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1626 Francisco Street, Berkeley, CA 94703
Priced at Only: $2,800,000
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Address: 1626 Francisco Street, Berkeley, CA 94703
Property Location and Similar Properties
- MLS#: ML82037756 ( )
- Street Address: 1626 Francisco Street
- Viewed: 7
- Price: $2,800,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1964
- Bldg sqft: 0
- Days On Market: 31
- Additional Information
- County: ALAMEDA
- City: Berkeley
- Zipcode: 94703
- Provided by: Marcus & Millichap
- Contact: Eymon Eymon

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DescriptionMarcus & Millichap is pleased to present 1626 Francisco Street is a 10 unit multifamily property located just blocks from UC Berkeley in one of Berkeley's most desirable rental corridors. The 10,330 square foot building features a spacious unit mix of two 3 bedroom, 2 bath units and eight 2 bedroom, 1 bath units, along with nine garage parking spaces and on site laundry. The property is fully occupied and individually metered for gas and electricity. Current rents are approximately 28% below market, presenting a clear value add opportunity to increase income as units turn. With its large unit sizes, strong tenant demand near campus, and close proximity to North Berkeley BART and the Gourmet Ghetto, 1626 Francisco Street offers investors a well located Berkeley asset with meaningful upside.
Features
Building Area Total
- 10330.00
Carport Spaces
- 0.00
Cooling
- None
Heating
- Electric
Insurance Expense
- 9000.00
Otherexpense
- 33510.00
Parcel Number
- 058215803201
Totalexpenses
- 117407.00
Trash Expense
- 6479.00
Water Source
- Public
Year Built
- 1964
Year Built Source
- Other
Zoning
- RM
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com
























