1535 Julia St Berkeley, CA 94703
South Berkeley NeighborhoodEstimated payment $8,166/month
Highlights
- Wood Flooring
- No HOA
- Storage
- Malcolm X Elementary School Rated A
- Tandem Parking
- Coin Laundry
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
- Rectangular Lot
- Paved or Partially Paved Lot
Parking
- Tandem Parking
Home Design
- Stucco
Interior Spaces
- 3,499 Sq Ft Home
- Storage
- Wood Flooring
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Separate Meters
- Individual Gas Meter
- Cable TV Available
Community Details
Overview
- No Home Owners Association
- Bridge Aor 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 |
|---|---|---|---|---|
| 04/30/2026 04/30/26 | Price Changed | $1,198,000 | -2.2% | $342 / Sq Ft |
| 03/27/2026 03/27/26 | Price Changed | $1,225,000 | -5.0% | $350 / 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.