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968 Addison St Berkeley, CA 94710

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For Sale
$3,996,000

18-unit multifamily property near UC Berkeley and Fourth Street.

Type:Multifamily
Property size:
11,480 SF
Lot size:
0.50 Acres
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 5:36 am

Property Features for 968 Addison St

General Information

Standard status
Active
Size
11,480 SF
Lot size
0.50 Acres
Property subtype
Multifamily

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Listing Contact
Adam Levin

Listing agent Adam Levin License #CA: 01462752

Listing office Palo Alto Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 Palo Alto Office


Overview

Berkeley Multifamily Investment Opportunity

The property at 968 Addison St, Berkeley, CA, presents an opportunity to acquire an 18-unit multifamily asset. The property is situated on just under a half-acre of land and features approximately 11,480 square feet of gross building area. The units consist of well-designed one- and two-bedroom floor plans, complemented by private parking. Select units also offer in-unit washer/dryers. Located 1.7 miles from the University of California, Berkeley, the property is within walking distance of West Berkeley’s Fourth Street commercial corridor, which features shops and eateries. Residents have convenient access to San Francisco and the greater Bay Area, with proximity to tech employers, including Google, Apple, Meta, IBM, LinkedIn, Microsoft, Intel, Adobe, Cisco, and Yahoo. The location benefits from Berkeley’s employment fundamentals and low vacancy rates, making it an attractive rental investment due to its proximity to major employers, transportation corridors, and lifestyle amenities.
Location Intelligence

Current Use by Public Records

Apartment buildings

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Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Berkeley
County
Alameda
State
California
Longitude
-122.2943939
Latitude
37.8670595

FAQs

What type of property is this?
Apartment building - 18-unit multifamily property near UC Berkeley and Fourth Street.
Where is this apartment building located?
The property is located at 968 Addison St Berkeley, CA.
What is the asking price?
The asking price for this property is $3,996,000.
What are key features of this property?
This property features: Prime location near UC Berkeley, ensuring a consistent tenant pool.; Strong rental investment potential due to Berkeley's robust employment market and low vacancy rates.; Convenient access to major tech employers in the Bay Area and transportation corridors.
More about this property
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