 €/Lot) Taux de capitalisation 6,26 % Berkeley, CA 94702

To access marketing package contact the listing agent.
Open House Schedule
Sunday, Jun 15, 2025 | 12:00NN - 1:30PM
Tuesday, Jun 17, 2025 | 12:00NN - 1:30PM
Saturday, Jun 21, 2025 | 12:00NN - 1:30PM
Thursday, Jun 26, 2025 | 12:00NN - 1:30PM
Prime Location: Just blocks from North Berkeley BART, offering excellent walkability and transit access.
Desirable Unit Mix: 11 one-bedrooms, 7 studios, and 1 two-bedroom penthouse—ideal for a diverse tenant base.
Strong Income: Stabilized asset generating nearly $45,000 in monthly rent with potential for further growth.
Major Capital Improvements: Includes new roof, electrical upgrades, renovated units, new boiler, water heater, dual-pane windows, and exterior paint.
Tenant Appeal: Quiet residential street with close proximity to dining, parks, and cultural landmarks.
Value-Add Potential: Opportunities for interior modernization and operational enhancements to increase income.
High Demand Market: Located in one of Berkeley’s most sought-after neighborhoods with limited housing supply.
Turnkey Investment: A well-maintained, cash-flowing asset in a top-tier East Bay rental market.
1360 Berkeley Way offers a rare opportunity to acquire a well-positioned multifamily property in one of Berkeley’s most desirable neighborhoods. This classic 1920s apartment building features an attractive unit mix and provides both strong in-place income and significant long-term upside potential.
Located just blocks from North Berkeley BART station, the property boasts excellent walkability and access to public transit. Its prime location appeals to a wide tenant base, including students, professionals, and long-term residents.
The building has been well maintained and benefits from substantial recent capital improvements, including a new roof, updated electrical systems, renovated units, new boiler, water heater, dual-pane windows, and fresh exterior paint. Interior modernization and operational upgrades present further value-add potential.
With on-site parking, a quiet residential setting, and proximity to acclaimed dining, parks, and cultural institutions, 1360 Berkeley Way offers strong tenant appeal and consistent occupancy. The current unit mix includes 11 one-bedroom units, 7 studios, and 1 two-bedroom penthouse, generating nearly $45,000 in monthly rental income.
For investors seeking a stabilized asset with upside in one of the East Bay’s highest-demand rental markets, 1360 Berkeley Way stands out as a compelling opportunity.