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1360 Berkeley Way, Berkeley, CA 94702 Photo
1360 Berkeley Way, Berkeley, CA 94702 Photo
1360 Berkeley Way
Berkeley, CA 94702
$4,999,000
30 Beds | 15.0 Baths | 11001 sqft | 5,149.99 Acreage

eXp Commercial is pleased to present an exceptional opportunity to acquire a well-maintained, stabilized multifamily asset in one of North Berkeley's most desirable neighborhoods. Located just blocks from the North Berkeley BART station, 1360 Berkeley Way offers outstanding walkability and convenient access to UC Berkeley, retail corridors, dining, parks, and cultural amenitiesappealing to a diverse tenant base of professionals, students, and long-term residents. Originally constructed in the 1920s, the property retains its classic architectural charm while benefiting from significant recent capital improvements. Upgrades include a new roof, electrical system enhancements, renovated unit interiors, dual-pane windows, a new boiler and water heater, and fresh exterior paint. These improvements enhance operational efficiency and reduce near-term maintenance exposure. The property features a well-balanced unit mix of 11 one-bedroom units, 7 studios, and 1 two-bedroom penthouse, designed to accommodate a broad and stable renter demographic. The asset is currently generating approximately $45,000 in monthly rental income with historically consistent occupancy, reflecting strong demand in this highly constrained Berkeley rental market. Situated on a quiet residential street with close proximity to major transit and neighborhood amenities, the property offers an ideal blend of convenience and community appeal. Investors will benefit from both the stability of in-place income and the opportunity to further increase returns through strategic interior upgrades and operational efficiencies. Positioned in a high-demand submarket characterized by limited housing supply and sustained rental growth, 1360 Berkeley Way represents a compelling investment opportunity with strong fundamentals, long-term upside, and enduring appeal in the East Bay.

Listed By / Presented By

Listed By

Agency Name: Exp Commercial of California, Inc.
Agency Phone: 310-200-1490
Agent Name: Matthew Bingaman

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Presented By

Agent Name: Kylie Michelle Windley
Agent Phone: 888.702.4273
Agency Title: Chase International Real Estate

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Contact Agent(s) for More Information

Property Details

Property Type: Residential -
Cooling: See Remarks
Heating: See Remarks
Home Style: Vintage
Lot Size: 5,150.00 Acres
Roof Type: Composition, See Remarks
Stories: 3.0
Year Built: 1929
MLS ID: 226048551

Feature Descriptions

Appliances: Hood Over Range, Microwave
Bathroom Features: See Remarks, Other
Dining Room Features: Other
Exterior: Cement Siding, Concrete
Flooring: See Remarks
Kitchen Features: Kitchen/Family Combo, Tile Counter
Laundry: None
Lot: Other
Parcel#: 57-2073-17
Parking: No Garage
Sewer: Public Sewer
Utilities: Electric, Sewer In & Connected, Other
Water: Water District, See Remarks

Amenities

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Schools

High School: Berkeley Unified
Middle School: Berkeley Unified
Elementary School: Berkeley Unified

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Estimate My Payments

  • Estimated Payment
    $12,583.65
  • Principal & Interest
    $11,125.61
  • Property Tax
    $0.00 (data not provided by mls)
  • Homeowner's Insurance
    $1,458.04
(Payments are an estimate and may vary by lender)

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