1626 Francisco Street, Berkeley, CA 94703
- Sqft
- 10,330
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Marcus & Millichap is pleased to present 1626 Francisco Street is a 10-unit multifamily property located just blocks from UC Berkeley in one of Berkeley's most desirable rental corridors. The 10,330-square-foot building features a spacious unit mix of two 3-bedroom, 2-bath units and eight 2-bedroom, 1-bath units, along with nine garage parking spaces and on-site laundry. The property is fully occupied and individually metered for gas and electricity. Current rents are approximately 28% below market, presenting a clear value-add opportunity to increase income as units turn. With its large unit sizes, strong tenant demand near campus, and close proximity to North Berkeley BART and the Gourmet Ghetto, 1626 Francisco Street offers investors a well-located Berkeley asset with meaningful upside.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 10,330
- Year built
- 1964
Garage and parking
- Garage parking spaces
- 9
Utilities
- Heating
- Electric
- Cooling
- None
- Sewer
- Public sewer
- Water
- Public
Estimated monthly costs
- Insurance
- $9,000
Taxes
- Tax Annual Amount
- $34,504
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLSListings (California) MLS®#: ML82037756 Last checked: …

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