1246 Berkeley WayBerkeley, CA 94702
NORTH BERKELEY · Alameda County
Description
Welcome to 1246 Berkeley Way, presenting an opportunity to acquire a 7-unit multifamily apartment building in the heart of Berkeley, just off University Ave. Built in 1966 and spanning approximately 5,975 sqft of living space on an 8,497 sqft lot, this parcel offers two separate buildings with an ideal unit mix of five 3-bed x 1-bath units and two studio units. Studio unit A will be delivered vacant. There is off-street parking for 7 vehicles. Projected gross monthly rent is $14,662, or $175,944. Close proximity to The Berkeley Marina, North Berkeley BART, UC Berkeley, Berkeley Bowl, Restaurants and Shopping on 4th St, parks, public transportation, and the 80 Freeway makes it a turnkey investment opportunity in an incomparable location. Purchase individually or as part of a portfolio sale. Also available for sale is 5418 Telegraph Ave. Oakland (5 Unit), 712 56th St. Oakland (4 Unit), 3807 High St. Oakland (6 Unit).
Property Information
- Property type
- Residential Income
- Year built
- 1966
- Lot size
- 0.20 acres
- Parking spaces
- 7
- Days on market
- 55
- MLS® Listing#
- 41143329
Property Features
- Cooling
- None
- Heating
- Wall Furnace
- Construction
- Stucco · Wood Siding
- Parcel number
- 57208122
Directions
Cross Street: Chestnut.
Listing Courtesy: KW Advisors East Bay - 5107751079
Presented by: Stephanie Christmas and Justin Paek
Licensed in the state of California.
Berkeley Market Statistics
How this home compares to 262 active listings in Berkeley, CA
| Berkeley median | This listing | |
|---|---|---|
| Median listing price | $1,000,000+ | $1,685,000 |
| Median days on market | 44 | 55 |
| Median Sq Ft | 1,941 | — |
| Median price / Sq Ft | $699 | — |
Market statistics compiled from active EXIT Realty® and MLS listings in Berkeley, CA.
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1682 Oxford St, Berkeley, CA | $1,690,000 | — | — | — |
| 2403 Cedar St, Berkeley, CA | $1,690,000 | — | — | — |
| 1300 Kains Ave, Berkeley, CA | $1,650,000 | 7 | — | 2,650 |
| 2427 McKinley Ave, Berkeley, CA | $1,650,000 | — | — | 2,911 |
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