Seller's Agent in 2023
Joey Wang
Keller Williams Realty
(510) 592-5554
10 in this area
141 Total Sales
1436 Derby St Berkeley, CA 94702
West Berkeley Neighborhood
2
Beds
1
Bath
3,944
Sq Ft
3,713
Sq Ft Lot
Highlights
- No HOA
- Cooling Available
- Paved or Partially Paved Lot
- Malcolm X Elementary School Rated A
- Tile Flooring
- Heating System Uses Natural Gas
About This Home
As of October 2023At 3,944 sq. ft. feet, Berkeley’s 1436 Derby St is a 5-unit (4, 2BR/1BA + 1, 1BR/1BA) multifamily that’s ready to print money. Listed at only $1.3MM but with an estimated annual income of $146K, this property offers an exceptional 6.9% CAP—there’s minimal risk to recovering the investment. The building is earthquake-ready, having been removed from Berkeley’s soft-story list, and includes parking and laundry on-site. Each unit comes with its own water heater, as well as its own meter for all utilities, simplifying property management. 3 units are occupied with strong tenants paying near-market rents, while the other 2 will be delivered vacant allowing the new owner to pick their own occupants and set their own rents. Designated as an R1 zone, this part of Southwest Berkeley is primarily residential, improving 1426 Darby’s long-term capital gains prospects. The property comes with solid Bike and Walk Scores (91 and 83 respectively), and is only a 10-minute ride from UC Berkeley.
Last Agent to Sell the Property
Keller Williams Realty License #01890931 Listed on: 08/10/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 3,713 Sq Ft Lot
- Paved or Partially Paved Lot
- Front Yard
Home Design
- Frame Construction
- Stucco
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Laundry
- Laundry in unit
- 220 Volts In Laundry
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Carport
- On-Street Parking
- Uncovered Parking
- Parking Lot
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Wall Furnace
- Electricity To Lot Line
- Gas Water Heater
Community Details
- No Home Owners Association
- 3,944 Sq Ft Building
- Bridge Aor Association
- South Berkeley Subdivision
Listing and Financial Details
- Assessor Parcel Number 5417358
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $1,400,000 | -- | -- |
| 10/16/2023 10/16/23 | Sold | $1,400,000 | +7.7% | $355 / Sq Ft |
| 09/01/2023 09/01/23 | Pending | -- | -- | -- |
| 08/10/2023 08/10/23 | For Sale | $1,300,000 | -- | $330 / Sq Ft |
Source: bridgeMLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Joey Wang
-
Vincent Heung
Buyer's Agent in 2023
Vincent Heung
Compass
(510) 220-0188
1 in this area
64 Total Sales
Map
Source: bridgeMLS
MLS Number: 41035642
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Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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