1827 Berkeley Way
Berkeley, CA 94703
- – beds
- – baths
- – sqft
- 4,791 sqft lot
- 1910 build
- – on site
The R&Z Group of Compass Commercial is proud to present 1827 Berkely Way, Berkeley, CA—a prime multifamily investment opportunity in the City of Berkeley. Located at 1827 Berkeley Way, this fully occupied 9-unit apartment building offers a rare opportunity to own a turnkey asset in one of Berkeley’s most sought-after locations. Just three blocks from UC Berkeley and directly across the street from Trader Joe’s, the property features a desirable mix of (3) 1 Bed 1 Bath & (6) studios units. All units have been thoughtfully renovated over the years, ensuring strong tenant demand and minimal deferred maintenance. The property boasts a solid 5.38% cap rate and an 11.7 GRM, making it an ideal addition to any investor’s portfolio. This is a stabilized, income-producing asset in a prime walkable location, surrounded by amenities, transit, and consistent rental demand. As an added benefit, the seller is offering attractive financing—carrying a 5% interest-only note for 3 to 5 years with a 35% down payment—providing flexibility and ease of acquisition. With strong in-place cash flow, long-term upside, and rare seller terms, 1827 Berkeley Way is a compelling opportunity for investors seeking immediate returns in the heart of Berkeley.
Last checked:
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Last updated May 23, 2025
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MLS# 41098638 —
The Building
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Year Built:1910
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Construction Materials:Wood Siding
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Total Number Of Units:9
Interior
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Laundry:1
Location
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Directions:Martin Luther King Jr Way Cross Street: Martin Luther Ki.
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Latitude:37.87258300
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Longitude:-122.27406800
The Property
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Property Type:Residential Income
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Lot Size Area:4791.0000
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Lot Size Acres:0.1100
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Lot Size SqFt:4791.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:N
The Listing
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Parcel Number:57206310
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:None
Utilities
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Water Source:Other
Appliances
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Appliances:Gas Water Heater
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Included:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/22/25
May 22, 2025
|
Listed / Active | CRMLS_CA | $2,300,000 | 94.9% (4.7% / YR) |
1/6/05
Jan 6, 2005
|
BRIDGE | $1,180,000 |