$2,300,000
OPEN TUE 11AM - 12PM

1827 Berkeley Way Berkeley, CA 94703

Downtown Berkeley Neighborhood

Estimated payment $15,174/month

Total Views 499
-- Bed
-- Bath
3,169 Sq Ft
$726 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Wall Furnace
  • Washington Elementary School Rated A
  • Garden
  • 3-minute walk to Ohlone Park

About This Home

Proud to present 1827 Berkely Way, Berkeley, CA—a prime multifamily investment opportunity in the City of Berkeley. Located at 1827 Berkeley Way, this fully occupied 9-unit apartment building offers a rare opportunity to own a turnkey asset in one of Berkeley’s most sought-after locations. Just three blocks from UC Berkeley and directly across the street from Trader Joe’s, the property features a desirable mix of (3) 1 Bed 1 Bath & (6) studios units. All units have been thoughtfully renovated over the years, ensuring strong tenant demand and minimal deferred maintenance. The property boasts a solid 5.38% cap rate and an 11.7 GRM, making it an ideal addition to any investor’s portfolio. This is a stabilized, income-producing asset in a prime walkable location, surrounded by amenities, transit, and consistent rental demand. As an added benefit, the seller is offering attractive financing—carrying a 5% interest-only note for 3 to 5 years with a 35% down payment—providing flexibility and ease of acquisition. With strong in-place cash flow, long-term upside, and rare seller terms, 1827 Berkeley Way is a compelling opportunity for investors seeking immediate returns in the heart of Berkeley.

Listing Agent

Ken Wu

Compass License #02131550

Compass

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,791 Sq Ft Lot
  • Street terminates at a dead end
  • Garden

Home Design

  • Frame Construction

Flooring

  • Wood
  • Laminate

Utilities

  • No Cooling
  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3,169 Sq Ft Building
  • Bridge Aor Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.11
  • Directions: Martin Luther King Jr Way
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: OpenHouse

Interior Features

  • Flooring: Hardwood, Laminate
  • Basement: None
  • Appliances: Gas Water Heater
  • Basement YN: No

Exterior Features

  • Lot Features: Dead End, Landscape Back
  • Construction Type: Frame
  • Exterior Features: Garden

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Heating: Wall Furnace
  • Utilities: Other Water/Sewer
  • Cooling: None
  • Laundry Features: Laundry Room
  • Security: Carbon Monoxide Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Other

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4791
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: N

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $2,300,000 -- $726 / Sq Ft
Source: bridgeMLS

Source: bridgeMLS

MLS Number: 41098638

bridgeMLS

California Alameda County Berkeley 94703 Downtown Berkeley

1827 Berkeley Way, Berkeley, CA

Homes for Sale in Berkeley, CA

This home is located at 1827 Berkeley Way, Berkeley, CA 94703 and is currently priced at $2,300,000, approximately $725 per square foot. This property was built in 1910. 1827 Berkeley Way is a home located in Alameda County with nearby schools including Washington Elementary School, Berkeley Arts Magnet at Whittier School, and Oxford Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS 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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Ken Wu
Listing Agent
Ken Wu
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Compass
(341) 217-9239