eXp Commercial is pleased to present a stabilized multifamily investment opportunity located in North Berkeley. The property is positioned within close proximity to the North Berkeley BART station, offering convenient access to public transportation, retail, and neighborhood amenities. Constructed in the 1920s, the building features a mix of one-bedroom, studio, and two-bedroom units. Recent capital improvements include a newer roof, updated electrical systems, renovated unit interiors, dual-pane windows, a replaced boiler and water heater, and exterior updates. The property consists of 19 units and generates approximately $45,000 in monthly rental income. The asset has maintained consistent occupancy, supported by ongoing rental demand in the Berkeley market. This offering provides an opportunity for investment in an established rental location with existing income and potential for continued operational improvements.
