$2,525,000
$2,800,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
1626 Francisco Street Berkeley, CA 94703
10,330 SqFt
Key Details
Sold Price $2,525,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 10,330 sqft
Price per Sqft $244
MLS Listing ID ML82037756
Sold Date 04/17/26
HOA Y/N No
Year Built 1964
Lot Size 8,100 Sqft
Property Sub-Type Other
Property Description
Marcus & 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.
Location
State CA
County Alameda
Zoning RM
Interior
Heating Electric
Cooling None
Fireplace No
Appliance Refrigerator
Laundry Coin Operated
Exterior
Handicap Access Accessible Elevator Installed
Building
New Construction No
Others
Tax ID 058215803201
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© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with EymonBinesh