1542 Berkeley Way Berkeley, CA ^$ 3,750,000

1542 Berkeley Way

^$ 3,750,000

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1542 Berkeley Way

Berkeley, CA, 94703

^$ 3,750,000

Studio Baths0.0 Sq 10,310

Monthly Estimate*

^$ 24,924

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Studio

Commercial Property for sale in Berkeley, CA

for $3,750,000. This 10,310 square foot building was built in 1923 on a lot size of 0.430441.

New to market, 1538 Berkeley Way, a unique housing development built in 1923, consisting of four separate 1-story buildings containing a total of thirteen (13) similarly-sized 1bd/1ba units of approx 730 Sq Ft. The property's original purpose was to provide a monthly rental option for visitors to Berkeley in the 1920s. Its original character and quality have been carefully preserved by current ownership. The four structures allow residents to enjoy open space in a community-like setting. This is a tremendous opportunity with long term rental upside.

Commercial Pending

Price

^$ 3,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

5 or More Units

Lot Size

0.430441

Year Built

1923

Town/City

Berkeley

County/Region

Alameda

MLS | Web ID

41051593

Features

General

Sewer Public Sewer

Heating Wall Furnace

Cooling None

Roof Bitumen

Construction Materials Stucco

Year Built 1923

Property SubType 5 or More Units

County Alameda

Property Type Commercial Sale

HOA / Comm Assn Y

Garage Y/N No

Status Pending

Directions Sacramento to Berkeley Way

City Berkeley

MLS Area Listing

Lot Size Square Feet 18750

Street Name Berkeley Way

Standard Status Pending

Interior

Flooring Hardwood

Air Conditioning Y/N No

Heating Y/N Yes

Exterior

Parking Features Parking Lot

Lot Features Level

Water Source Public

Lot Size Area 18750

Lot Size Acres 0.43

Other Equipment None

* Excluded Features

List By

Grant Chappell

Listing Agent

Nai Northern California

Broker

teamchappell@nainorcal.com

Affordability Calculator

$24,924

Per Month

Monthly Principal & Interest: $24,924
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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 ^$2,650,103

Percent of Sale Price 29%

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.

806588 Elementary School

806593 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/2/2024	$3,750,000		Listed Price

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1542 Berkeley Way, Berkeley, CA, 94703 is a Commercial Property for sale at $3,750,000 with 10,310 sqft and a lot size of 0.430441. 1542 Berkeley Way is a studio with 0.0 baths and was built in 1923. 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 6.99% 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of CCAR. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/23/2024.

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1542 Berkeley Way

Commercial Property for sale in Berkeley, CA

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