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1507 Prince St
For Sale $2,850,000
$2,850,000
- 13 Units
- Unknown Sq Ft
- 8,317 Sq Ft
- Unknown Cap Rate
Description
Compass Commercial is proud to present 1507 Prince Street, Berkeley, a mixed-use investment offered at $2,850,000, delivering a strong 7.46% Cap Rate and 8.6 GRM with durable in-place income and clear upside. The property consists of 13 total units across two buildings, including four ground-floor retail suites with prime frontage along Sacramento Street and nine residential units, plus a detached Victorian-style home. The residential mix includes seven one-bedroom one-bath units, one two-bedroom one-bath unit, and a four-bedroom two-bath single-family home, providing a diversified and resilient tenant base. Recent electrical and plumbing upgrades significantly reduce near-term capital exposure. Retail tenants are long-term, stable operators with interest in longer lease terms, while residential rents remain below market, creating meaningful upside through turnover and strategic management. Additional amenities include a gated parking lot with approximately five spaces, a valuable feature in this location. Ideally situated in South Berkeley, the property benefits from excellent visibility, walkable neighborhood amenities, and proximity to BART, major freeways, Downtown Berkeley, and University of California, Berkeley.
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 | $2,850,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 5 spots |
| Year Built | 1930 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 53161312 |
| MLS # | 41122900 |
| Property ID | 322562465 |
| Lot Sqft | 8,317 |
| Zoning | Unknown |
| Total Units | 13 |
| Days on Market | 2 |
| Original List Price | $2,850,000 |
| Applicances | Dryer,Washer% |
| Date Updated | February 03, 2026 |
| Date Created | February 03, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Willem Bos an agent of Compass Commercial. Lic #02013980
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 03, 2026 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