1507 Prince St Berkeley, CA 94703
New
Mixed-use property with retail and residential units in South Berkeley.
Type:Investment
- Added:
- Apr 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 24 at 6:05 pm
Property Features for 1507 Prince St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1930
Listing agent Willem Bos (916) 698-9954
Listing office COMPASS (916) 698-9954
Listing date Apr 24, 2026
Source Elliman
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 COMPASS
Overview
Berkeley Mixed-Use Investment Opportunity
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.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Berkeley
- County
- Alameda
- State
- California
- Longitude
- -122.2783669
- Latitude
- 37.8517981
Nearby Similar for Sale
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.
