1626 Francisco Street Berkeley, CA ^$ 2,800,000

1626 Francisco Street

^$ 2,800,000

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Recently Listed

Open House 3/13 12pm - 1:30pm

1626 Francisco Street

Berkeley, CA, 94703

^$ 2,800,000

Bedrooms-- Baths-- Sq 10,330

Monthly Estimate*

^$ 17,240

Listed by Marcus & Millichap

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Commercial Property for sale in Berkeley, CA

for $2,800,000. This 10,330 square foot building was built in 1964 on a lot size of 0.186.

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.

Open House

3/13/2026 12:00 PM - 1:30 PM

1626 Francisco Street Berkeley, CA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Commercial Active

Price

^$ 2,800,000

Property Type

Commercial

Taxes

^$ 34,504

Style

Lot Size

0.186

Year Built

1964

Town/City

Berkeley

County/Region

Alameda

MLS | Web ID

ML82037756

Days on Market

Features

General

Heating Electric

Cooling None

Zoning RM

HOA Fee 0

Year Built 1964

County Alameda

Insurance Expense 9000

Property Type Commercial Sale

MaintenanceExpense 5000

Special Listing Conditions Standard

Status Active

City Berkeley

High School District Other

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 8100

Carport Spaces 0

Tax Annual Amount 34504

Trash Expense 6479

Standard Status Active

Year Built Source Other

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 1

Lot Size Area 8100

Number of Buildings 1

Building Area Total 10330

Lot Size Acres 0.186

Lot Size Source Assessor

* Excluded Features

List By

Marcus & Millichap

Broker

ebinesh@marcusmillichap.com

Affordability Calculator

$20,115

Per Month

Monthly Principal & Interest: $17,240
Monthly Property Taxes: $2,875
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Berkeley, CA

Average List Price ^$2,980,416

Percent of Sale Price 6%

About Berkeley, CA

118,775 Population

16% Since 2002

^$76,242 Median Income

33.13 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/9/2026	$2,800,000		Listed Price

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1626 Francisco Street, Berkeley, CA, 94703 is a Commercial Property for sale at $2,800,000 with 10,330 sqft and a lot size of 0.186. 1626 Francisco Street was built in 1964. The property's zip code is 94703 which is in Berkeley, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1626 Francisco Street

Commercial Property for sale in Berkeley, CA

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