$2,275,000
SOLD JUN 27, 2025
-- Bed
-- Bath
3,169 Sq Ft
4,791 Sq Ft Lot

Recently Sold

$718 Per Sq Ft

1% Below List Price

22 Days on Market

Highlights

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

About This Home

As of June 2025

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 5.24% cap rate and an 11.69 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.

Last Agent to Sell the Property

Ken Wu

Compass License #02131550 Listed on: 05/22/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

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

Home Design

  • 3,169 Sq Ft Home
  • Frame Construction

Flooring

  • Wood
  • Laminate

Laundry

  • Laundry Room

Utilities

  • No Cooling
  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bridge Aor Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 5 or More Units
  • Property Type: COMM RI MULTI-UNITS 5+
  • Lot Features: Dead End, Landscaped
  • LotSizeAcres: 0.11
  • Security Features: Carbon Monoxide Detector(s)
  • Has HOA?: No
  • Co List Office Mls Id: MLL5012166
  • Co List Office Mls Id: OBOPACU 05
  • Special Conditions: Standard
  • Directions: Martin Luther King Jr Way
  • Basement: None
  • Has Basement?: No
  • Has Cooling?: No
  • Living Area: 3169
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Hardwood, Laminate

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Garden

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: None

Utilities

  • Laundry Features: Laundry Room
  • Cooling: None
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Other Water/Sewer
  • Water Source: Other

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 4791

Tax Info

  • Tax Tract: N

Range of Values:

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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 List to Sale Price per Sq Ft
06/27/2025 06/27/25 Sold $2,275,000 -1.1% $718 / Sq Ft
05/22/2025 05/22/25 For Sale $2,300,000 -- $726 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41098638

bridgeMLS