1535 Julia St Berkeley, CA 94703
South Berkeley NeighborhoodHighlights
- 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.
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
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 | $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 |
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
MLS Number: 41125410
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Ask me questions while you tour the home.