19-Units | Northwest Berkeley

North Berkeley is a premier rental market in the East Bay, offering real estate investors a rare blend of stability, demand, and long-term growth potential. Anchored by its proximity to the University of California, Berkeley, the neighborhood consistently attracts a diverse and educated tenant base, including students, faculty, researchers, and professionals. This constant influx of renters—paired with limited housing supply—supports strong occupancy rates and premium rents year-round. The neighborhood's walkability and transit connectivity are major drivers of its investment appeal. North Berkeley is well-served by BART, AC Transit, and bike-friendly streets, providing seamless access to Downtown Berkeley, Oakland, and San Francisco. Its tree-lined avenues, historic architecture, and neighborhood charm appeal to renters seeking both character and convenience. Multifamily assets in this submarket often outperform regional benchmarks due to low turnover, strong per-unit income, and appreciation driven by ever-tightening housing inventory. For investors focused on long-term value, North Berkeley offers both defensive and growth-oriented advantages. The city’s pro-renter policies and rent control laws are well understood by seasoned operators and can be leveraged with smart renovation and repositioning strategies. Whether holding for steady cash flow or executing a value-add strategy, investing in North Berkeley means owning in a market where education, culture, and quality of life fuel consistent performance. Scores Walk Score - 94 Transit Score - 66 Bike Score - 991360 Berkeley Way offers a rare opportunity to acquire a well-positioned multifamily property in one of Berkeley’s most desirable neighborhoods. This classic 1920s apartment building features an attractive unit mix and provides both strong in-place income and significant long-term upside potential. Located just blocks from North Berkeley BART station, the property boasts excellent walkability and access to public transit. Its prime location appeals to a wide tenant base, including students, professionals, and long-term residents. The building has been well maintained and benefits from substantial recent capital improvements, including a new roof, updated electrical systems, renovated units, new boiler, water heater, dual-pane windows, and fresh exterior paint. Interior modernization and operational upgrades present further value-add potential. With on-site parking, a quiet residential setting, and proximity to acclaimed dining, parks, and cultural institutions, 1360 Berkeley Way offers strong tenant appeal and consistent occupancy. The current unit mix includes 11 one-bedroom units, 7 studios, and 1 two-bedroom penthouse, generating nearly $45,000 in monthly rental income. For investors seeking a stabilized asset with upside in one of the East Bay’s highest-demand rental markets, 1360 Berkeley Way stands out as a compelling opportunity.