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1504 10th Street, Berkeley, CA 94710
Priced at Only: $1,600,000
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Address: 1504 10th Street, Berkeley, CA 94710
Property Location and Similar Properties
- MLS#: 41129017 ( )
- Street Address: 1504 10th Street
- Viewed: 1
- Price: $1,600,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1926
- Bldg sqft: 0
- Days On Market: 10
- Additional Information
- County: ALAMEDA
- City: Berkeley
- Zipcode: 94710
- Subdivision: Berkeley
- Provided by: Marcus & Millichap
- Contact: Emil Emil

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DescriptionThe 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.
Features
Association Fee
- 0.00
Cooling
- See Remarks
Days On Market
- 48
Heating
- Wall Furnace
Parcel Number
- 5923117
Roof
- Shingle
Sourcesystemkey
- 41129017:BMLS
Subdivision Name Other
- BERKELEY
Tenant Pays
- Gas
Year Built
- 1926
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com













