1538 Berkeley Way

1538 Berkeley Way, Berkeley, CA 94703

  • For Sale $3,750,000
  • Property Type Multi-Family
  • Property Size 10,310 SF
  • Units 13
  • Lot Size 0.43 Acre
  • Year Built 1923
  • Date Updated Mar 18, 2024
The subject property is located in the quiet and clean Central Berkeley neighborhood on the southwest corner of Berkeley Way. and California Street. Tenants enjoy a short two block walk to North Berkeley BART Station, a half mile to the University Ave Trader Joe's and a mile to the western edge of UC Berkeley campus. This quiet neighborhood is home to Ohlone Park and a few other parks are within walking distance. This location attracts strong rents from an even mix of workforce tenants and graduate students.Team Chappell is proud to present 1538 Berkeley Way, a unique housing development built in 1923, consisting of four separate 1-story buildings containing a total of thirteen (13) 1bd/1ba units of approx 730 Sq Ft. The property's original purpose was to provide a monthly rental option for visitors to Berkeley in the 1920s. Its original character and quality have been carefully preserved by current management. The four structures allow residents to enjoy open space in a community-like setting. This is a tremendous opportunity with long term rental upside.

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Highlights

  • Large, charming and centrally-located property with stable demand
  • Meticulously maintained by current ownership
  • Spacious 730 Sq Ft Units boasting large closets, livings room and hardwood floors
  • Majority of units upgraded with stainless steel appliances, granite counter and in unit laundry
  • Large 18.75K SF lot, potential future development upside
  • Close proximity to numerous dining and retail establishments along University Avenue
  • Located within walking distance to the North Berkeley BART, 1.0 miles from the Western edge of Campus, and 0.5 miles to the Trader Joe's on University Ave

Contacts

broker

Grant Chappell

NAI NorCal

(510) 336-4721

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Transit Score ®

    69/100 Good Transit

  • Bike Score ®

    99/100 Biker's Paradise
Powered by Walk Score ®
  • City Berkeley, CA
  • Neighborhood Central Berkeley
  • Zip Code 94703
  • Market Bay Area

Points of Interest

  • North Berkeley

    0.24 miles

  • Downtown Berkeley

    0.68 miles

  • Berkeley

    1.15 miles

  • Ashby

    1.40 miles

  • Emeryville

    2.23 miles

  • El Cerrito Plaza

    2.38 miles

  • Rockridge

    2.44 miles

  • MacArthur

    3.04 miles

  • Redwood Valley Railway

    3.20 miles

  • El Cerrito del Norte

    4.22 miles

  • Chevron

    0.11 miles

  • Valero

    0.39 miles

  • Shell

    0.39 miles

  • #1 Gas

    0.40 miles

  • SP

    0.81 miles

  • EconoGas

    0.83 miles

  • Shell

    0.88 miles

  • Chevron

    0.95 miles

  • Chevron

    0.96 miles

  • Chevron

    1.01 miles

  • Center Street Garage

    0.58 miles

  • Allston Way Garage

    0.63 miles

  • University Hall West Lot

    0.74 miles

  • Oxford Garage

    0.77 miles

  • UCB Parking

    0.77 miles

  • North Extension Lot

    0.81 miles

  • Genetics Underground Garage

    0.84 miles

  • RSF Garage

    0.94 miles

  • Dwinelle Lot

    1.02 miles

  • Ellsworth Parking Structure

    1.05 miles

  • Super 8 Berkeley

    0.08 miles

  • Howard Johnson Berkeley

    0.09 miles

  • Aiden by best western

    0.12 miles

  • Rodeway Inn

    0.17 miles

  • Quality Inn University

    0.22 miles

  • Travelodge

    0.34 miles

  • Downtown Berkeley YMCA Hotel

    0.57 miles

  • Holiday Inn Express & Suites Berkeley

    0.57 miles

  • Nash Hotel

    0.60 miles

  • Downtown Berkeley Inn

    0.63 miles

  • Himalayan flavors

    0.04 miles

  • Three Stone Hearth

    0.05 miles

  • North Beach Pizza

    0.08 miles

  • West coast pizza

    0.18 miles

  • Bangkok Thai Cuisine

    0.18 miles

  • Taqueria Montecristo

    0.18 miles

  • Long Life Vegi House

    0.20 miles

  • The king's feet

    0.22 miles

  • Nation's Giant Hamburgers

    0.30 miles

  • Pyeong Chang Tofu House

    0.39 miles

  • Shu Ren international School

    0.20 miles

  • Saint Joseph the Worker School

    0.20 miles

  • Woolly mammoth

    0.31 miles

  • The Berkeley School

    0.34 miles

  • Berkwood Hedge School

    0.46 miles

  • West Campus

    0.48 miles

  • Washington Elementary School

    0.54 miles

  • Jefferson Elementary School

    0.56 miles

  • Crowden School

    0.57 miles

  • Berkeley High School

    0.57 miles

  • Woolly Mammoth

    0.14 miles

  • The Berkeley School Early Childhood Center

    0.66 miles

  • YMCA Child Care

    0.72 miles

  • Gay Austin School

    0.75 miles

  • Black Pine Circle Lower School

    0.89 miles

  • Jones Child Study Center

    0.97 miles

  • Franklin Preschool

    1.05 miles

  • Haste Street Child Development Center

    1.09 miles

  • South YMCA

    1.15 miles

  • Dwight Way Child Development Center

    1.22 miles

Frequently Asked Questions

What is the lease rate for 1538 Berkeley Way?

Rental asking rate at 1538 Berkeley Way is $1,875,000.00/YR.

What is the total square footage of 1538 Berkeley Way?

1538 Berkeley Way totals 10,310 square feet.

When was this property built?

1538 Berkeley Way was built in 1923.

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Contact Listing Broker

broker

Grant Chappell

NAI NorCal

(510) 336-4721