NOT LISTED FOR SALE
-- Bed
-- Bath
3,169 Sq Ft
4,791 Sq Ft Lot

Sale Details

Date Sold: June 27, 2025

Last sale price $2,275,000 $718 Per Sq Ft

22 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Landscaped
  • No HOA
  • Garden
  • Wall Furnace

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

Compass
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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

4,791 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
Jun 25, 2025
Sold by
Bought by
Seller's Agent
Ken Wu
Compass
List Price
$2,300,000
Sold Price
$2,275,000
Premium/Discount to List
-$25,000
-1.09%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,278,000
Outstanding Balance
$1,264,535
Interest Rate
6.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 20, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,150
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
8.15%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,275,000 Old Republic Title Company
$1,180,000 Commonwealth Land Title
-- --
-- --
$250,000 First California Title Compa
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,278,000
Previous Owner $865,000
Previous Owner $750,000
Previous Owner $760,000
Previous Owner $850,000
Previous Owner $578,150
Previous Owner $405,000
Previous Owner $76,161
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $28,401 $2,315,910 $694,773 $1,621,137
2025 $28,401 $1,639,084 $592,356 $1,046,728
2024 $25,799 $1,606,956 $580,745 $1,026,211
2023 $25,259 $1,575,451 $569,359 $1,006,092
2022 $24,794 $1,544,569 $558,199 $986,370
2021 $24,838 $1,514,287 $547,255 $967,032
2020 $23,518 $1,502,713 $541,645 $961,068
2019 $22,556 $1,473,337 $531,029 $942,308
2018 $22,176 $1,444,536 $520,620 $923,916
2017 $21,323 $1,416,351 $510,416 $905,935
2016 $20,633 $1,388,669 $500,412 $888,257
2015 $18,726 $1,234,000 $310,000 $924,000
2014 $15,501 $934,000 $230,000 $704,000
Source: Public Records

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Map

Source: bridgeMLS

MLS Number: 41098638

bridgeMLS
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