BCG Multifamily of Marcus & Millichap is pleased to present 1430 Josephine Street is a 19 unit multifamily investment opportunity in Berkeley offered at $5,280,000 ($277,895 per unit). The 12,288 square foot property sits on an oversized 0.31 acre lot and features a desirable mix of fifteen (15) two bedroom units and four (4) 1 bedroom units on one of Berkeley's best streets. The asset presents significant value add potential, with current rents approximately 31% below market. The current rent roll of $41,047 per month offers a clear path to increasing cash flow and value, with the cap rate projected to improve from 5.37% to 9.25% as rents are brought to market levels. The property has recently undergone a full electrical service upgrade and seismic retrofit in compliance with Berkeleys city ordinance, significantly reducing future capital expenditure for a new owner. Located near North Berkeley BART, UC Berkeley, and the Shattuck Avenue corridor, the property benefits from strong tenant demand and long term rental fundamentals.