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Live-Work Multi-Unit Compound

1735 Tenth St Berkeley, CA 94710

1735 Tenth St, Berkeley, CA, 94710
$1,499,000
Pending
For Sale
$1,499,000
Pending

Three distinct residences with workshops and studios, set behind gates with a garden, fountain, pond, and upper deck.

Property Size4,384 SF
Days on Market55

Property Features for 1735 Tenth St

General Information

Standard status
Pending
Size
4,384 SF
Property subtype
Multi Family

Building Details

Year Built
1911
Listing agency Compass
Listed by Andrea Gordon · License #01233563
Source Exitrealty
Added: May 29 Updated: Jul 21 at 7:54PM Checked: Jul 21 at 7:54PM

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 Compass


Investment Insights

Based on property information with market context.

A circa 1911 live-work multi-unit compound offering three distinct living spaces that include workshops and studios, with flexibility to combine or reimagine the layout. The main residence features dramatic 12-foot ceilings, flexible loft-style living, multiple bedrooms and baths, kitchen and dining areas, a sauna, guest quarters, and expansive artist workshop space that has been used for clay and woodworking studios.

A separate front studio apartment includes a modern kitchen, full bath, sleeping loft, and woodstove. The upper apartment features three bedrooms, a full bath, a dine-in kitchen, a living room, and a separate entrance, along with abundant attic storage. Outdoor features include a garden setting behind wooden gates, lush landscaping, a fountain and pond, secluded sitting areas, and an expansive upper deck.

The property is positioned near Fourth Street, San Pablo Avenue, the Gilman District, and James Kenney Park. Offered for sale under BESO Exempt status as noted in the public remarks.

Key Highlights

  • Over 5,000 SF property originally built circa 1911 as the Domestic French Laundry
  • Configured as three distinct living spaces with workshops and studios that can be combined or reimagined
  • Main residence includes dramatic 12‑foot ceilings, multiple bedrooms and baths, kitchen and dining, sauna, and guest quarters

Local Financial Insights For Multifamily LT 5

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 $149.9k $34.20
− Vacancy −$7.8k −$1.78
EGI $142.1k $32.42
− OpEx −$42.6k −$9.73
NOI $99.5k $22.70
4,384 SF · lease $34.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.42M
$1.24M – $1.66M (±1% cap)
NOI $99,495 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $87,136 @ 7.0% cap · market cap 5.81%
Theoretical Best
Specialty Retail
$1.70M
$1.48M – $1.98M (±1% cap)
NOI $118,684 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Pharmacy Barber Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store HVAC Service Fish Market Parking Lot & Garage Skin Care Clinic

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

FAQs

What type of property is this?
Triplex - Three distinct residences with workshops and studios, set behind gates with a garden, fountain, pond, and upper deck.
Where is this triplex located?
The property is located at 1735 Tenth St Berkeley, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Over 5,000 SF property originally built circa 1911 as the Domestic French Laundry; Configured as three distinct living spaces with workshops and studios that can be combined or reimagined; Main residence includes dramatic 12‑foot ceilings, multiple bedrooms and baths, kitchen and dining, sauna, and guest quarters
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