Berkeley, CA 94703,1827 Berkeley Way
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Berkeley, CA 94703,1827 Berkeley Way
Berkeley, CA 94703,1827 Berkeley Way
Berkeley, CA 94703,1827 Berkeley Way
Berkeley, CA 94703,1827 Berkeley Way

$2,300,000

Est. payment /mo
Est.Price: ?

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1827 Berkeley Way Berkeley, CA 94703

4,791 Sqft Lot

SOLD DATE : 06/27/2025

Key Details

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41098638

Sold Date 06/27/25

HOA Y/N No

Year Built 1910

Lot Size 4,791 Sqft

Property Description

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.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Gas Water Heater

Building

Water Other

Others

Tax ID 57206310

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CRMLS – RECore
Listed by Ken Wu Compass
Bought with Jason Pugao MLSListing
agent

Janet DePerry

Broker Associate | License ID: CA DRE#01214997

+1(949) 241-3440

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