1626 Francisco Street, Berkeley, CA 94703
Commercial property
Sold April 2026
Listing Agent: Eymon Binesh (DRE #02060059) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Eymon Binesh · Marcus & Millichap · MLS #ML82037756 · Source: CRMLS
How this sale compares
1626 Francisco Street sold for $2,525,000 in April 2026, 9.8% under its $2,800,000 list price, after 24 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
Marcus & Millichap is pleased to present 1626 Francisco Street is a 10-unit multifamily property located just blocks from UC Berkeley in one of Berkeley's most desirable rental corridors. The 10,330-square-foot building features a spacious unit mix of two 3-bedroom, 2-bath units and eight 2-bedroom, 1-bath units, along with nine garage parking spaces and on-site laundry. The property is fully occupied and individually metered for gas and electricity. Current rents are approximately 28% below market, presenting a clear value-add opportunity to increase income as units turn. With its large unit sizes, strong tenant demand near campus, and close proximity to North Berkeley BART and the Gourmet Ghetto, 1626 Francisco Street offers investors a well-located Berkeley asset with meaningful upside.
Listing description from the April 2026 sale, as reported to CRMLS.
Sale history