Berkeley, CA 94702,1360 Berkeley Way
Berkeley, CA 94702,1360 Berkeley Way
Berkeley, CA 94702,1360 Berkeley Way
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$5,300,000
Est. payment /mo
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5,148 Sqft Lot
Open Tue 11AM-1PM

1360 Berkeley Way Berkeley, CA 94702

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Jun
Wed
11
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OPEN HOUSE

Tue Jun 10, 11:00am - 1:00pm

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41100770

HOA Y/N No

Year Built 1929

Lot Size 5,148 Sqft

Property Description

To access marketing package copy/paste: https://bit.ly/kitehillre. Open House June 10th 11AM-1PM. 1360 Berkeley Way offers a rare opportunity to acquire a well-positioned multifamily property in one of Berkeley's 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. With on-site parking, a quiet residential setting, and proximity to acclaimed dining, parks, and cultural institutions, 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.

Location

State CA

County Alameda

Interior

Heating None

Cooling None

Fireplace No

Exterior

Utilities Available Water Not Available

Roof Type Tile

Total Parking Spaces 19

Building

Water None

Others

Tax ID 57207317


California Regional MLS (CRMLS)
Listed by Gauri Kohli • eXp Realty of California

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agent

Cindy & Giovanna Kellems

Broker Associate

+1(619) 597-8033

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1360 Berkeley Way