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1360 Berkeley Way, Berkeley, CA 94702
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1360 Berkeley Way
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  • MLS#: 41100770 ( )
  • Street Address: 1360 Berkeley Way
  • Viewed: 3
  • Price: $4,990,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1929
  • Bldg sqft: 0
  • Days On Market: 46
  • Additional Information
  • County: ALAMEDA
  • City: Berkeley
  • Zipcode: 94702
  • Provided by: eXp Realty of California
  • Contact: Gauri Gauri
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Priced to sell! To access marketing package copy/paste: https://bit.ly/kitehillre. 1360 Berkeley Way offers a rare opportunity to acquire a well positioned multifamily property in one of Berkeleys 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. 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.
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Features
Association Fee
  1. 0.00
Construction Materials
  1. Stucco
Cooling
  1. None
Days On Market
  1. 40
Heating
  1. None
Parcel Number
  1. 57207317
Roof
  1. Tile
Sourcesystemkey
  1. 41100770:BMLS
Tenant Pays
  1. Gas
Water Source
  1. None
Year Built
  1. 1929