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Triplex with Accessory Dwelling Unit
New
For Sale
$1,250,000

1709 Sacramento St, Berkeley, CA 94702

A permitted, vacant three-bedroom residence complements two occupied units in this three-unit property.

Property Size1,920 SF
Lot Size0.16 Acres
Price / SF$651.04
Days on Market4

Property Features for 1709 Sacramento St

General Information

Standard status Active
Size 1,920 SF
Total Parking Spaces 1
Lot size 0.16 Acres
Property subtype Residential Income
Zoning R-2

Financials

Asking Price $1,250,000
Cap Rate 4.4%
Gross Income $98,748
Gross Rent Multiplier 12.7

Site & Location

Neighborhood North Berkeley
Road Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3BR/2BA, 1 x studio
Multifamily Units 3

Additional Details

Tenant in Place Yes

Amenities

Heat Pump
Floor Furnace, Heat Pump, Wall Furnace
Storage Space, Unfinished
Dryer, Washer, Electric Water Heater, Gas Water Heater
Wood
Off Street, Parking Lot
Garden

Building Details

Building Size 1,920 SF
Year Built 1925
Construction Craftsman
Listing Agency: Keller Williams Realty Walnut Creek
Listed By: Joey Wang · License #01890931
Source: Evrealestate
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 24 at 6:08PM

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 Keller Williams Realty Walnut Creek

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Investment Insights

Based on property information with market context.

This three-unit property combines a Craftsman duplex built in 1925 with a permitted accessory dwelling unit completed in 2024. The ADU contains 993 square feet, with three bedrooms, two bathrooms, a heat pump, solar, an induction kitchen, and in-unit laundry. The front Craftsman residence has three bedrooms and two bathrooms; an upper-level studio completes the unit mix. Both duplex units are occupied, while the ADU is vacant. The property sits on a 7,130-square-foot lot.

North Berkeley BART is across Sacramento Street. The property has a 4.4% cap rate and a 12.7 GRM.

Key Highlights

  • Three‑unit property on a 7,130‑square‑foot lot
  • Permitted 2024 ADU has 993 square feet, 3 bedrooms, and 2 bathrooms
  • ADU features a heat pump, solar, an induction kitchen, and in‑unit laundry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,575
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,500 $871.5K
Cap Rate 7%
$622,500 $622.5K
Cap Rate 9%
$484,167 $484.2K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$65.7K $34.20/SF
− Vacancy
−$3.4K −$1.78/SF
EGI
$62.2K $32.42/SF
− OpEx
−$18.7K −$9.73/SF
NOI
$43.6K $22.70/SF
Area
Berkeley, CA
Vacancy
5.20%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,500
Cap Rate 7%
$622,500
Cap Rate 9%
$484,167

Alternative Uses

Best Use
Multifamily LT 5
$622.5K
$544.7K – $726.3K (±1% cap)
NOI $43,575 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$545.2K
$477.0K – $636.0K (±1% cap)
NOI $38,162 @ 7.0% cap · market cap 3.05%
Theoretical Best
Specialty Retail
$742.5K
$649.7K – $866.3K (±1% cap)
NOI $51,978 @ 7.0% cap · market cap 4.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,321
Businesses Nearby

Demographics for 94702, CA

17,637
Population
8,209
Households
2.1
Avg Household Size
39
Median Age
65%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
13,567
Density / Sq Mi
$99,135
Median Household Income
$66,516
Median Earnings
$1,974
Median Rent
$1,168,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - A permitted, vacant three-bedroom residence complements two occupied units in this three-unit property.
Where is this triplex located?
The property is located at 1709 Sacramento St Berkeley, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three‑unit property on a 7,130‑square‑foot lot; Permitted 2024 ADU has 993 square feet, 3 bedrooms, and 2 bathrooms; ADU features a heat pump, solar, an induction kitchen, and in‑unit laundry
More about this property
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