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Listed by Timothy Warren, DRE #02008347 • NAI Northern California
$ 4,750,000
Est. payment /mo
New
1360 Berkeley WAY Berkeley, CA 94702
11 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 11 sqft
Price per Sqft $431,818
MLS Listing ID EB41148979
Year Built 1929
Lot Size 5,150 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
Pleased to present 1360 Berkeley Way, a nineteen (19)-unit multifamily property situated on a 5,625 square foot lot in one of Berkeley's most sought-after neighborhoods. Built in 1929, the approximately 11,011 square foot building features an attractive unit mix of eleven (11) one-bedroom/one-bath units, seven (7) studio units, and one (1) one-bedroom/one-bath penthouse unit, offering broad tenant appeal and stable in-place income. The property has been well maintained and benefits from significant capital improvements, including a newer roof, updated electrical systems, renovated units, dual-pane windows, a newer boiler, water heater, and fresh exterior paint, reducing near-term capital expenditure needs for a new owner. With its desirable unit mix, strong in-place cash flow, and exceptional Berkeley location, 1360 Berkeley Way presents a compelling investment opportunity for investors seeking long-term stability and appreciation in one of the East Bay's premier rental markets. 1360 Berkeley Way is ideally located in Central Berkeley, just blocks from North Berkeley BART Station and within walking distance of the city's renowned dining, shopping, and cultural amenities. Residents enjoy convenient access to Downtown Berkeley, the Gourmet Ghetto, the University of California, Ber
Location
State CA
County Alameda
Area Berkeley Map Area 4
Interior
Heating Steam
Cooling None
Flooring Vinyl
Exterior
Exterior Feature Stucco
Parking Features No Parking
Roof Type Rolled Composition
Building
Lot Description Regular
Others
Tax ID 57-2073-17
Special Listing Condition Not Applicable
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