1360 Berkeley Way Berkeley, CA 94702
West Berkeley NeighborhoodEstimated payment $29,688/month
About This Home
eXp Commercial is pleased to present a stabilized multifamily investment opportunity located in North Berkeley. The property is positioned within close proximity to the North Berkeley BART station, offering convenient access to public transportation, retail, and neighborhood amenities. Constructed in the 1920s, the building features a mix of one-bedroom, studio, and two-bedroom units. Recent capital improvements include a newer roof, updated electrical systems, renovated unit interiors, dual-pane windows, a replaced boiler and water heater, and exterior updates. The property consists of 19 units and generates approximately $45,000 in monthly rental income. The asset has maintained consistent occupancy, supported by ongoing rental demand in the Berkeley market. This offering provides an opportunity for investment in an established rental location with existing income and potential for continued operational improvements.
Listing Agent
Exp Commercial of California, Inc. License #02139034 Listed on: 04/23/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 5,150 Sq Ft Lot
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 11,011 Sq Ft Home
- 3-Story Property
Utilities
- Heating System Uses Natural Gas
- Radiant Heating System
Listing and Financial Details
- Assessor Parcel Number 57-2073-17
Community Details
Overview
- No Home Owners Association
- 19 Units
Building Details
- 18 Leased Units
- 1 Vacant Unit
- 9 Units Leased Month-To-Month
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $36,592 | $834,548 | $263,831 | $561,863 |
| 2024 | $36,592 | $818,359 | $258,658 | $550,847 |
| 2023 | $35,656 | $793,637 | $253,588 | $540,049 |
| 2022 | $40,295 | $787,816 | $248,616 | $529,461 |
| 2021 | $32,270 | $762,821 | $243,741 | $519,080 |
| 2020 | $57,339 | $762,213 | $241,243 | $520,970 |
| 2019 | $35,096 | $743,540 | $236,515 | $507,025 |
| 2018 | $44,111 | $728,726 | $231,878 | $496,848 |
| 2017 | $45,660 | $714,500 | $227,332 | $487,168 |
| 2016 | $38,494 | $700,553 | $222,876 | $477,677 |
| 2015 | $27,946 | $690,078 | $219,529 | $470,549 |
| 2014 | $31,781 | $676,622 | $215,229 | $461,393 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/23/2026 04/23/26 | For Sale | $4,990,000 | -- | $453 / Sq Ft |
Source: MetroList
MLS Number: 226051282
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