1507 Prince St

Beds
Baths
8,749 Sq. Ft.
$183 / Sq. Ft.
8,749
Sq. Ft.
$183
per Sq. Ft.

Description

11.72% Cash on Cash Return - Day One There is a 5 Bedroom, 2 Bath house that would be perfect for an Owner/User. Within walking distance to Ashby BART and close proximity to UC Berkeley, this property is the perfect opportunity for an investor wanting a great mixed use building in Berkeley, CA11.72% Cash on Cash Return - Day One There is a 5 Bedroom, 2 Bath house that would be perfect for an Owner/User. Within walking distance to Ashby BART and close proximity to UC Berkeley, this property is the perfect opportunity for an investor wanting a great mixed use building in Berkeley, CA
  1. Listed by Keith Manson • DRE #01490046 • CBRE

Property Details for 1507 Prince Street

City
BERKELEY
Building Type
Other
Property Sub Type
Other
Garage/Parking
Assigned Spaces
Total # Parking Spaces
5
LISTING UPDATED: 11/11/2016 03:04 PM

Property Details for 1507 Prince Street

StatusSold
MLS #40604384
Days on Compass12
Taxes$32,399 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1930
Lot Size0.19 AC / 8,317 SF
CountyAlameda County

Location

Listing Courtesy of CBRE, Keith Manson, DRE #01490046

Sold By Wheelhouse Investment Real Estate Brokerage Inc., Keith Manson, DRE #01490046

Add your commute

Building Information for 1507 Prince Street

Stories-Residences13Year Built1930Building Size-Lot Size0.19 AC / 8,317 SF

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$10,673 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,973

Property Taxes

$2,700

HOA Dues

$0

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Property Information for 1507 Prince Street

Features
Feature Details
  • Flooring: Hardwood Floors, Linoleum, Partial Carpeting
Utility Details
  • Cooling: None
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Stucco, Wood Siding
  • Lot Description: Corner
  • Lot Sq Ft Apx: 8317
  • Lot Size Square Feet: 8317.0
  • Roof: Composition Shingles, Rolled Composition
  • Sq Ft Apx: 8749
  • Year Built: 1930
Location Details
  • FIPS Code: 06001
  • Census Tract: 4240.01
  • Parcel Number: 53-1613-12
  • Board ID: QUATTRO San Francisco
Multi Family Information
General Details
  • All Units Have: Refrigerator
  • Units Total: 13
  • Basement: None
  • Separate Meters: Electric, Gas, Water
  • Tenant Pays: Electric, Gas
  • Total Deposits: $0
  • Financial Data Source: Owner
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 4
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Approx SqFt: 575
  • Unit # 1 Rent: 918.75
Unit 2
  • Unit 2 # Units This Type?: 2
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 # of Bedrooms: 2
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Approx SqFt: 850
  • Unit # 2 Rent: 1412.50
Unit 3
  • Unit 3 # Units This Type?: 2
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 # of Bedrooms: 1
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Approx SqFt: 700
  • Unit # 3 Rent: 1168.50
Unit 4
  • Unit 4 # Units This Type?: 1
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 # of Bedrooms: 5
  • Unit # 4 # of Bathrooms: 2
  • Unit # 4 Approx SqFt: 1600
  • Unit # 4 Rent: 2900
Unit 5
  • Unit 5 # Units This Type?: COMM 4
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 Approx SqFt: 650
  • Unit # 5 Rent: 1137.50
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • On Site Parking Description: Spaces - Assigned
  • Tot Ann Oper Exp: 60669.0
  • Total Deposits: 0
Income / Expense Details
  • Annual Exp Year: 60669
  • Annual Gross Sched Income: $195,444
  • Annual Insurance Expense: $3,968
  • Annual License Expense: $1,566
  • Annual Maint Expense: $6,500
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $0
  • Annual Rent Income: $185,672
  • Annual Taxes: $32,399
  • Annual Util Expense: $0
  • Annual Vacancy: 5.0
  • Gross Income: $185,672
  • Gross Operating Actual Income: $185,672
  • Gross Rent Multiplier: 8.95
  • Net Operating Income: $125,003
  • Other Annual Expense: $11,048
Other Financial Information
  • Cap Rate: 7.14
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1507 Prince Street

DateEvent & SourcePriceAppreciation
May 21, 2026

Withdrawn

MLSListings #EB41122900

$2,850,000
May 21, 2026

Withdrawn

EBRD #41122900

Feb 3, 2026

Listed (Active)

MLSListings #EB41122900

$2,850,000
DateEvent & SourcePrice
05/21/2026

Withdrawn

MLSListings #EB41122900

$2,850,000
05/21/2026

Withdrawn

EBRD #41122900

02/03/2026

Listed (Active)

MLSListings #EB41122900

$2,850,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1507 Prince Street

Taxable ValueLand$1,231,380Additions$739,197Total$1,970,577
Tax Record2025$46,527 ($3,877 / month)
Home Facts
Total Finished SqFt8,749 SqFtAbove Grade Finished SqFt8,749 SqFtStories2Lot Size8,317 SqFtStyleOffice BuildingYear Built1930CountyALAMEDAAPN53-1613-12

Schools near 1507 Prince Street

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Washington Elementary School
PublicK to 5

Berkeley Arts Magnet at Whittier School
PublicK to 5

Oxford Elementary School
PublicK to 5

Malcolm X Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of CBRE, Keith Manson, DRE #01490046

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.