Active

1507 Prince St

Berkeley, CA 94703
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt8,317

Sqft(Lot)

1507 Prince Street, Berkeley, a mixed-use investment offered at $2,850,000, delivering a strong 7.46% Cap Rate and 8.6 GRM with durable in-place income and clear upside. The property consists of 13 total units across two buildings, including four ground-floor retail suites with prime frontage along Sacramento Street and nine residential units, plus a detached Victorian-style home. The residential mix includes seven one-bedroom one-bath units, one two-bedroom one-bath unit, and a four-bedroom two-bath single-family home, providing a diversified and resilient tenant base. Recent electrical and plumbing upgrades significantly reduce near-term capital exposure. Retail tenants are long-term, stable operators with interest in longer lease terms, while residential rents remain below market, cre ating meaningful upside through turnover and strategic management. Additional amenities include a gated parking lot with approximately five spaces, a valuable feature in this location. Ideally situated in South Berkeley, the property benefits from excellent visibility, walkable neighborhood amenities, and proximity to BART, major freeways, Downtown Berkeley, and University of California, Berkeley.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $2,850,000

AD Id : 74987993

MLS Id : 41122900

Lot Size : 8,317 Sqft

Year Built : 1930

County : Alameda

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Property Appliances: Dryer,Washer
  • Cooling Features

    None Air Conditioning

    Heating Source

    See Remarks Has Heating

  • Building Information

    Year Built: 1930 Construction: Concrete,See Remarks,Vinyl Siding

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1909
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 8317

  • Listing Price Information

    Original List Price: 2,850,000 Listing Contract Date: 2026-02-03

  • Tax Information

    Parcel Number: 53161312

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: Corner of Prince and Sacramento Cross Street: Sacramento St. Source Property Type: Residential Income
  • Building and Construction

    Property Age: 96 Year Built Source: Vendor Enhanced
Sell a home like this and save $170,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2057 Emerson Street, Berkeley, CA, 94703 $1,165,000 4 -- 2,359 2,359 SqFt
2701 Grant Street, Berkeley, CA, 94703 $1,099,000 -- -- --
2926 Ellis St, Berkeley, CA, 94703 $1,000,000 3 1 1,438 1,438 SqFt
1612 Parker St, Berkeley, CA, 94703 $2,750,000 -- -- --
1530 Stuart St, Berkeley, CA, 94703 $1,000,000 4 3 1,680 1,680 SqFt
1515 Derby St, Berkeley, CA, 94703 $949,000 4 2 1,355 1,355 SqFt
1535 Julia St, Berkeley, CA, 94703 $1,225,000 -- -- --
3114 California, Berkeley, CA, 94703 $1,395,000 7 4 3,190 3,190 SqFt
3214 California St, Berkeley, CA, 94703 $1,198,000 4 2 1,858 1,858 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 04/07/2026 @ 01:57

MLS: 41122900 LISTED BY: Willem Bos, COMPASS 415-660-9955 SOURCE: CRMLS

Selling? Save $170,501 when you sell a home like this

Learn More about this Property