Description
Proud to present 1827 berkely way, berkeley, ca—a prime multifamily investment opportunity in the city of berkeley. located at 1827 berkeley way, this fully occupied 9-unit apartment building offers a rare opportunity to own a turnkey asset in one of berkeley’s most sought-after locations. just three blocks from uc berkeley and directly across the street from trader joe’s, the property features a desirable mix of (3) 1 bed 1 bath & (6) studios units. all units have been thoughtfully renovated over the years, ensuring strong tenant demand and minimal deferred maintenance. the property boasts a solid 5.24% cap rate and an 11.69 grm, making it an ideal addition to any investor’s portfolio. this is a stabilized, income-producing asset in a prime walkable location, surrounded by amenities, transit, and consistent rental demand. as an added benefit, the seller is offering attractive financing—carrying a 5% interest-only note for 3 to 5 years with a 35% down payment—providing flexibility and ease of acquisition. with strong in-place cash flow, long-term upside, and rare seller terms, 1827 berkeley way is a compelling opportunity for investors seeking immediate returns in the heart of berkeley.
Property Type
Residential IncomeCounty
AlamedaStyle
Residential IncomeAD ID
49912409
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Property Appliances: Gas Water Heater
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
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Exterior Features
Building Information
- Year Built: 1910
- Construction: Wood Siding
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.11
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 4791
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Listing Information
Listing Price Information
- Original List Price: 2,300,000
- Listing Contract Date: 2025-05-22
Lease Information
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Taxes / Assessments
Tax Information
- Parcel Number: 57206310
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Directions: Martin Luther King Jr Way Cross Street: Martin Luther Ki.
- Source Property Type: Residential Income
Building and Construction
- Property Age: 115
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 06/18/2025 @ 06:23
- MLS: 41098638
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 4,791 sized lot, and 0 parking. are nearby neighborhoods.