Seven-Unit Apartment
1728 7th ST Berkeley, CA 94710
1728 7th ST, Berkeley, CA, 94710
$2,768,000
For Sale
$2,768,000
MULTI_FAMILY - Berkeley, CA
Property Size4,512 SF
Lot Size0.14 Acres
Price / SF$613.48
Days on Market46
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
- 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
- Carpet, Hardwood
- Building materials
- Stucco, Frame
Listing Agency
HOMECOIN.COM
(888) 400-2513
600 B St Ste 300, San Diego, CA
Listed by
Jonathan Minerick · License #5014919
(888) 400-2513
Added: Jun 5 Updated: Jul 12 at 5:32 am Checked: Jul 20 at 7:06 pm
MLS# 41137337
Listing URL
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.
This property is a seven-unit apartment building offering five two-bedroom units and two one-bedroom units. Recent upgrades include a new electric main, a new roof, a new gated automatic entry, updated tiling, a newly refreshed driveway, and fresh interior/exterior painting. Five of the units have additional interior improvements, including new flooring, double-pane windows, and recessed lighting.
The building is located in Berkeley, CA, on 7th St. Public remarks note easy access to I-80 and proximity to the Fourth Street shopping district, which is described as pedestrian friendly. The property is also noted as close to BART and UC Berkeley.
For investors or owner-operators seeking a small multifamily asset, the unit mix supports a range of tenant needs across one- and two-bedroom floorplans. The documented exterior work and partial unit upgrades can help reduce near-term capital concerns, while the combination of updated entries and windows supports a more modern, maintained tenant experience.
The building is located in Berkeley, CA, on 7th St. Public remarks note easy access to I-80 and proximity to the Fourth Street shopping district, which is described as pedestrian friendly. The property is also noted as close to BART and UC Berkeley.
For investors or owner-operators seeking a small multifamily asset, the unit mix supports a range of tenant needs across one- and two-bedroom floorplans. The documented exterior work and partial unit upgrades can help reduce near-term capital concerns, while the combination of updated entries and windows supports a more modern, maintained tenant experience.
Key Highlights
- 7‑unit multifamily building: 5 two‑bedroom units and 2 one‑bedroom units
- New electric main and new roof; gated automatic entry; freshly painted exterior and updates including new tiling and driveway
- Five upgraded units with new flooring, double‑pane windows, and recessed lighting
Local 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 | $171.6k | $38.04 |
| − Vacancy | −$8.6k | −$1.90 |
| EGI | $163.1k | $36.14 |
| − OpEx | −$73.4k | −$16.26 |
| NOI | $89.7k | $19.88 |
4,512 SF · lease $38.04/SF/yr · vacancy 5.00% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Updated seven-unit building with a mix of one- and two-bedroom layouts and recent exterior and interior improvements.
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: 7‑unit multifamily building: 5 two‑bedroom units and 2 one‑bedroom units; New electric main and new roof; gated automatic entry; freshly painted exterior and updates including new tiling and driveway; Five upgraded units with new flooring, double‑pane windows, and recessed lighting
