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    1360 Berkeley Way Berkeley, CA 94702

    For Sale
    $4,990,000

    Well-maintained 1920s apartment building near North Berkeley BART.

    Property size:
    11,011 SF

    Property Features for 1360 Berkeley Way

    General Information

    Standard status
    Active
    Size
    11,011 SF

    Building Details

    Year built
    1929

    Source: EXP REALTY OF CALIFORNIA Agent GAURI KOHLI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Berkeley Multifamily Investment Opportunity

    Located in a desirable Berkeley neighborhood, 1360 Berkeley Way presents an opportunity to acquire a multifamily property. This 1920s apartment building features a unit mix of 11 one-bedroom units, 7 studios, and 1 two-bedroom penthouse, generating nearly $45,000 in monthly rental income. The property is located blocks from North Berkeley BART station, offering walkability and access to public transit, appealing to students, professionals, and long-term residents. The building has been well maintained and benefits from recent capital improvements, including a new roof, updated electrical systems, renovated units, new boiler, water heater, dual-pane windows, and fresh exterior paint. Interior modernization and operational upgrades present further value-add potential. The property has a total size of 11011 square feet and offers consistent occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mr. Fix-it All Painter

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Berkeley
    County
    Alameda
    State
    California
    Longitude
    -122.2852326
    Latitude
    37.870558

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 1920s apartment building near North Berkeley BART.
    Where is this apartment building located?
    The property is located at 1360 Berkeley Way Berkeley, CA.
    What is the asking price?
    The asking price for this property is $4,990,000.
    What are key features of this property?
    This property features: - Prime location in a desirable Berkeley neighborhood, blocks from North Berkeley BART.; - Strong in-place income with nearly $45,000 monthly rental income.; - Significant long-term upside potential through interior modernization and operational upgrades.
    Request Owner's contact information
    1360 Berkeley Way Berkeley, CA 94702
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    Berkeley, CA 94702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1360 Berkeley Way Berkeley, CA 94702
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