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Berkeley Way

Berkeley, CA 94702
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$4,999,000 $21,075/Mo
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Bed 25

Bed

Bath 15

Bath

SqFt11,001

Sqft

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 improve ments 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.

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Detail Ic Property Details

Property Type : Residential

Price : $4,999,000

AD Id : 77607003

MLS Id : 226048551

Beds : 25

Living Area Size : 11,001

Year Built : 1929

County : Alameda

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total beds: 25

    Bathroom Information

    Total Baths: 15 Full Baths: 15

    Water/Sewer

    Sewer: Public Sewer

    Room Information

    Total Bedroom: 25

  • Flooring Information

    See Remarks

  • Roofing Information

    Composition, See Remarks

  • Interior Features

    Roof: Composition, See Remarks Appliances: Hood Over Range, Microwave Laundry Features: None

  • Heating & Cooling

    Heating: See Remarks Cooling: See Remarks WaterSource: Water District, See Remarks

  • Fireplace

    Number of Fireplaces: 0 Fireplace Features: 0

  • Building Information

    Year Built: 1929 Construction Materials: Cement Siding, Concrete Roof: Composition,See Remarks Foundation Details: Combination, Other

  • Exterior Features

    Balcony
    Foundation Details: Combination, Other

  • Laundry Features

    None

  • Lot Information

    Lot Description: Other Lot Square Feet: 5,150 Stories: 3 Main Square Feet: 11,001

    Property Information

    Property Type: Residential Sub Type: Tenancy in Common Style: Vintage SQ ft (Living Area): 11,001 Construction Materials: Cement Siding,Concrete Property Age: 97 Cross Street: Sacramento Source Neighborhood: Berkeley Map Area 4 Postal Code Plus 4: 1748 Area: Berkeley S: 94702 Zoning: R@-A Living Area Source: Not Verified Structure Type: Low-Rise (1-3)

    Farm Info

    Irrigation Source: None

  • Listing Price Information

    Listing Id: 226048551 List Price: $4,999,000 List Price Tot SqFt: $454

  • Tax Information

    Parcel Number: 57-2073-17

  • Parking Information

    No Garage

  • Elementary School District: Berkeley Unified
    Junior High School District: Berkeley Unified
    Senior High School District: Berkeley Unified

  • Utility Information

    Electric, Sewer In & Connected, Other Electric: Other

  • Location Information

    Direction: University to Sacramento st to Berkeley way
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Acton St, Berkeley, CA, 94702 $1,600,000 5 4 1,922 1,922 SqFt
Acton St, Berkeley, CA, 94702 $1,599,999 5 4 2,000 2,000 SqFt
Acton Street, Berkeley, CA, 94702 $1,599,000 5 4 1,922 1,922 SqFt
Russell Street, Berkeley, CA, 94702 $1,199,000 2 2 1,088 1,088 SqFt
Russell Street, Berkeley, CA, 94702 $1,174,000 2 2 1,088 1,088 SqFt
Acton Street, Berkeley, CA, 94702 $1,549,990 3 3 1,922 1,922 SqFt
Acton Street, Berkeley, CA, 94702 $1,450,000 3 3 1,922 1,922 SqFt
Berkeley Way, Berkeley, CA, 94702 $4,990,000 -- -- 11,011 11,011 SqFt
Bancroft, Berkeley, CA, 94702 $929,000 2 2 1,224 1,224 SqFt
Acton St, Berkeley, CA, 94702 $1,790,000 5 4 1,922 1,922 SqFt

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ByOwner last updated this listing 06/04/2026 @ 10:00

MLS: 226048551 LISTED BY: Matthew Bingaman, Exp Commercial of California, Inc. SOURCE: MLS Metrolist

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