1504 10th Street, Berkeley, CA 94710
Local realty services provided by:CENTURY 21 Valley Properties
1504 10th Street,Berkeley, CA 94710
$1,525,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: emil jellinek
Office: marcus & millichap415-625-2160
MLS#:41129017
Source:CRMLS
Price summary
- Price:$1,525,000
About this home
The offering presents 1504 10th Street, Berkeley, CA, a well-maintained 6-unit multifamily property comprising 6 1-bedroom, 1-bathroom units. The 3,194 sq. ft. building sits on a 0.20-acre lot and is currently 67% occupied. Built in 1926, the property offers a prime location near UC Berkeley and is within walking distance of restaurants, shops, and public transit. With below-market rents, there is a significant value-add opportunity to increase rents to market rates and improve occupancy. The current rent roll totals $11,627/month, with a pro forma rent roll of $14,400/month, representing a 19% upside. The current cap rate is 5.90%, with a proforma cap rate of 7.90%, indicating strong potential for future returns.
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Home facts
- Year built:1926
- Listing ID #:41129017
- Added:57 day(s) ago
- Updated:May 27, 2026 at 10:30 AM
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Shingle
- Year built:1926
- Lot area:0.2 Acres
Finances and disclosures
- Price:$1,525,000
Parking
- Total parking spaces:2
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