4-Units | Berkeley

Berkeley stands at the intersection of enduring demand and long-term value—an ideal combination for multifamily investors. Anchored by the University of California, Berkeley, the city benefits from a constant influx of students, faculty, researchers, and professionals, creating one of the most resilient rental markets in Northern California. This institutional backbone, combined with a limited supply of developable land, helps sustain high occupancy rates and stable rent growth across economic cycles. Beyond the university, Berkeley’s diverse employment base strengthens tenant demand. Proximity to downtown Oakland, San Francisco, and the broader Bay Area tech and life sciences hubs makes Berkeley especially attractive to renters seeking walkable neighborhoods without sacrificing access to major job centers. Strong public transit options—including BART and bus corridors—further support consistent absorption for apartment buildings, particularly those near transit-oriented locations. From an investment perspective, Berkeley’s regulatory environment and community character favor long-term holders focused on steady cash flow and appreciation. While new supply remains constrained, demand for well-maintained, professionally managed apartment properties continues to grow. Investors benefit from a tenant base that values location, quality, and stability—positioning Berkeley multifamily assets as defensive, high-quality additions to a core real estate portfolio. Scores Walk Score - 94 Transit Score - 57 Bike Score - 94This exceptional Southwest Berkeley property offers a highly desirable unit mix consisting of one 2BD/1BA, one 1BD/1BA with office, one 1BD/1BA, and a private detached 1BD/1BA cottage. The layout provides flexibility for both investors and owner-users, with two units delivered vacant, allowing for immediate occupancy or repositioning. The property generates strong in-place income of $10,750 per month (including RUBS), translating to an attractive 5.95% cap rate and 11.23 GRM. With quality renovations already completed and stable cash flow in place, the asset offers both current income and long-term appreciation potential in one of Berkeley’s most sought-after neighborhoods. All units have been fully remodeled and the property has undergone a completed seismic retrofit, along with upgrades to central heating, plumbing, and electrical systems. A new boiler further enhances operational efficiency and minimizes near-term capital expenditure concerns. Residents enjoy secure and well-maintained amenities, including coded gate and individual unit entry, on-site laundry facilities, bicycle storage, and a one-car garage. The outdoor areas have been thoughtfully improved with newly installed artificial turf, an upgraded storage shed, a dedicated garden area, and the removal of a former pond to maximize usable outdoor space—creating inviting outdoor living and gardening areas that significantly enhance tenant appeal. Ideally located in prime Southwest Berkeley, the property is close to shopping, dining, public transportation, and major commuter routes, making it an outstanding opportunity for an owner-user or investor seeking a turnkey, high-quality asset with strong fundamentals.