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
$ 4,495,000
Est. payment /mo
New
1626 Dwight WAY Berkeley, CA 94703
0.35 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82064817
HOA Y/N No
Year Built 1963
Annual Tax Amount $86,411
Lot Size 0.350 Acres
Property Description
Rare 21-Unit Value-Add Opportunity in the Heart of Berkeley! Located just minutes from UC Berkeley, downtown Berkeley, and major East Bay transit, this 12,832 SF multifamily asset sits on a generous 0.35-acre lot and features a desirable unit mix of studios, one-bedrooms, and two-bedrooms. Current rents sit meaningfully below market, offering an investor significant upside through lease-up and operational optimization. Individually metered electric and gas, carport parking, recent seismic retrofit, and a low-turnover tenant base round out this well-positioned offering in one of the East Bay's most supply-constrained and durable rental markets. Priced at $4,495,000 ($214k/unit), don't miss this chance to acquire a well-located asset with huge upside potential.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning MF
Interior
Cooling None
Fireplace No
Exterior
Carport Spaces 4
Total Parking Spaces 10
Building
Water Public
Schools
School District Other
Others
Tax ID 054180602503
Special Listing Condition Standard
Listed by Eymon Binesh Marcus & Millichap #02060059
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION