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Well-Maintained 8-Unit Apartment Building
For Sale
$2,900,000
Pending

1671 Arch, Berkeley, CA 94709

MULTI_FAMILY - Berkeley, CA

Property Size5,749 SF
Lot Size0.15 Acres
Days on Market49

Property Features for 1671 Arch

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking 7
Parking features Parking Lot, Carport
Fireplace 1
Appliances Dryer, Washer, Gas Water Heater
Subdivision NORTH CAMPUS
Lot features Rectangular Lot
Standard status Pending
APN 58218720
Size 5,749 SF
Lot size 0.15 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace, Forced Air, Natural Gas
Water source Public

Amenities

on-site laundry

Building Details

Year built 1945
Flooring type Tile, Linoleum, Hardwood, Carpet
Building materials Stucco
Listing Agency: Winkler Real Estate Group
Listed By: Bill Grimason
Added: Jun 18 Changed: Aug 4 Last Checked: Aug 5 at 8:06PM
MLS# 41138833

Copyright © 2026 bridgeMLS. 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.

Well-maintained 8-unit apartment building built in 1945 with parking and storage. The property includes a back building (Unit 8) described as a mid-century free-standing structure with parking and storage on the bottom level, plus living space on the second and third levels. Unit 8 features a fireplace, a deck, and an in-unit washer and dryer. The front building includes additional unit offerings; Unit 1 is described with a fireplace, hardwood floors with in-lays, and a garage. Laundry is available in a designated laundry area with an owned coin-operated washer and dryer, and laundry arrangements vary by unit.

The unit mix includes two 2-bedroom 2 1/2-bath units, two 2-bedroom 1-bath units, three 1-bedroom units, and two studio units. All units are separately for PG&E. An elastomeric covering was installed on the front building’s roof in June 2026. Electrical main panels are described as Siemens or General Electric, and the building is described as fully insured for property and liability.

Located in a quiet North Campus area of single-family homes and small multi-unit buildings, the property is just over a block away from UC Berkeley.

Key Highlights

  • 8 units in two‑building configuration with parking and storage
  • Front building roof elastomeric covering installed June 2026
  • Unit mix: two 2‑bedroom 2 1/2‑bath, two 2‑bedroom 1‑bath, three 1‑bedroom, two studio units

Financial Insights For Apartment 5plus

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 $218.7k $38.04
− Vacancy −$10.9k −$1.90
EGI $207.8k $36.14
− OpEx −$93.5k −$16.26
NOI $114.3k $19.88
5,749 SF · lease $38.04/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.63M
$1.43M – $1.90M (±1% cap)
NOI $114,267 @ 7.0% cap · market cap 3.94%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$2.22M
$1.95M – $2.59M (±1% cap)
NOI $155,637 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Furniture & Home Goods Cosmetic Store (Bike/Boat/Book/etc) Store Skin Care Clinic Nursing Home Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

3,715
Businesses Nearby

Demographics for 94709, CA

12,514
Population
6,139
Households
2
Avg Household Size
29
Median Age
80%
College-Educated
96%
High-School Grad
0.7 sq mi
ZIP Area
17,877
Density / Sq Mi
$95,223
Median Household Income
$42,958
Median Earnings
$1,988
Median Rent
$1,240,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 8-unit apartment building built in 1945 with parking, storage, and on-site laundry facilities.
Where is this apartment building located?
The property is located at 1671 Arch Berkeley, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 8 units in two‑building configuration with parking and storage; Front building roof elastomeric covering installed June 2026; Unit mix: two 2‑bedroom 2 1/2‑bath, two 2‑bedroom 1‑bath, three 1‑bedroom, two studio units
More about this property
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