1827 Berkeley Way, Berkeley, CA 94703
- 3,169 sqft
Multi-Family Home
Built in 1910
4,792sqft lot
—— car garage
$726/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Berkeley Arts Magnet at Whittier (BAM)
1645 Milvia St, Berkeley, CA, 94709
Grades KG-5
0.35 miles away
Martin Luther King Jr. Middle School
1781 Rose St, Berkeley, CA, 94703
Grades 6-8
0.66 miles away
Berkeley High School
1980 Allston Way, Berkeley, CA, 94704
Grades 9-12
0.31 miles away