Active Open Tuesday 04/07 4 PM-5 PM

1504 10th Street

Berkeley, CA 94710

$1,600,000 $6,745/Mo

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Overview

Bed

Bath

8,712

Sqft(Lot)

Description

The offering presents 1504 10th Street, Berkeley, CA, a well-maintained 6-unit multifamily property comprising 6 1-bedroom, 1-bathroom units. The 3,194 sq. ft. building sits on a 0.20-acre lot and is currently 67% occupied. Built in 1926, the property offers a prime location near UC Berkeley and is within walking distance of restaurants, shops, and public transit. With below-market rents, there is a significant value-add opportunity to increase rents to market rates and improve occupancy. The current rent roll totals $11,627/month, with a pro forma rent roll of $14,400/month, representing a 19% upside. The current cap rate is 5.90%, with a proforma cap rate of 7.90%, indicating strong potential for future returns.

Property Details

Property Type : Residential Income

Price : $1,600,000

AD Id : 76631459

MLS Id : 41129017

Lot Size : 8,712 Sqft

Year Built : 1926

County : Alameda

Open House

04/07 4 PM-5 PM
04/09 4 PM-5 PM

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0
Interior Features

Roof: Shingle
Cooling Features

See Remarks Air Conditioning

Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1926 Roof: Shingle

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 8712

Listing Price Information

Original List Price: 1,600,000 Listing Contract Date: 2026-03-30

Tax Information

Parcel Number: 5923117

Rental Info

Lease Term: Negotiable Tenant Pays: Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: Directions: Cedar St to 10th St Cross Street: Cedar St. Source Property Type: Residential Income
Building and Construction

Property Age: 100 Year Built Source: Vendor Enhanced

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
811 Folger Ave, Berkeley, CA, 94710	$1,675,000	3	2	3,016	3,016 SqFt

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ByOwner last updated this listing 04/07/2026 @ 00:35

MLS: 41129017 LISTED BY: Emil Jellinek, Marcus & Millichap 415-625-2160 SOURCE: CRMLS