Property listed by Marcus & Millichap, Eymon Binesh 650-391-1700
1626 Dwight Way
Berkeley, CA 94703
Square Ft.
12,832
$4,495,000
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,… Read More 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. Read Less
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
12,832
Lot Size
0.35 Acres
Year Built
1963
MLS Number
ML82064817
Additional Details
Building
Built in 1963, 2 buildings
Cooling
None
Expenses
Insurance: $21,000, Maintenance: $15,750, Trash: $7,245, Other Expense: $23,452
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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