1827-1829 Berkeley Way - Apartments FOR SALE


Berkeley, CA 94703- Downtown Berkeley
$2,300,000 USD
415-825-3085
1827-1829 Berkeley Way, Berkeley, CA for Sale
$2,300,000 USD
Apartments - FOR SALE
1/20
null | 5.24% Cap Rate

1827-1829 Berkeley Way
Berkeley, CA 94703
Downtown Berkeley


HIGHLIGHTS

  • Seller Financing Available
  • 3 Blocks away from UC Berkeley
  • On-site washer/dryer

OVERVIEW

***SELLER FINANCING AVAILABLE!*** Open House: Friday (6/6): 1:30 - 2:30 pm The R&Z Group of Compass Commercial is proud to present 1827 Berkeley Way, Berkeley, CA—a prime multifamily investment opportunity in the City of Berkeley. This standout property features two separate buildings comprising a total of nine units, offering strong income potential and an unbeatable location. 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) studio 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 11.7 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.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$472 USD /SF

# OF UNITS

9

PRICE/UNIT

$255,556

CAP RATE

5.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,738 SF

ZONING

R-2A, Berkeley

APN/PARCEL ID

057-2063-010-00

ASK ABOUT THIS PROPERTY

Ken WuCompass CommercialMore Info
415-825-3085

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Ken WuCompass CommercialMore Info
415-825-3085

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.