1626 Dwight WayBerkeley, CA 94703
Alameda County
Listed By: Marcus & Millichap - 6503911700
Listed By: Eymon Binesh
Description
Rare 21-Unit Value-Add Opportunity in the Heart of Berkeley! Located just minutes from UC Berkeley, downtown Berkeley, and major East Bay transit, this 12,832 SF multifamily asset sits on a generous 0.35-acre lot and features a desirable unit mix of studios, one-bedrooms, and two-bedrooms. Current rents sit meaningfully below market, offering an investor significant upside through lease-up and operational optimization. Individually metered electric and gas, carport parking, recent seismic retrofit, and a low-turnover tenant base round out this well-positioned offering in one of the East Bay's most supply-constrained and durable rental markets. Priced at $4,495,000 ($214k/unit), don't miss this chance to acquire a well-located asset with huge upside potential.
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 1963
- Living area
- 12,832 Sq Ft
- Parking spaces
- 10
- Days on market
- 23
- MLS® Listing#
- ML82064817
Property Features
- Cooling
- None
- Heating
- Natural Gas
- Pool
- In Ground
- Parking
- Off Street
- Foundation
- Concrete Perimeter
- Roof
- Composition · Rolled/Hot Mop
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- HOA
- None
- Annual taxes
- $86,411
- Parcel number
- 054-1806-025-03
Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.
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