REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$5,300,000
Est. payment /mo
5,148 Sqft Lot
OPEN HOUSE
Tue Jun 10, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41100770
HOA Y/N No
Year Built 1929
Lot Size 5,148 Sqft
Property Description
To access marketing package copy/paste: https://bit.ly/kitehillre. Open House June 10th 11AM-1PM. 1360 Berkeley Way offers a rare opportunity to acquire a well-positioned multifamily property in one of Berkeley's most desirable neighborhoods. This classic 1920s apartment building features an attractive unit mix and provides both strong in-place income and significant long-term upside potential. Located just blocks from North Berkeley BART station, the property boasts excellent walkability and access to public transit. Its prime location appeals to a wide tenant base, including students, professionals, and long-term residents. The building has been well maintained and benefits from substantial recent capital improvements, including a new roof, updated electrical systems, renovated units, new boiler, water heater, dual-pane windows, and fresh exterior paint. Interior modernization and operational upgrades present further value-add potential. With on-site parking, a quiet residential setting, and proximity to acclaimed dining, parks, and cultural institutions, 1360 Berkeley Way offers strong tenant appeal and consistent occupancy. The current unit mix includes 11 one-bedroom units, 7 studios, and 1 two-bedroom penthouse, generating nearly $45,000 in monthly rental income.
Location
State CA
County Alameda
Interior
Heating None
Cooling None
Fireplace No
Exterior
Utilities Available Water Not Available
Roof Type Tile
Total Parking Spaces 19
Building
Water None
Others
Tax ID 57207317
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Listed by Gauri Kohli • eXp Realty of California
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