1504 10th St Berkeley, CA 94710
West Berkeley NeighborhoodEstimated payment $10,186/month
Highlights
- 8,712 Sq Ft lot
- Wood Flooring
- Attached Garage
- Ruth Acty Elementary Rated A
- No HOA
- Cooling Available
About This Home
The offering presents 1504 10th Street, Berkeley, CA, a well-maintained 6-unit multifamily property comprising 6 1-bedroom, 1-bathroom units. The 3,194 sq. ft. building sits on a 0.20-acre lot and is currently 67% occupied. Built in 1926, the property offers a prime location near UC Berkeley and is within walking distance of restaurants, shops, and public transit. With below-market rents, there is a significant value-add opportunity to increase rents to market rates and improve occupancy. The current rent roll totals $11,627/month, with a pro forma rent roll of $14,400/month, representing a 19% upside. The current cap rate is 5.90%, with a proforma cap rate of 7.90%, indicating strong potential for future returns.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Parking
- Attached Garage
Home Design
- Composition Shingle Roof
- Shingle Siding
Utilities
- Cooling Available
- Wall Furnace
Additional Features
- Wood Flooring
- 8,712 Sq Ft Lot
Community Details
- No Home Owners Association
- 6 Units
- Berkeley Subdivision
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 | $25,215 | $1,526,474 | $494,190 | $1,032,284 |
| 2024 | $25,215 | $1,496,544 | $484,500 | $1,012,044 |
| 2023 | $24,673 | $1,467,200 | $475,000 | $992,200 |
| 2022 | $21,040 | $1,179,704 | $472,827 | $706,877 |
| 2021 | $21,041 | $1,156,575 | $463,557 | $693,018 |
| 2020 | $19,777 | $1,146,385 | $458,805 | $687,580 |
| 2019 | $18,829 | $1,123,948 | $449,812 | $674,136 |
| 2018 | $18,479 | $1,101,951 | $440,996 | $660,955 |
| 2017 | $17,774 | $1,083,119 | $432,352 | $650,767 |
| 2016 | $17,107 | $1,061,976 | $423,878 | $638,098 |
| 2015 | $16,868 | $1,046,095 | $417,513 | $628,582 |
| 2014 | $17,015 | $1,025,698 | $409,338 | $616,360 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/30/2026 04/30/26 | Price Changed | $1,525,000 | -4.7% | $477 / Sq Ft | |
| 03/30/2026 03/30/26 | For Sale | $1,600,000 | +9.1% | $501 / Sq Ft | |
| 02/04/2025 02/04/25 | Off Market | $1,467,200 | -- | -- | |
| 08/10/2022 08/10/22 | Sold | $1,467,200 | +1.2% | $459 / Sq Ft | View Prior Sale |
| 06/17/2022 06/17/22 | Pending | -- | -- | -- | |
| 06/09/2022 06/09/22 | For Sale | $1,450,000 | -- | $454 / Sq Ft |
Source: Bay East Association of REALTORS®
MLS Number: 41129017
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