1246 Berkeley Way, Berkeley, CA 94702

Property Description

Welcome to 1246 Berkeley Way, presenting an opportunity to acquire a 7-unit multifamily apartment building in the heart of Berkeley, just off University Ave. Built in 1966 and spanning approximately 5,975 sqft of living space on an 8,497 sqft lot, this parcel offers two separate buildings with an ideal unit mix of five 3-bed x 1-bath units and two studio units. Studio unit A will be delivered vacant. There is off-street parking for 7 vehicles. Projected gross monthly rent is $14,662, or $175,944. Close proximity to The Berkeley Marina, North Berkeley BART, UC Berkeley, Berkeley Bowl, Restaurants and Shopping on 4th St, parks, public transportation, and the 80 Freeway makes it a turnkey investment opportunity in an incomparable location. Purchase individually or as part of a portfolio sale. Also available for sale is 5418 Telegraph Ave. Oakland (5 Unit), 712 56th St. Oakland (4 Unit), 3807 High St. Oakland (6 Unit).

Listing Status:

Active

Date Added:

July 30, 2026

Data Last Updated:

August 24, 2026 at 7:17AM

Listing Office:

KW Advisors East Bay : 510-775-1079

Listing Agent:

Stephanie Christmas : 510-461-4663

MLS ID:

41143329

Interior

• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: Parking spaces: 7

Construction

• General: StuccoWood Siding

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_BMLS
• County: Alameda

Lot

• Zoning: 57208122

Financial

• Source: CRMLS_BMLS