Detached-Home
1115 Ward St, Berkeley, CA 94702
For Sale
New
$695,000
Residential Income, Berkeley, CA
Property Size1,746 SF
Lot Size0.08 Acres
Price / SF$398.05
Days on Market1
Property Features for 1115 Ward St
General Information
Property type
Property subtype
Zoning
Bedrooms
Rooms
Parking
Parking features
Interior features
Exterior features
Appliances
Subdivision
Lot features
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Flooring type
Building materials
Additional Structures
Buildings
Listing Agency:
Keller Williams Realty
(925) 934-2900
Listed By:
Joey Wang · License CA #01890931
(510) 592-5554
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 41153784
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.
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Investment Insights
Based on property information with market context.
This Berkeley duplex comprises two detached residences totaling 1,746 square feet on a 0.0803-acre lot. The single-level front home offers 983 square feet, three bedrooms, hardwood floors, a 22-foot living room and a dedicated laundry room. The two-story rear residence has 670 square feet, two bedrooms, exposed wood-beam ceilings, three 2026 skylights, an attached garage and its own laundry. Tandem driveway parking accommodates two vehicles.
Both homes are leased. Gas and water are separately metered, and each residence has a Home Energy Score of 6. The property is just off San Pablo Avenue and two blocks from San Pablo Park. It is zoned R-1.
Both homes are leased. Gas and water are separately metered, and each residence has a Home Energy Score of 6. The property is just off San Pablo Avenue and two blocks from San Pablo Park. It is zoned R-1.
Key Highlights
- Two detached residences totaling 1,746 square feet on a 0.0803‑acre lot
- 983‑square‑foot, single‑level front home with 3 bedrooms and dedicated laundry
- 670‑square‑foot, two‑story rear home with 2 bedrooms, attached garage and laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,626
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,520
$792.5K
Cap Rate 7%
$566,086
$566.1K
Cap Rate 9%
$440,289
$440.3K
Market Conditions
NOI Build-Up for 1,746 SF
Gross rent
$59.7K $34.20/SF
− Vacancy
−$3.1K −$1.78/SF
EGI
$56.6K $32.42/SF
− OpEx
−$17.0K −$9.73/SF
NOI
$39.6K $22.70/SF
Area
Berkeley, CA
Vacancy
5.20%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,520
Cap Rate 7%
$566,086
Cap Rate 9%
$440,289
Alternative Uses
Best Use
Multifamily LT 5
$566.1K
$495.3K – $660.4K
NOI $39,626 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$495.8K
$433.8K – $578.4K
NOI $34,703 @ 7.0% cap · market cap 4.99%
Theoretical Best
Specialty Retail
$675.3K
$590.9K – $787.8K
NOI $47,268 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,260
Businesses Nearby
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Business Placement
Demographics for 94702, CA
17,637
Population
8,209
Households
2.1
Avg Household Size
39
Median Age
65%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
13,567
Density / Sq Mi
$99,135
Median Household Income
$66,516
Median Earnings
$1,974
Median Rent
$1,168,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Berkeley, CA
Properties on Market for Duplexes in Berkeley
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased residences have separate laundry facilities, with gas and water individually metered.
Where is this duplex located?
The property is located at 1115 Ward St Berkeley, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two detached residences totaling 1,746 square feet on a 0.0803‑acre lot; 983‑square‑foot, single‑level front home with 3 bedrooms and dedicated laundry; 670‑square‑foot, two‑story rear home with 2 bedrooms, attached garage and laundry
