$4,495,000
FOR SALEActive1626 Dwight Way
Berkeley CA 94703
12,832
SF
Commercial
Type
1963
Built
$350/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
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.
Property Information
Property Overview
Commercial
Property Type
Active
Status
MF
Zoning
0.3499 acres
Lot Size
12,832 SF
Square Footage
$350.30/SF
Price per SF
$86,411
Annual Tax
1,963
Year Built
10
Parking Total
0.78
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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CRMLS
MLS# ML82064817
Listed:
Nalren refreshed:
Last updated
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Listed by: Marcus & Millichap
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.