1626 Dwight WAY, Berkeley, CA 94703
1626 Dwight WAY, Berkeley, CA 94703
1626 Dwight WAY, Berkeley, CA 94703
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Josh Yoo

Josh Yoo

+1(510) 418-9180
Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059
$4,495,000
Est. payment /mo
5 Beds
5 Baths
12,832 SqFt
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UPDATED:

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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Josh Yoo

Josh Yoo

+1(510) 418-9180

Broker Associate License ID: 02024903

Broker Associate License ID: 02024903

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1626 Dwight WAY

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Josh Yoo.

As a Bay Area native and Top 1% real estate advisor, Josh brings local expertise, strategic guidance, and personal support to help you buy with confidence in a competitive market.