1626 Dwight WayBerkeley, CA 94703
Alameda County
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
- Lot size
- 15,240 Sq Ft
- Zoning
- MF
- Days on market
- 23
- MLS® Listing#
- ML82064817
Property Features
- Cooling
- None
- Heating
- Natural Gas
- Roof
- Composition
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- HOA
- None
- Parcel number
- 054180602503
Listing Courtesy: Marcus & Millichap
Presented by: Eymon Binesh
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