1360 Berkeley Way Active

Berkeley,CA 94702

$ 4990000

- Bed

0 Bath

11011 SqFt


Key Details

Property Type Commercial

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 41100770

HOA Y/N No

Year Built 1929

Lot Size 5,150 Sqft

Acres 0.11

Property Sub-Type 5 or More Units

Property Description

Priced to sell! To access marketing package copy/paste: https://bit.ly/kitehillre. 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. 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.

Location

State CA

County Alameda

Rooms

Basement Storage Space

Interior

Interior Features Updated Kitchen

Heating None

Cooling None

Flooring Hardwood Flrs Throughout

Fireplace No

Laundry Laundry Room

Exterior

Utilities Available No Water/Sewer

Total Parking Spaces 2

Building

Lot Description Rectangular Lot

Sewer None

Water None

New Construction No

Others

Tax ID 57207317

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