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Jenn Smart

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1626 Dwight Way , Berkeley, CA 94703
$4,495,000
Est. Payment: $9,988.89/mo
12832 Sqft
0.35 Acres
Status: active | Days on site: 28
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ML88226 - ML5082979
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House Description

Rare 21-Unit Value-Add Opportunity in the Heart of Berkeley! Located just minutes from UC Berkeley, downtown Berkeley, and major East Bay transit, this 12,832 SF multifamily asset sits on a generous 0.35-acre lot and features a desirable unit mix of studios, one-bedrooms, and two-bedrooms. Current rents sit meaningfully below market, offering an investor significant upside through lease-up and operational optimization. Individually metered electric and gas, carport parking, recent seismic retrofit, and a low-turnover tenant base round out this well-positioned offering in one of the East Bay's most supply-constrained and durable rental markets. Priced at $4,495,000 ($214k/unit), don't miss this chance to acquire a well-located asset with huge upside potential.

Highlights

Listed by Eymon Binesh , 650-546-1030 Marcus & Millichap , (650) 391-1700. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.35

Year Built

1963

County

Alameda

Area

699 - Not Defined

School District

Other

Listing ID

ML82064817

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Interior Features

Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:10
Zoning:MF
Principal Interest
$9,989
Taxes
$7,201

Home Price

$4,495,000

Loan Details

30 yrs
0%

Down Payment

20%
$899,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,988.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,988.89 $7,200.92 $0.00 $17,189.81
Yearly $119,866.67 $86,411.00 $0.00 $206,277.67
Total $3,596,000.00 $2,592,330.00 $0.00 $6,188,330.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Berkeley, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:35:19.000Z

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