Sold

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.

Listed byMarcus & Millichap
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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

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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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