1827 Berkeley Way , Berkeley, CA 94703

  • $2,300,000
  • $2,300,000
1827 Berkeley Way , Berkeley, CA 94703
Active
1827 Berkeley Way , Berkeley, CA 94703
1827 Berkeley Way , Berkeley, CA 94703
  • $2,300,000
  • $2,300,000

Overview

Property ID: 41098638
  • Residential Income
  • Property Type
  • 1910
  • Year Built

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.

  • Address 1827 Berkeley Way
  • City Berkeley
  • State/county CA
  • Zip/Postal Code 94703

Details

Updated on June 13, 2025 at 6:42 pm
  • Property ID: 41098638
  • Price: $2,300,000
  • Land Area: 0.11 Acres
  • Garage Size: x x
  • Year Built: 1910
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Cooling: None
  • Heating: Wall Furnace
  • County: Alameda
  • Property Type: Residential Income

Features

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Andrea Galeano Realty
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