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.
MLS #
BE41129017
MLS Source
Bay East
Days on Site
21
Flooring
Wood
Cooling
Other
Heating
Wall Furnace
Roof
Composition
Garage/Parking
Attached Garage, Garage: Car(s)
Complex Amenities
Other
1504 10th Street is a Residential Income in Berkeley, CA 94710. This 3,194 square foot property sits on a 8,712 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,600,000 and was built in 1926. This address can also be written as 1504 10th Street, Berkeley, CA 94710.
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This listing information is up-to-date as of April 17, 2026. For the most current information, please contact Emil Jellinek, (510) 384-1417