$2,300,000

1827 Berkeley Way, Berkeley, CA 94703

  • 3,169 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $726/sqft
  • Property List Date Icon Listed 25 days ago

Property 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.

Listing Status:
Active
Date Added:
May 22, 2025 at 05:00AM
Listing Office:
Compass : 415-929-7100
Listing Agent:
Ken Wu : 408-666-2585
MLS ID:
41098638
  • Appliances: Gas Water Heater
  • Laundry: Laundry Room
  • Basement: None
  • Flooring: HardwoodLaminate
  • A/C: None
  • Heating: Wall Furnace

This listing courtesy of Ken Wu, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Berkeley Arts Magnet at Whittier (BAM)

1645 Milvia St, Berkeley, CA, 94709

Grades KG-5

0.35 miles away

M

Martin Luther King Jr. Middle School

1781 Rose St, Berkeley, CA, 94703

Grades 6-8

0.66 miles away

B

Berkeley High School

1980 Allston Way, Berkeley, CA, 94704

Grades 9-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby