1827 Berkeley Way

Berkeley, CA 94703

$2,275,000
Last Sold Price
—
Beds
—
Baths
3,169 Sq. Ft.
$718 / Sq. Ft.
3,169
Sq. Ft.
$718
per Sq. Ft.
Sold 6/27/25
Sold 6/27/25
a front view of a house with a garden

Description

Proud to present 1827 Berkely Way, Berkeley, CA—a prime multifamily investment opportunity in the City of Berkeley. Located at 1827 Berkeley Way, this fully occupied 9-unit apartment building offers a rare opportunity to own a turnkey asset in one of Berkeley’s most sought-after locations. Just three blocks from UC Berkeley and directly across the street from Trader Joe’s, the property features a desirable mix of (3) 1 Bed 1 Bath & (6) studios units. All units have been thoughtfully renovated over...Proud to present 1827 Berkely Way, Berkeley, CA—a prime multifamily investment opportunity in the City of Berkeley. Located at 1827 Berkeley Way, this fully occupied 9-unit apartment building offers a rare opportunity to own a turnkey asset in one of Berkeley’s most sought-after locations. Just three blocks from UC Berkeley and directly across the street from Trader Joe’s, the property features a desirable mix of (3) 1 Bed 1 Bath & (6) studios units. All units have been thoughtfully renovated over the years, ensuring strong tenant demand and minimal deferred maintenance. The property boasts a solid 5.24% cap rate and an 11.69 GRM, making it an ideal addition to any investor’s portfolio. This is a stabilized, income-producing asset in a prime walkable location, surrounded by amenities, transit, and consistent rental demand. As an added benefit, the seller is offering attractive financing—carrying a 5% interest-only note for 3 to 5 years with a 35% down payment—providing flexibility and ease of acquisition. With strong in-place cash flow, long-term upside, and rare seller terms, 1827 Berkeley Way is a compelling opportunity for investors seeking immediate returns in the heart of Berkeley.

Property Details for 1827 Berkeley Way

City
BERKELEY
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
No Parking
Total # Parking Spaces
0
LISTING UPDATED: 06/27/2025 04:44 PM

Property Details for 1827 Berkeley Way

StatusSold
MLS #41098638
Days on Compass22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1910
Lot Size0.11 AC / 4,791 SF
CountyAlameda County

Location

Listing Courtesy of Compass, Ken Wu, DRE #02131550; Compass, Ray Rodriguez, DRE #01999734

Sold By MLSListing, Jason Pugao, DRE #01908325

Add your commute

Building Information for 1827 Berkeley Way

Stories-Residences9Year Built1910Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$13,609 per month

30 year fixed, 6.28% Interest

Principal and Interest

$11,242

Property Taxes

$2,367

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1827 Berkeley Way

Features
Feature Details
  • Flooring: Hardwood, Laminate
  • Laundry: Laundry Room
Utility Details
  • Cooling: None
  • Heating: Wall Furnace
  • Water/Sewer: Other
Lot / Property Details
Property Details
  • Additional Equipment: Gas Water Heater, Carbon Mon Detector
  • City Transfer Tax: Yes
  • Exterior: Wood Frame, Stucco & Stone
  • Lot Description: Dead End, Landscaped
  • Lot Sq Ft Apx: 4791
  • Lot Size Square Feet: 4791.0
  • Roof: Other
  • Sq Ft Apx: 3169
  • Year Built: 1910
Location Details
  • Directions to Property: Martin Luther King Jr Way
  • FIPS Code: 06001
  • Census Tract: N
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 9
  • Basement: None
  • Tenant Pays: Other
  • Financial Data Source: Owner
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 6
  • Unit # 1 # of Bedrooms: 0
  • Unit # 1 # of Bathrooms: 1
Unit 2
  • Unit 2 # Units This Type?: 3
  • Unit # 2 # of Bedrooms: 1
  • Unit # 2 # of Bathrooms: 1
Building Details
  • Additional Features-Misc: Garden
  • Apx Lot Acres: 0
  • On Site Parking Description: None
  • Tot Ann Oper Exp: 70366.0
Income / Expense Details
  • Annual Rent Income: $196,800
  • Gross Rent Multiplier: 11.69
  • Net Operating Income: $120,530
Other Financial Information
  • Cap Rate: 5.24
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1827 Berkeley Way

DateEvent & SourcePriceAppreciation
Jun 27, 2025

Sold

EBRD #41098638

$2,275,000—
Jun 27, 2025

Sold

MLSListings #MR41098638

$2,275,000—
Jun 25, 2025

Sold (Public Record)

Public Record #1905085555

$2,275,000

+3.3% / yr

Jun 13, 2025

Pending

MLSListings #MR41098638

—
Jun 13, 2025

Pending

EBRD #41098638

—
May 22, 2025

Listed (Active)

EBRD #41098638

$2,300,000—
May 22, 2025

Listed (Active)

MLSListings #MR41098638

$2,300,000—
Jan 6, 2005

Sold

MLSListings #EB40042033

$1,180,000—
Jan 6, 2005

Sold

EBRD #40042033

$1,180,000—
Dec 20, 2004

Sold (Public Record)

Public Record #149578139

$1,180,000—
Oct 4, 2004

Pending

EBRD #40042033

—
Oct 4, 2004

Pending

MLSListings #EB40042033

—
Sep 22, 2004

Listed (Active)

EBRD #40042033

$1,180,000—
Sep 22, 2004

Listed (Active)

MLSListings #EB40042033

$1,180,000—
Sep 8, 2004

Expired

MLSListings #EB40021651

$1,180,000—
Jul 19, 2004

Expired

MLSListings #EB30003663

$1,180,000—
Jun 8, 2004

Listed (Active)

MLSListings #EB40021651

$1,290,000—
Jan 16, 2004

Listed (Active)

MLSListings #EB30003663

$1,190,000—
Jul 24, 2002

Expired

CLAW #22017487BR

—
Jun 9, 2002

Listed (Active)

CLAW #22017487BR

$1,350,000—
DateEvent & SourcePrice
06/27/2025

Sold

EBRD #41098638

$2,275,000
06/27/2025

Sold

MLSListings #MR41098638

$2,275,000
06/25/2025

Sold (Public Record)

Public Record #1905085555

$2,275,000

+3.3% / yr

06/13/2025

Pending

MLSListings #MR41098638

—
06/13/2025

Pending

EBRD #41098638

—
05/22/2025

Listed (Active)

EBRD #41098638

$2,300,000
05/22/2025

Listed (Active)

MLSListings #MR41098638

$2,300,000
01/06/2005

Sold

MLSListings #EB40042033

$1,180,000
01/06/2005

Sold

EBRD #40042033

$1,180,000
12/20/2004

Sold (Public Record)

Public Record #149578139

$1,180,000
10/04/2004

Pending

EBRD #40042033

—
10/04/2004

Pending

MLSListings #EB40042033

—
09/22/2004

Listed (Active)

EBRD #40042033

$1,180,000
09/22/2004

Listed (Active)

MLSListings #EB40042033

$1,180,000
09/08/2004

Expired

MLSListings #EB40021651

$1,180,000
07/19/2004

Expired

MLSListings #EB30003663

$1,180,000
06/08/2004

Listed (Active)

MLSListings #EB40021651

$1,290,000
01/16/2004

Listed (Active)

MLSListings #EB30003663

$1,190,000
07/24/2002

Expired

CLAW #22017487BR

—
06/09/2002

Listed (Active)

CLAW #22017487BR

$1,350,000

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

Public Records for 1827 Berkeley Way

Taxable ValueLand$592,356Additions$1,046,728Total$1,639,084
Tax Record2025$28,401 ($2,367 / month)
Home Facts
Total Finished SqFt3,169 SqFtAbove Grade Finished SqFt3,169 SqFtStories2Lot Size4,687 SqFtStyleMulti-Family Res (5+ Units)Year Built1910CountyALAMEDAAPN57-2063-10

Schools near 1827 Berkeley Way

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Washington Elementary School
Public - K to 5
Oxford Elementary School
Public - K to 5
Malcolm X Elementary School
Public - K to 5
Berkeley Arts Magnet at Whittier School
Public - K to 5
Rating
School
Distance
Washington Elementary School
PublicK to 5

Oxford Elementary School
PublicK to 5

Malcolm X Elementary School
PublicK to 5

Berkeley Arts Magnet at Whittier 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ken Wu, DRE #02131550; Compass, Ray Rodriguez, DRE #01999734

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.