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Listed by Gauri Kohli • eXp Realty of California
$ 5,300,000
Est. payment /mo
Open 6/10 11AM-1PM
1360 Berkeley WAY Berkeley, CA 94702
3 Beds
3 Baths
11,011 SqFt
OPEN HOUSE
Tue Jun 10, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 11,011 sqft
Price per Sqft $481
MLS Listing ID BE41100770
Bedrooms 3
Year Built 1929
Lot Size 5,150 Sqft
Property Sub-Type Five or More Units
Source Bay East
Property Description
To access marketing package copy/paste: https://bit.ly/kitehillre. Open House June 10th 11AM-1PM. 1360 Berkeley Way offers a rare opportunity to acquire a well-positioned multifamily property in one of Berkeley's most desirable neighborhoods. This classic 1920s apartment building features an attractive unit mix and provides both strong in-place income and significant long-term upside potential. Located just blocks from North Berkeley BART station, the property boasts excellent walkability and access to public transit. Its prime location appeals to a wide tenant base, including students, professionals, and long-term residents. The building has been well maintained and benefits from substantial recent capital improvements, including a new roof, updated electrical systems, renovated units, new boiler, water heater, dual-pane windows, and fresh exterior paint. Interior modernization and operational upgrades present further value-add potential. With on-site parking, a quiet residential setting, and proximity to acclaimed dining, parks, and cultural institutions, 1360 Berkeley Way offers strong tenant appeal and consistent occupancy. The current unit mix includes 11 one-bedroom units, 7 studios, and 1 two-bedroom penthouse, generating nearly $45,000 in monthly rental income.
Location
State CA
County Alameda
Area Berkeley Map Area 4
Interior
Cooling None
Flooring Hardwood
Laundry In Laundry Room
Exterior
Exterior Feature Stucco
Parking Features Attached Garage
Garage Spaces 19.0
Roof Type Tile
Building
Lot Description Regular
Sewer None
Water None
Others
Tax ID 57-2073-17
Special Listing Condition New, Not Applicable
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