REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,525,000
Est. payment /mo
Active
1504 10th Street Berkeley, CA 94710
3,194 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,194 sqft
Price per Sqft $477
Subdivision Berkeley
MLS Listing ID 41129017
HOA Y/N No
Year Built 1926
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Multi Family
Property Description
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.
Location
Province CA
County Alameda
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling Other
Flooring Wood
Fireplace No
Exterior
Total Parking Spaces 2
Building
Lot Description Other
Sewer Public Sewer
Water Public
New Construction No
© 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.
Listed by Emil Jellinek • Marcus & Millichap