1626 Dwight Way, Berkeley, CA 94703

$4,495,000
12,832
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$4,495,000
MLS#
82064817
Property Type
Multifamily
Sqft. of Residence
12,832
Lot Size
15,240
Region
Berkeley Map Area 8
Status
ACTIVE
County
Alameda
Acres
0.35
Year Built
1963
Parking Spaces
14

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.

Additional Information

Foundation
Concrete Perimeter
Living Area
12,832
Lot Size
15,240
Region
Berkeley Map Area 8
Roof
Composition
Zoning
MF

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Marcus & Millichap.

All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.