New Listing
$4,495,000
( $350.30Per Sq Foot )
 $24,130 est/mo Sourced by Back At You

1626 Dwight Way,Berkeley, CA 94703

Berkeley, CA 94703

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Description

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.

Details

MLS #ML82064817
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1963
Days On Site2
Listing Provided ByMarcus & Millichap | Eymon Binesh

Features

SQ Feet12,832
Car PortYes
Building(s)2
ZoningMF
Acreage0.35

Interior

CoolingNone
Cooling Yes / NoYes

Taxes

Property86411

Area Information

StateCA
CountyAlameda
CityBerkeley
Zip Code94703
Area699 Not Defined
Listing VS Median (in 94703)
Price:
$4,495,000
low | high
Med:
$4,495,000
50% of Average
sqft:
12,832
low | high
Med:
12,832
50% of Average
$ / sqft:
$350
low | high
Med:
$350
50% of Average
On site:
2
low | high
Med:
2
100% of Average
Sourced by Back At You

Market Activity 94703

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Additional Information

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyAlameda
CityBerkeley
Zip Code94703
Area699 Not Defined
Listing VS Median (in 94703)
Price:
$4,495,000
low | high
Med:
$4,495,000
50% of Average
sqft:
12,832
low | high
Med:
12,832
50% of Average
$ / sqft:
$350
low | high
Med:
$350
50% of Average
On site:
2
low | high
Med:
2
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $3.371M - $5.618M
sqft: 9,500 - 16,000
Nearby Listings Property ImageNearby Listings Details
2231 Grant Street Property Photo 1
$4,828,000
2231 Grant Street
Berkeley, CA 94703
Listing Updated: October 16, 2026 at 8:18:52 AM PDT