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1504 10th Street, Berkeley, CA 94710

Berkeley
Local realty services provided by:CENTURY 21 Epic
1504 10th Street,Berkeley, CA 94710
$1,600,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Tue, Apr 07
    01:00 pm - 02:00 pm
  • Thu, Apr 09
    01:00 pm - 02:00 pm
Listed by: emil jellinek
Office: marcus & millichap
MLS#:41129017
Source:CRMLS

Price summary

  • Price:$1,600,000

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:4 day(s) ago
  • Updated:April 04, 2026 at 11:31 AM

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Shingle
  • Year built:1926
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$1,600,000

Parking

  • Total parking spaces:2
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