Eight-Unit Multifamily Apartment
1671 Arch Berkeley, CA 94709
1671 Arch, Berkeley, CA, 94709
$2,900,000
Pending
For Sale
$2,900,000
Pending
MULTI_FAMILY - Berkeley, CA
Property Size5,749 SF
Lot Size0.15 Acres
Days on Market32
Property Features for 1671 Arch
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 7
- Parking features
- Carport, Parking Lot
- Fireplace
- 1
- Appliances
- Dryer, Washer, Gas Water Heater
- Standard status
- Pending
- APN
- 58218720
- Size
- 5,749 SF
- Lot size
- 0.15 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Wall Furnace, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1945
- Flooring type
- Hardwood, Carpet, Tile, Linoleum
- Building materials
- Stucco
Listing Agency
Winkler Real Estate Group
(510) 528-2200
1215 Solano Ave, Albany, CA
Listed by
Bill Grimason
(510) 326-5800
Added: Jun 18 Checked: Jul 19 at 7:06 pm
MLS# 41138833
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This eight-unit multifamily property is well maintained and has been cared for and continually improved by the same owner for over 60 years. The building mix includes a two-bedroom, two-and-a-half-bath unit in the rear of the lot, two additional two-bedroom, one-bath units, three one-bedroom units, and two studio units. Laundry is provided with an owned coin-operated washer and dryer, and Unit 8 also has an in-unit washer and dryer. The roof of the front building received an elastomeric covering in June 2026.
The property sits in a quiet area of single-family homes and small multi-unit buildings with character, described as being just over a block away from UC Berkeley in North Campus. Parking and storage are located on the bottom level of the rear, free-standing Unit 8 building. Unit 8 features a mid-century layout with a deck on the second floor and two bedrooms on the third level, each with en-suite baths and additional decks.
For tenants, the configuration supports a range of household sizes with multiple bedroom options and in-unit laundry available in Unit 8. For owners, the units are described as separately for PG&E, and the recent roof work and ongoing building upkeep are practical considerations for long-term operation. Unit 8 also includes a living room with a fireplace, while Apartment 1 is described as having a fireplace, hardwood floors with in-lays, and a modern forced-air heating system.
The property sits in a quiet area of single-family homes and small multi-unit buildings with character, described as being just over a block away from UC Berkeley in North Campus. Parking and storage are located on the bottom level of the rear, free-standing Unit 8 building. Unit 8 features a mid-century layout with a deck on the second floor and two bedrooms on the third level, each with en-suite baths and additional decks.
For tenants, the configuration supports a range of household sizes with multiple bedroom options and in-unit laundry available in Unit 8. For owners, the units are described as separately for PG&E, and the recent roof work and ongoing building upkeep are practical considerations for long-term operation. Unit 8 also includes a living room with a fireplace, while Apartment 1 is described as having a fireplace, hardwood floors with in-lays, and a modern forced-air heating system.
Key Highlights
- 8‑unit building built in 1945 with stucco construction, public water, and public sewer service
- Unit mix includes 2 two‑bedroom, 2.5‑bath units, 2 two‑bedroom, 1‑bath units, 3 one‑bedroom units, and 2 studio units
- Gross income reported at $247,441 per year, with all units separately for PG&E
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $218.7k | $38.04 |
| − Vacancy | −$10.9k | −$1.90 |
| EGI | $207.8k | $36.14 |
| − OpEx | −$93.5k | −$16.26 |
| NOI | $114.3k | $19.88 |
5,749 SF · lease $38.04/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.63M
$1.43M – $1.90M
NOI $114,267 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.22M
$1.95M – $2.59M
NOI $155,637 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained eight-unit building near UC Berkeley with separately metered utilities and dedicated laundry facilities.
Where is this apartment building located?
The property is located at 1671 Arch Berkeley, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 8‑unit building built in 1945 with stucco construction, public water, and public sewer service; Unit mix includes 2 two‑bedroom, 2.5‑bath units, 2 two‑bedroom, 1‑bath units, 3 one‑bedroom units, and 2 studio units; Gross income reported at $247,441 per year, with all units separately for PG&E
