1626 Dwight WAY, Berkeley, CA 94703
1626 Dwight WAY, Berkeley, CA 94703
1626 Dwight WAY, Berkeley, CA 94703
1626 Dwight WAY, Berkeley, CA 94703
1626 Dwight WAY, Berkeley, CA 94703
1626 Dwight WAY, Berkeley, CA 94703
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John Fagan

John Fagan

+1(669) 303-8501
Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059
$ 4,495,000
Est. payment | /mo

5 Beds

5 Baths

12,832 SqFt

Save
$ 4,495,000
Est. payment | /mo
Save

5 Beds

5 Baths

12,832 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 12,832 sqft

Price per Sqft $350

MLS Listing ID ML82064817

Bedrooms 5

Full Baths 5

Year Built 1963

Lot Size 0.350 Acres

Property Sub-Type Five or More Units

Property 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.

Location

State CA

County Alameda

Area Berkeley Map Area 8

Zoning MF

Interior

Heating Gas

Cooling None

Exterior

Parking Features Off-Street Parking

Pool Pool - In Ground

Utilities Available Public Utilities

Roof Type Rolled Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 054-1806-025-03

Security Features None

Special Listing Condition Not Applicable

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Nearby Locations

John Fagan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

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1626 Dwight WAY