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Patricia Beattie

BRIVIO

patricia@brivio.com +1(415) 286-8292

Listed by Gauri Kohli • eXp Realty of California

$5,300,000

Est. payment - /mo

11,011 SqFt

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OPEN HOUSE

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

UPDATED:

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,011 sqft

Price per Sqft $481

MLS Listing ID 41100770

HOA Y/N No

Year Built 1929

Lot Size 5,150 Sqft

Property Sub-Type 5 or More Units

Source BAY EAST

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

Flooring Hardwood Flrs Throughout

Fireplace No

Laundry Laundry Room

Building

Lot Description Rectangular Lot

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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1360 Berkeley Way Berkeley, CA 94702

Patricia Beattie

OPEN HOUSE

Key Details

Location

Interior

Building

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