1626 Dwight Way Berkeley, CA $ 4,495,000
1626 Dwight Way
$ 4,495,000
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1626 Dwight Way

Berkeley, CA, 94703
$ 4,495,000
Bedrooms-- Baths-- Sq 12,832

Monthly Estimate*

$ 31,046

Listed by Eymon Binesh, Marcus & Millichap, ebinesh@marcusmillichap.com
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Commercial Property for sale in Berkeley, CA

for $4,495,000. This 12,832 square foot building was built in 1963 on a lot size of 0.3499.

Rare 21-Unit Value-Add Opportunity in the Heart of Berkeley! Located just minutes from UC Berkeley, downtown Berkeley, and major East Bay transit, this 12,832 SF multifamily asset sits on a generous 0.35-acre lot and features a desirable unit mix of studios, one-bedrooms, and two-bedrooms. Current rents sit meaningfully below market, offering an investor significant upside through lease-up and operational optimization. Individually metered electric and gas, carport parking, recent seismic retrofit, and a low-turnover tenant base round out this well-positioned offering in one of the East Bay's most supply-constrained and durable rental markets. Priced at $4,495,000 ($214k/unit), don't miss this chance to acquire a well-located asset with huge upside potential.

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Commercial Active

Price

$ 4,495,000

Property Type

Commercial

Taxes

$ 86,411

Style

Lot Size

0.3499

Year Built

1963

Town/City

Berkeley

County/Region

Alameda

MLS | Web ID

ML82064817

Days on Market

2

Features
General
Cooling None
Zoning MF
HOA Fee 0
Year Built 1963
County Alameda
Insurance Expense 21000
Property Type Commercial Sale
MaintenanceExpense 15750
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 15240
Carport Spaces 4
Carport Y/N true
Tax Annual Amount 86411
Trash Expense 7245
Standard Status Active
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 10
Lot Size Area 15240
Number of Buildings 2
Building Area Total 12832
Lot Size Acres 0.3499
Lot Size Source Assessor
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* Excluded Features
List By
Eymon Binesh

Listing Agent

Marcus & Millichap

Broker

ebinesh@marcusmillichap.com

Email

Affordability Calculator

$38,247
Per Month
81%
19%
0%
Monthly Principal & Interest
$31,046
Monthly Property Taxes
$7,201
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2026$4,495,000 Listed Price

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1626 Dwight Way, Berkeley, CA, 94703 is a Commercial Property for sale at $4,495,000 with 12,832 sqft and a lot size of 0.3499. 1626 Dwight Way was built in 1963. The property's zip code is 94703 which is in Berkeley, CA