Property Detail

1360 Berkeley Way

Berkeley CA 94702

$4,990,000

Status: Active

Property Details

Description

Priced to sell! To access marketing package copy/paste: https://bit.ly/kitehillre. 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. 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.

Map Location

Listing provided courtesy of Gauri Kohli of eXp Realty of California. Last updated 2025-07-21 08:11:21.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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