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1520-1522 Francisco St, Berkeley, CA, 94703
Duplex with Detached Garage

1520-1522 Francisco St Berkeley, CA 94703

For Sale
$1,000,000

MULTI_FAMILY - Berkeley, CA

Property Size1,405 SF
Lot Size0.13 Acres
Price / SF$711.74
Days on Market48

Property Features for 1520-1522 Francisco St

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Garage
Exterior features Back Yard
Appliances Dryer, Washer
Standard status Active
APN 58215026
Size 1,405 SF
Lot size 0.13 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1942
Number of units 2
Flooring type Tile, Wood
Building materials Stucco
Listing Agency: Redfin
Listed By: Lin Shao · License #02038131
Added: Jun 12 Changed: Jul 12 Last Checked: Jul 29 at 10:06AM
MLS# 41138211

Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex consists of two identical, flipped floor plans, each configured as 1 bedroom and 1 bathroom. The property also benefits from a detached garage that provides secure parking and additional storage, along with access to street parking. Per the seller’s remarks, each unit has a Home Energy Score of 10, with Unit 1520 and Unit 1522 both listed at 10.

Located in Berkeley (Alameda County), the property is described as having quick, easy access to public transportation and convenient commuting throughout the Bay Area, including San Francisco. The remarks also note proximity to local shops and dining, with access to the city’s broader amenities.

For buyers, the layout supports flexibility between ownership use and rental income. With one unit currently tenant-occupied and the other vacant, the duplex can accommodate an owner-occupant move-in right away, or provide an investor the option to renovate or upgrade the vacant unit. The two matching units are designed to offer consistent functionality across the property, supported by the detached garage and storage benefits for day-to-day tenant needs.

Key Highlights

  • Charming Berkeley duplex built in 1942 with 2 identical 1 bd/1 bth units
  • Unit 1520 and Unit 1522 share flipped floor plans designed to maximize space and utility
  • One unit is currently tenant‑occupied while the other unit is vacant

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $48.1k $34.20
− Vacancy −$2.5k −$1.78
EGI $45.6k $32.42
− OpEx −$13.7k −$9.73
NOI $31.9k $22.70
1,405 SF · lease $34.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$455.5K
$398.6K – $531.5K (±1% cap)
NOI $31,887 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$398.9K
$349.1K – $465.4K (±1% cap)
NOI $27,926 @ 7.0% cap · market cap 2.79%
Theoretical Best
Specialty Retail
$543.4K
$475.5K – $633.9K (±1% cap)
NOI $38,036 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Cosmetic Store Fish Market Butcher Electrical Service HVAC Service

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Two identical 1-bed, 1-bath units with a detached garage; one unit is tenant-occupied and one is vacant.
Where is this duplex located?
The property is located at 1520-1522 Francisco St Berkeley, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Charming Berkeley duplex built in 1942 with 2 identical 1 bd/1 bth units; Unit 1520 and Unit 1522 share flipped floor plans designed to maximize space and utility; One unit is currently tenant‑occupied while the other unit is vacant
More about this property
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