1504 10th Street, Berkeley, CA 94710

Berkeley
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1504 10th Street,Berkeley, CA 94710
$1,525,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: emil jellinek
Office: marcus & millichap415-625-2160
MLS#:41129017
Source:CRMLS

Price summary

  • Price:$1,525,000

About this home

The 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.

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Home facts

  • Year built:1926
  • Listing ID #:41129017
  • Added:45 day(s) ago
  • Updated:May 15, 2026 at 10:32 AM

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Shingle
  • Year built:1926
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$1,525,000

Parking

  • Total parking spaces:2
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