MLS#ML82064817
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLOther
Listing Courtesy of:
Marcus & Millichap
Agency Phone: (650) 391-1700
Associate Name: Eymon Binesh
Listing Shown by:
Watson Realty
Associate Name: TEAM T.P.G.
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.
Property Features
Property Type: Commercial - Business
Cooling: None
Lot Size: 0.35 Acres
Taxes: $86,411
Year Built: 1963
Feature Descriptions
Days on Site: 14
Parcel#: 054180602503
Water: Public
Local Schools
School District: Other
Listed By / Shown By
Listed By
Agency Name: Marcus & Millichap
Agent Name: Eymon Binesh
Agency Phone: (650) 391-1700
Shown By
Agent Name: TEAM T.P.G.
Agent Phone:
Agency Title: Watson Realty
1626 Dwight Way | MLS# ML82064817
This commercial property located at 1626 Dwight Way , Berkeley, CA 94703 is currently listed for sale with an asking price of $4,495,000. Dwight Way is located within the Other school district. Search Berkeley real estate on t-p-g.cce-escrow.com today.