Multifamily Property with
For Sale
$1,049,000
1152 Francisco St, Berkeley, CA 94702
Three vacant residences include a duplex and a separate cottage with flexible household or rental configurations.
Property Size1,957 SF
Price / SF$536.02
Days on Market55
Property Features for 1152 Francisco St
General Information
Standard status
Active
Size
1,957 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Amenities
patios
garden areas
raised vegetable bed
bike-storage sheds
Building Details
Year Built
1921
Buildings
2
Listing Agency:
KW Advisors East Bay
(510) 775-1079
Listed By:
Declan Spring · License #01398898
(415) 446-8591
Source:
Exitrealty
Added: Aug 22
Changed: Sep 4
Last Checked: Sep 15 at 4:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Advisors East Bay
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Investment Insights
Based on property information with market context.
This Berkeley multifamily property comprises a duplex and a separate ADU cottage on an oversized lot. Both duplex residences offer 2 bedrooms and 1 bathroom, while the 1-bedroom, 1-bath ADU includes an updated kitchen and its own laundry room. All three homes are vacant, allowing the next owner to evaluate the property’s configuration for personal use, multigenerational living, guests, or separate occupancy.
Outdoor and accessory improvements include patios, garden areas, a raised vegetable bed, bike-storage sheds, and abundant off-street parking. A detached two-car garage adds covered parking, storage, or project space. The property is located at 1152 1156 Francisco St in Berkeley, 0.6 miles from North Berkeley BART, 4 blocks from Cedar Rose Park, and 3 blocks from Acme Bread. Monterey Market, cafés, shops, restaurants, and the Ohlone Greenway are also nearby. The home dates to 1921.
Outdoor and accessory improvements include patios, garden areas, a raised vegetable bed, bike-storage sheds, and abundant off-street parking. A detached two-car garage adds covered parking, storage, or project space. The property is located at 1152 1156 Francisco St in Berkeley, 0.6 miles from North Berkeley BART, 4 blocks from Cedar Rose Park, and 3 blocks from Acme Bread. Monterey Market, cafés, shops, restaurants, and the Ohlone Greenway are also nearby. The home dates to 1921.
Key Highlights
- Three vacant residences: a duplex plus a separate ADU cottage
- Duplex includes two 2‑bedroom, 1‑bath units
- ADU provides 1 bedroom and 1 bath, with an updated kitchen and separate laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,414
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$888,280
$888.3K
Cap Rate 7%
$634,486
$634.5K
Cap Rate 9%
$493,489
$493.5K
Market Conditions
NOI Build-Up for 1,957 SF
Gross rent
$66.9K $34.20/SF
− Vacancy
−$3.5K −$1.78/SF
EGI
$63.4K $32.42/SF
− OpEx
−$19.0K −$9.73/SF
NOI
$44.4K $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%
$888,280
Cap Rate 7%
$634,486
Cap Rate 9%
$493,489
Alternative Uses
Best Use
Multifamily LT 5
$634.5K
$555.2K – $740.2K
NOI $44,414 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$555.7K
$486.2K – $648.3K
NOI $38,897 @ 7.0% cap · market cap 3.71%
Theoretical Best
Specialty Retail
$756.9K
$662.3K – $883.0K
NOI $52,980 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,344
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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three vacant residences include a duplex and a separate cottage with flexible household or rental configurations.
Where is this multifamily property located?
The property is located at 1152 Francisco St Berkeley, CA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Three vacant residences: a duplex plus a separate ADU cottage; Duplex includes two 2‑bedroom, 1‑bath units; ADU provides 1 bedroom and 1 bath, with an updated kitchen and separate laundry room
