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1360 Berkeley Way
For Sale $4,990,000
$4,990,000
- 19 Units
- Unknown Sq Ft
- 5,150 Sq Ft
- Unknown Cap Rate
Description
Priced to sell! To access marketing package copy/paste: https://bit.ly/kitehillre. 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. 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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,990,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 19 spots |
| Year Built | 1929 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 57207317 |
| MLS # | 41100770 |
| Property ID | 295721611 |
| Lot Sqft | 5,150 |
| Zoning | Unknown |
| Total Units | 19 |
| Days on Market | 194 |
| Original List Price | $5,300,000 |
| Date Updated | July 26, 2025 |
| Date Created | June 09, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Gauri Kohli an agent of Kite Hill Real Estate. Lic #01992955
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of July 26, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT