1827 Berkeley Way, Berkeley, CA 94703

About this property

Proud to present 1827 Berkely Way, Berkeley, CA—a prime multifamily investment opportunity in the City of Berkeley. Located at 1827 Berkeley Way, this fully occupied 9-unit apartment building offers a rare opportunity to own a turnkey asset in one of Berkeley’s most sought-after locations. Just three blocks from UC Berkeley and directly across the street from Trader Joe’s, the property features a desirable mix of (3) 1 Bed 1 Bath & (6) studios units. All units have been thoughtfully renovated over the years, ensuring strong tenant demand and minimal deferred maintenance. The property boasts a solid 5.24% cap rate and an 11.69 GRM, making it an ideal addition to any investor’s portfolio. This is a stabilized, income-producing asset in a prime walkable location, surrounded by amenities, transit, and consistent rental demand. As an added benefit, the seller is offering attractive financing—carrying a 5% interest-only note for 3 to 5 years with a 35% down payment—providing flexibility and ease of acquisition. With strong in-place cash flow, long-term upside, and rare seller terms, 1827 Berkeley Way is a compelling opportunity for investors seeking immediate returns in the heart of Berkeley.

Listing description from the June 2025 sale, as reported to CRMLS.

Sale history

$2,275,000

Sold June 2025 · listed $2,300,000, on market May 2025 · MLS #41098638 · Source: CRMLS

Listing Agent: Ken Wu · Listing Office: Compass · Contact: 415-929-7100 · Bought with: Jason Pugao · MLSListing

Explore Berkeley