eXp Commercial is pleased to present a stabilized multifamily investment opportunity located in North Berkeley. The property is positioned within close proximity to the North Berkeley BART station, offering convenient access to public transportation, retail, and neighborhood amenities. Constructed in the 1920s, the building features a mix of one-bedroom, studio, and two-bedroom units. Recent capital improvements include a newer roof, updated electrical systems, renovated unit interiors, dual-pane windows, a replaced boiler and water heater, and exterior updates. The property consists of 19 units and generates approximately $45, 000 in monthly rental income. The asset has maintained consistent occupancy, supported by ongoing rental demand in the Berkeley market. This offering provides an opportunity for investment in an established rental location with existing income and potential for continued operational improvements.
For sale
$4,990,000
Berkeley Way, Berkeley, CA 94702
--beds
--baths
11,011sqft
Est.:
Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$453/sqft
$-- HOA
What's special
- 7 days |
- 29 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Matthew W. Bingaman,
Exp Commercial of California, Inc.
Source: eXp Realty,MLS#: 226051282Originating MLS: MetroList Services, Inc.
Tour with a local agent
Facts & features
Interior
Heating
- Radiant, Varies by Unit, Natural Gas
Cooling
- Varies by Unit
Appliances
- Laundry: Other
Features
- Flooring: Varies by Unit
Interior area
- Total interior livable area: 11,011 sqft
Property
Parking
- Parking features: None
Features
- Stories: 3
Lot
- Size: 5,148.79 Square Feet
- Features: None
Details
- Parcel number: 57207317
- Zoning description: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Concrete, Other
- Foundation: Other
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
HOA
- Has HOA: No
Location
- Region: Berkeley
- Elevation: 0
Financial & listing details
- Price per square foot: $453/sqft
- Date on market: 4/23/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Listed for sale | $4,990,000$453/sqft |
Source: eXp Realty #226051282 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
$29,928/mo
Principal & interest
$24855
Property taxes
$5073
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Climate risks
Neighborhood: North Berkeley
Nearby schools
GreatSchools rating
- 9/10Oxford Elementary SchoolGrades: K-5Distance: 0.2 mi
- 9/10Martin Luther King Middle SchoolGrades: 6-8Distance: 0.9 mi
- 9/10Berkeley High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: Berkeley Unified
Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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