Listed By:
Stephanie Christmas with KW Advisors East Bay; 510-461-4663
Address
1246 Berkeley Way, Berkeley, CA
Price
$ 1,685,000
Property Attributes
  • MLS#41143329
  • TypeMulti-Family
  • Listing Status Active
  • CountyAlameda
  • CityBerkeley
  • NeighborhoodNORTH BERKELEY
  • Zip94702
  • Style
  • Year Built1966
  • Price$ 1,685,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.1951 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Welcome to 1246 Berkeley Way, presenting an opportunity to acquire a 7-unit multifamily apartment building in the heart of Berkeley, just off University Ave. Built in 1966 and spanning approximately 5,975 sqft of living space on an 8,497 sqft lot, this parcel offers two separate buildings with an ideal unit mix of five 3-bed x 1-bath units and two studio units. Studio unit A will be delivered vacant. There is off-street parking for 7 vehicles. Projected gross monthly rent is $14,662, or $175,944. Close proximity to The Berkeley Marina, North Berkeley BART, UC Berkeley, Berkeley Bowl, Restaurants and Shopping on 4th St, parks, public transportation, and the 80 Freeway makes it a turnkey investment opportunity in an incomparable location. Purchase individually or as part of a portfolio sale. Also available for sale is 5418 Telegraph Ave. Oakland (5 Unit), 712 56th St. Oakland (4 Unit), 3807 High St. Oakland (6 Unit).

Price History
7/30/2026 Listed $1,685,000

General Features

Heating Wall Furnace
Cooling None
Construction Materials Stucco,Wood Siding
Year Built 1966
Tenant Pays Gas
County Alameda
Property Type Residential Income
Subdivision Name NORTH BERKELEY
Status Active
Directions Cross Street: Chestnut.
City Berkeley
Number Of Units Total 7
Lot Size Units Square Feet
Lot Size Square Feet 8497
Standard Status Active
PostalCity BERKELEY

Interior Features

Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Lot Features Street Level
Total Parking 7
Lot Size Area 8497
Lot Size Acres 0.1951

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94702

Price
AVG $3.15M
$1.69M
Year Built
AVG 1939
1966

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