19-Units | Northwest Berkeley

For Sale

1360 Berkeley Way, Berkeley, CA 94702

This Berkeley property for sale is located at 1360 Berkeley Way. The general use of 19-Units | Northwest Berkeley is multi-family and it incorporates 11,011 square feet of class C multi-family space. The current listed sale price for 19-Units | Northwest Berkeley is $4,990,000. 19-Units | Northwest Berkeley is situated on a lot that is 0.12 acre in size.

Contacts

broker
Jatin Mehta

Kite Hill Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 11,011 SF
  • Units 19
  • Lot Size 0.12 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1929
  • Date Updated Jul 8, 2025
North Berkeley is a premier rental market in the East Bay, offering real estate investors a rare blend of stability, demand, and long-term growth potential. Anchored by its proximity to the University of California, Berkeley, the neighborhood consistently attracts a diverse and educated tenant base, including students, faculty, researchers, and professionals. This constant influx of renters—paired with limited housing supply—supports strong occupancy rates and premium rents year-round. The neighborhood's walkability and transit connectivity are major drivers of its investment appeal. North Berkeley is well-served by BART, AC Transit, and bike-friendly streets, providing seamless access to Downtown Berkeley, Oakland, and San Francisco. Its tree-lined avenues, historic architecture, and neighborhood charm appeal to renters seeking both character and convenience. Multifamily assets in this submarket often outperform regional benchmarks due to low turnover, strong per-unit income, and appreciation driven by ever-tightening housing inventory. For investors focused on long-term value, North Berkeley offers both defensive and growth-oriented advantages. The city’s pro-renter policies and rent control laws are well understood by seasoned operators and can be leveraged with smart renovation and repositioning strategies. Whether holding for steady cash flow or executing a value-add strategy, investing in North Berkeley means owning in a market where education, culture, and quality of life fuel consistent performance. Scores Walk Score - 94 Transit Score - 66 Bike Score - 991360 Berkeley Way offers a rare opportunity to acquire a well-positioned multifamily property in one of Berkeley’s most desirable neighborhoods. This classic 1920s apartment building features an attractive unit mix and provides both strong in-place income and significant long-term upside potential. Located just blocks from North Berkeley BART station, the property boasts excellent walkability and access to public transit. Its prime location appeals to a wide tenant base, including students, professionals, and long-term residents. The building has been well maintained and benefits from substantial recent capital improvements, including a new roof, updated electrical systems, renovated units, new boiler, water heater, dual-pane windows, and fresh exterior paint. Interior modernization and operational upgrades present further value-add potential. 1360 Berkeley Way offers strong tenant appeal and consistent occupancy. The current unit mix includes 11 one-bedroom units, 7 studios, and 1 two-bedroom penthouse, generating nearly $45,000 in monthly rental income. For investors seeking a stabilized asset with upside in one of the East Bay’s highest-demand rental markets, 1360 Berkeley Way stands out as a compelling opportunity.
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Highlights

  • Desirable Unit Mix: 11 one-bedrooms, 7 studios, and 1 two-bedroom penthouse—ideal for a diverse tenant base.
  • High Demand Market: Located in one of Berkeley’s most sought-after neighborhoods with limited housing supply.
  • Major Capital Improvements: Includes new roof, electrical upgrades, renovated units, new boiler, water heater, dual-pane windows, and exterior paint.
  • Prime Location: Just blocks from North Berkeley BART, offering excellent walkability and transit access.
  • Strong Income: Stabilized asset generating nearly $45,000 in monthly rent with potential for further growth.
  • Tenant Appeal: Quiet residential street with close proximity to dining, parks, and cultural landmarks.
  • Turnkey Investment: A well-maintained, cash-flowing asset in a top-tier East Bay rental market.
  • Value-Add Potential: Opportunities for interior modernization and operational enhancements to increase income.

Getting around

  • 94/100

    Walk Score ®

  • 66/100

    Transit Score ®

  • 100/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Berkeley, CA
  • Neighborhood Southwest Berkeley
  • Zip Code 94702
  • Market Bay Area

Points of Interest

  • North Berkeley

    0.25 miles

  • Berkeley

    0.88 miles

  • Downtown Berkeley

    0.94 miles

  • Ashby

    1.49 miles

  • Emeryville

    2.12 miles

  • El Cerrito Plaza

    2.34 miles

  • MacArthur

    3.06 miles

  • Redwood Valley Railway

    3.46 miles

  • El Cerrito del Norte

    4.15 miles

  • 19th Street BART Street Elevator

    4.48 miles

  • Shell

    0.13 miles

  • Chevron

    0.20 miles

  • Mobil

    0.56 miles

  • SP

    0.60 miles

  • UC Gas & Food

    0.65 miles

  • Valero

    0.66 miles

  • #1 Gas

    0.67 miles

  • eVgo

    0.96 miles

  • Chargepoint

    1.17 miles

  • Volta

    1.19 miles

  • Center Street Garage

    0.84 miles

  • Spenger’s Parking Lot

    0.86 miles

  • Allston Way Garage

    0.88 miles

  • Vik's Parking

    0.94 miles

  • Kaiser Permanente employee parking

    0.96 miles

  • Tokyo fish market private parking

    0.96 miles

  • Picante Parking

    0.97 miles

  • University Hall West Lot

    1.01 miles

  • UCB Parking

    1.02 miles

  • Oxford Garage

    1.02 miles

  • Rodeway Inn

    0.10 miles

  • Aiden by Best Western

    0.16 miles

  • Howard Johnson Berkeley

    0.22 miles

  • Holiday Inn Express & Suites Berkeley

    0.30 miles

  • Super 8 Berkeley

    0.34 miles

  • Berkeley Inn

    0.48 miles

  • Quality Inn University

    0.49 miles

  • Travelodge

    0.60 miles

  • La Quinta Inn Berkeley

    0.61 miles

  • Downtown Berkeley YMCA Hotel

    0.82 miles

  • Target

    0.10 miles

  • Mi Tierra

    0.41 miles

  • Milan Indian Grocery

    0.53 miles

  • Trader Joe's

    0.66 miles

  • Monterey Market

    0.75 miles

  • Market Hall Foods

    0.88 miles

  • Whole Foods Market

    0.98 miles

  • Andronico's

    1.00 miles

  • Safeway

    1.09 miles

  • Epicurious Garden

    1.10 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jatin Mehta

Kite Hill Real Estate

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