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(408) 425-9359
Real Estate Company
1827 Berkeley Way, Berkeley, CA 94703
- $2,275,000
Listed by Ken Wu, (408) 666-2585 from Compass
(If provided) CoList: Ray Rodriguez from Compass
Sold listing courtesy of Jason Pugao from
- Sold Price
- $2,275,000
- List Price
- $2,300,000
- Closing Date
- Jun 27, 2025
- MLS#
- EB41098638
- Status
- SOLD
- Lot Size
- 4,791
- Listing Area
- Berkeley Map Area 3
- Year Built
- 1910
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.
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Additional Information
- Acres
- 0.11
- Age
- 115
- Cooling System
- None
- Days On Market
- Unknown
- Exterior Features
- Wood Frame
- Floor Covering
- Laminate, Hardwood
- Garage Parking
- No Parking
- Heating System
- Wall Furnace
- Laundry Facilities
- In Laundry Room
- Lot Size
- 4,791
- Neighborhood
- Berkeley Map Area 3
- Numberof Units
- 9
- Roof
- Other
- Unincorporated Yn
- Yes
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