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1640 7th St
Berkeley, CA 94710
Multifamily Property For Sale · 6 Units

Executive Summary

Welcome to 1640 Seventh Street, Berkeley—a property that blends location, lifestyle, and potential. This 6 unit building comprises of five spacious two bedrooms 1 baths, and a one bedroom with a bonus room. The apartment building is divided into two buildings – a fourplex and a duplex. The property sits on a large lot with off street parking and two storage sheds. Situated near the vibrant Fourth Street shopping district, you'll enjoy premier retail options like the Apple Store and a variety of acclaimed restaurants right around the corner.
With easy access to highways, commuting is a breeze, and the nearby Berkeley Marina offers beautiful scenery for your leisure time. For those seeking an active lifestyle, UC Berkeley is just a bike ride away, making this home ideal for students, professionals, or anyone who loves being close to everything.
Don't miss out on this incredible opportunity with great upside! Schedule a viewing today and step into your next Berkeley adventure.

Property Facts

Price Per Unit $216,500
Sale Type Investment
Cap Rate 5.70%
Sale Condition 1031 Exchange
Gross Rent Multiplier 12.81
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 4,830 SF
Average Occupancy 100%
No. Stories 2
Year Built 1936
Parking Ratio 1.45/1,000 SF
Zoning R-1A - Limited Two-Family Residential

Amenities

  • Smoke Detector

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Yard
  • Garden
  • Patio
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $2,400 590
2+2 5 - 850

Property Taxes

Property Taxes

Parcel Number
058-2120-011-00
Land Assessment
$522,252
Improvements Assessment
$626,702
Total Assessment
$1,148,954
  • Listing ID: 35297494

  • Date on Market: 3/28/2025

  • Last Updated:

  • Address: 1640 7th St, Berkeley, CA 94710

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