$1,290,000
Total Views 1,073
-- Bed
-- Bath
3,499 Sq Ft
$369 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Coin Laundry
  • Malcolm X Elementary School Rated A
  • Tandem Parking
  • Paved or Partially Paved Lot

About This Home

To access marketing package copy/paste: 1535 Julia Street presents a rare opportunity to acquire a 100% occupied, five-unit multifamily property in one of the East Bay's most coveted and supply-constrained rental markets. The property offers an exceptional unit mix — (3) one-bedroom, (1) two-bedroom, and (1) three-bedroom/two-bath units — delivering immediate, diversified cash flow from day one while appealing to a broad spectrum of renters. With updated interiors and modern finishes throughout, the asset is well-positioned to command premium rents as units turn, with an estimated 30–40% rental upside on the horizon — a compelling value-add runway that sets this offering apart. Ideally situated minutes from Ashby BART Station, residents enjoy direct, seamless access to Oakland and San Francisco, making this a premier transit-oriented location that consistently drives leasing demand. The surrounding neighborhood offers strong walkability, robust bike infrastructure, and proximity to Berkeley's vibrant retail and dining scene — exactly the lifestyle amenities today's renters prioritize. Separately metered gas, electric, and water utilities shift costs to tenants and protect the investor's bottom line.

Listing Agent

Jatin Mehta

Kite Hill Real Estate License #02045713 Listed on: 02/27/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 4,480 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • Tandem Parking

Home Design

  • Shingle Roof
  • Stucco

Flooring

  • Wood Flooring

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5316106

Community Details

Overview

  • No Home Owners Association
  • North Of Ashby Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

4,480 Sq Ft Lot

Listing Details

  • Year Built: 1919
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Subdivision Name: North Of Ashby
  • Directions: google maps
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Fireplace: No

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot, Paved
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Tandem

Utilities

  • Heating: Natural Gas
  • Cooling: None
  • Laundry Features: Coin Operated
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4480
  • Parcel Number: 5316106

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $21,775 $1,270,787 $382,032 $888,755
2024 $21,775 $1,245,879 $374,544 $871,335
2023 $21,303 $1,221,450 $367,200 $854,250
2022 $20,869 $1,197,500 $360,000 $837,500
2021 $17,825 $929,585 $437,452 $492,133
2020 $16,725 $925,057 $432,968 $492,089
2019 $15,849 $907,020 $424,480 $482,540
2018 $15,544 $889,340 $416,160 $473,180
2017 $14,973 $872,000 $408,000 $464,000
2016 $13,117 $752,851 $294,360 $458,491
2015 $12,923 $741,607 $289,940 $451,667
2014 -- $727,163 $284,262 $442,901
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2026 02/27/26 For Sale $1,290,000 -- $369 / Sq Ft
Source: bridgeMLS

Source: bridgeMLS

MLS Number: 41125410

bridgeMLS
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