Link Copied
Listed price in listed location currency (USD).
$4,999,000

25150

MLS® 226048551

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type 
Levels Residential
Size 11001 sqft
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 1929
Avg. Price Per Sqft $454
MLS® Number 226048551

Property Address: 1360 Berkeley Way, Berkeley, CA, 94702-1748

Average square foot calculated using Size range provided by listing agent.

Description

eXp Commercial is pleased to present an exceptional opportunity to acquire a well-maintained, stabilized multifamily asset in one of North Berkeley's most desirable neighborhoods. Located just blocks from the North Berkeley BART station, 1360 Berkeley Way offers outstanding walkability and convenient access to UC Berkeley, retail corridors, dining, parks, and cultural amenitiesappealing to a diverse tenant base of professionals, students, and long-term residents. Originally constructed in the 1920s, the property retains its classic architectural charm while benefiting from significant recent capital improvements. Upgrades include a new roof, electrical system enhancements, renovated unit interiors, dual-pane windows, a new boiler and water heater, and fresh exterior paint. These improvements enhance operational efficiency and reduce near-term maintenance exposure. The property features a well-balanced unit mix of 11 one-bedroom units, 7 studios, and 1 two-bedroom penthouse, designed to accommodate a broad and stable renter demographic. The asset is currently generating approximately $45, 000 in monthly rental income with historically consistent occupancy, reflecting strong demand in this highly constrained Berkeley rental market. Situated on a quiet residential street with close proximity to major transit and neighborhood amenities, the property offers an ideal blend of convenience and community appeal. Investors will benefit from both the stability of in-place income and the opportunity to further increase returns through strategic interior upgrades and operational efficiencies. Positioned in a high-demand submarket characterized by limited housing supply and sustained rental growth, 1360 Berkeley Way represents a compelling investment opportunity with strong fundamentals, long-term upside, and enduring appeal in the East Bay.
MLS® Number226048551
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1929
Basement
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Not available
Kitchen:Not available
Living Room:Not available
Dining Room:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 19, 2026List Date
$4,999,000List Price
  • Commute

Commute

Starting Address
Destination Address
1360 Berkeley Way, Berkeley, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties