7-Unit Apartment
For Sale
$2,768,000
1728 7th ST, Berkeley, CA 94710
Residential Income, Berkeley, CA
Property Size4,512 SF
Lot Size0.14 Acres
Price / SF$613.48
Days on Market139
Property Features for 1728 7th ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street, Carport
Security features
Security
Appliances
Tankless Water Heater
Subdivision
Not Listed
Lot features
Irregular Lot
Standard status
Active
APN
58211913
Size
4,512 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Building Details
Year built
1963
Flooring type
Hardwood, Carpet
Building materials
Stucco, Frame
Listing Agency:
HOMECOIN.COM
Listed By:
Jonathan Minerick
(888) 400-2513
Added: Jun 5
Changed: Sep 16
Last Checked: Oct 21 at 8:06AM
MLS# 41137337
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.
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Investment Insights
Based on property information with market context.
This 4,512-square-foot apartment property contains seven units: five two-bedroom residences and two one-bedroom residences. Built in 1963, the building features stucco and frame construction, carpet and hardwood flooring, wall furnaces, a tankless water heater, public water, and public sewer. Parking includes a carport and off-street spaces.
Recent property improvements include a new electric main, roof, gated automatic entry, tile work, driveway, and exterior paint. Five units have received interior updates, including new flooring, double-pane windows, and recessed lighting.
The property is located in Berkeley near I-80, Fourth Street shopping, the Berkeley Marina, BART, and UC Berkeley.
Recent property improvements include a new electric main, roof, gated automatic entry, tile work, driveway, and exterior paint. Five units have received interior updates, including new flooring, double-pane windows, and recessed lighting.
The property is located in Berkeley near I-80, Fourth Street shopping, the Berkeley Marina, BART, and UC Berkeley.
Key Highlights
- Seven units: 5 two‑bedrooms and 2 one‑bedrooms
- 4,512 square feet on a 0.1377‑acre lot
- Five units upgraded with flooring, double‑pane windows, and recessed lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,680
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,793,600
$1.8M
Cap Rate 7%
$1,281,143
$1.3M
Cap Rate 9%
$996,444
$996.4K
Market Conditions
NOI Build-Up for 4,512 SF
Gross rent
$171.6K $38.04/SF
− Vacancy
−$8.6K −$1.90/SF
EGI
$163.1K $36.14/SF
− OpEx
−$73.4K −$16.26/SF
NOI
$89.7K $19.88/SF
Area
Berkeley, CA
Vacancy
5.00%
Lease Rate
$38.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,793,600
Cap Rate 7%
$1,281,143
Cap Rate 9%
$996,444
Alternative Uses
Best Use
Apartment 5plus
$1.28M
$1.12M – $1.49M
NOI $89,680 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.74M
$1.53M – $2.04M
NOI $122,149 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
7
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,205
Businesses Nearby
Explore this area
Business Placement
Demographics for 94710, CA
9,552
Population
4,105
Households
2.3
Avg Household Size
38
Median Age
65%
College-Educated
92%
High-School Grad
2.2 sq mi
ZIP Area
4,342
Density / Sq Mi
$118,007
Median Household Income
$67,117
Median Earnings
$2,546
Median Rent
$1,084,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit multifamily property with recent exterior improvements and upgraded interiors in a transit-accessible Berkeley setting.
Where is this apartment building located?
The property is located at 1728 7th ST Berkeley, CA.
What is the asking price?
The asking price for this property is $2,768,000.
What are key features of this property?
This property features: Seven units: 5 two‑bedrooms and 2 one‑bedrooms; 4,512 square feet on a 0.1377‑acre lot; Five units upgraded with flooring, double‑pane windows, and recessed lighting
