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1504-1514 10th St 6 Unit Apartment Building $2,100,000 ($350,000/Unit) 5.79% Cap Rate Berkeley, CA 94710

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INVESTMENT HIGHLIGHTS

  • A verdant setting near cafes, shops, and stores.
  • Positioned near transit, retail corridors, and employment centers, offering solid long-term demand.
  • Prime West Berkeley location with strong upside potential.

EXECUTIVE SUMMARY

Discover a rare investment opportunity in the heart of West Berkeley—a charming collection of four cottages complemented by a duplex situated above four garages. The property is set within a lush, landscaped environment featuring a side yard with pavers, lawn, lemon tree, and roses, plus a beautiful garden supported by an automatic irrigation system. Recent upgrades include a new roof on the duplex (2010) and cottages (2016), a drainage system with sump pump (2015), and double-pane windows throughout. Each unit benefits from individual water and PG&E meters, and every residence includes either a garage or dedicated storage space.
Prime West Berkeley location with strong upside potential. Sold as-is. Positioned near transit, retail corridors, and employment centers, offering solid long-term demand. Ideal for value-add investors seeking a project with location-driven stability and future appreciation. High-growth area, flexible use options, and strong rental fundamentals make this a compelling opportunity.
Investment Highlights:
- Strong in-place income with clear upside on vacant unit
- Individually metered units reduce owner utility burden
- One unit currently vacant — ideal for owner-user or rent optimization
- Highly desirable Berkeley rental location with consistent demand
- Full rent roll and detailed financials available upon request

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $2,100,000
Price Per Unit $350,000
Sale Type Investment
Cap Rate 5.79%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.20 AC
Building Size 3,194 SF
No. Stories 1
Year Built/Renovated 1929/1963
Parking Ratio 1/1,000 SF
Zoning R-1A, Berkeley - Residential - Apartments

AMENITIES

UNIT AMENITIES

  • Storage Space
  • Garden

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 - -
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
059-2311-007-00
Land Assessment
$494,190 (2025)
Improvements Assessment
$1,032,284 (2025)
Total Assessment
$1,526,474 (2025)
  • Listing ID: 38438810

  • Date on Market: 11/13/2025

  • Last Updated:

  • Address: 1504-1514 10th St, Berkeley, CA 94710

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