Berkeley Triplex with Spanish Revival

1544 Channing Way, Berkeley, CA 94703

View on Map

Pending

$1,150,000

MULTI_FAMILY - Berkeley, CA

Property size:

3,699 SF

Lot size:

0.08 Acres

HighLights

1931 Spanish Revival triplex with three side‑by‑side two‑level units, approx. 1,241 SF each (per provided info).
2‑bedroom‑plus‑flex layouts with two baths, walk‑in closets, balconies, and individual attached garages for each unit.
Fully separately metered utilities: gas, electric, and water, plus in‑unit washer/dryer in all three units.
Updated interiors include quartz‑style kitchens, hardwood floors, skylights, and fresh paint inside a distinctive period exterior.
Public utilities: public water and public sewer; central heating; off‑street parking and garage parking available.

We can help!

Contact an agent

Joey Wang

Pending

$1,150,000

MULTI_FAMILY - Berkeley, CA

Property size:

3,699 SF

Lot size:

0.08 Acres

Added:: May 13, 2026
Days on Market:: 47
Last Refresh:: Jun 28 at 5:06 am

Property Features for 1544 Channing Way

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R-2
Bedrooms: 6
Rooms: Bedroom 6, Bedroom 5, Bedroom 4, Bedroom 1, Basement, Bedroom 2, Bedroom 3
Parking features: Off Street, Garage
Exterior features: Front Yard, Side Yard
Appliances: Dryer, Washer, Gas Water Heater
Standard status: Pending
APN: 55191338
Size: 3,699 SF
Lot size: 0.08 Acres

Utilities

Sewer type: Public Sewer
Heating system: Central
Water source: Public

Building Details

Year built: 1931
Flooring type: Hardwood, Vinyl, Carpet, Tile
Building materials: Stucco

We can help!

Contact an agent

Joey Wang

Listing agent Joey Wang License #01890931

Listing office Keller Williams Realty 201 N Civic Drive, Suite 130, Walnut Creek, CA

Listing date May 13, 2026

MLS# 41134520 Listing URL

HighLights

1931 Spanish Revival triplex with three side‑by‑side two‑level units, approx. 1,241 SF each (per provided info).
2‑bedroom‑plus‑flex layouts with two baths, walk‑in closets, balconies, and individual attached garages for each unit.
Fully separately metered utilities: gas, electric, and water, plus in‑unit washer/dryer in all three units.
Updated interiors include quartz‑style kitchens, hardwood floors, skylights, and fresh paint inside a distinctive period exterior.
Public utilities: public water and public sewer; central heating; off‑street parking and garage parking available.

Overview

The property at 1544 Channing Way is a 1931 Spanish Revival triplex situated on a quiet bicycle boulevard in Berkeley, a few blocks from UC Berkeley. The building features three side-by-side, two-level units, each approximately 1,241 square feet. Each unit has a 2-bedroom-plus-flex layout, two baths, walk-in closets, balconies, and an individual attached garage. The interiors have been updated with quartz-style kitchens, hardwood floors, skylights, and fresh paint. The exterior retains its period character, with a stepped parapet and terra cotta detailing. Each of the three units is separately metered for gas, electric, and water, and includes in-unit laundry. One unit will be delivered vacant, while the other two are currently leased at approximately $4,800 per month combined. The property is move-in ready, suitable for an owner-occupier or a first-time multifamily investor seeking immediate income in a supply-constrained Berkeley submarket. The lot size is 0.0843 acres. The property's total size is 3,699 square feet. The zoning is R-2.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$126.5k	$34.20
− Vacancy	−$6.6k	−$1.78
EGI	$119.9k	$32.42
− OpEx	−$36.0k	−$9.73
NOI	$83.9k	$22.70

3,699 SF · lease $34.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.20M

$1.05M – $1.40M (±1% cap)

NOI $83,949 @ 7.0% cap · market cap 7.30%

Second Best

Apartment 5plus

$1.05M

$919.0K – $1.23M (±1% cap)

NOI $73,521 @ 7.0% cap · market cap 6.39%

Theoretical Best

Specialty Retail

$1.43M

$1.25M – $1.67M (±1% cap)

NOI $100,139 @ 7.0% cap · market cap 8.71%

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

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Berkeley
County: Alameda
State: California
Longitude: -122.279349
Latitude: 37.864154

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For sale
Triplexes
CA
Berkeley
94703
1544 Channing Way

What type of property is this?

Triplex - 1931 Spanish Revival triplex near UC Berkeley.

Where is this triplex located?

The property is located at 1544 Channing Way Berkeley, CA.

What is the asking price?

The asking price for this property is $1,150,000.

What are key features of this property?

This property features: 1931 Spanish Revival triplex with three side‑by‑side two‑level units, approx. 1,241 SF each (per provided info).; 2‑bedroom‑plus‑flex layouts with two baths, walk‑in closets, balconies, and individual attached garages for each unit.; Fully separately metered utilities: gas, electric, and water, plus in‑unit washer/dryer in all three units.

1544 Channing Way, Berkeley, CA 94703

MULTI_FAMILY - Berkeley, CA

Property Features for 1544 Channing Way

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Seven-Unit Apartment Building

Fully Leased 22-Unit Apartment

Historic Multifamily Estate

Well-Maintained 8-Unit Apartment Building

Berkeley Multifamily Investment Opportunity

Mixed-Use 7-Unit Property with Commercial

Duplex with Detached Garage

Mixed-Use Apartment and Retail Building

Berkeley Multifamily Investment Opportunity

Vacant Triplex with Fenced Yard

Berkeley Office Building with Parking

Updated Victorian Fourplex in Berkeley

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