1507 Prince St, Berkeley, CA 94703

Building Details

Year Built

1930

Listing agent Willem Bos Show Phone

Listing office COMPASS w***@bosgroupcre.com Show Phone

Listing date Apr 24, 2026

Source Elliman

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Overview

This mixed-use investment property located at 1507 Prince Street in Berkeley features a total of 13 units across two buildings. The property includes four ground-floor retail suites with frontage along Sacramento Street, nine residential units, and a detached Victorian-style home. The residential units consist of seven one-bedroom, one-bath units, one two-bedroom, one-bath unit, and a four-bedroom, two-bath single-family home. A gated parking lot with approximately five spaces is included. The property is situated in South Berkeley, offering visibility, walkable neighborhood amenities, and proximity to BART, major freeways, Downtown Berkeley, and the University of California, Berkeley. The location has a bike score of 93, indicating it is a biker's paradise, a walk score of 86, indicating it is very walkable, and a transit score of 71, indicating excellent transit options. Recent electrical and plumbing upgrades have been completed. Retail tenants are long-term operators with interest in longer lease terms, and residential rents are below market.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

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

Location Insight

• Map
• Local Demand

City

Berkeley

County

Alameda

State

California

Longitude

-122.2783669

Latitude

37.8517981

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FAQs

What type of property is this?

Mixed-use property - Mixed-use property with retail and residential units in South Berkeley.

Where is this mixed-use property located?

The property is located at 1507 Prince St Berkeley, CA.

What is the asking price?

The asking price for this property is $2,850,000.

What are key features of this property?

This property features: Strong 7.46% Cap Rate and 8.6 GRM with durable in‑place income.; Prime South Berkeley location with excellent visibility, walkable amenities, and proximity to BART, freeways, and UC Berkeley.; Mixed‑use property with four ground‑floor retail suites and nine residential units, plus a detached Victorian‑style home, providing a diversified income stream.