1626 Francisco Street, Berkeley, CA 94703
Listed by Eymon Binesh • Marcus & Millichap
Bought with Eymon Binesh Marcus & Millichap

$2,525,000

Est. payment /mo

$2,800,000

9.8%
Est.Price: ?

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1626 Francisco Street Berkeley, CA 94703

10,330 SqFt

SOLD DATE : 04/17/2026

Key Details

Sold Price $2,525,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 10,330 sqft

Price per Sqft $244

MLS Listing ID ML82037756

Sold Date 04/17/26

HOA Y/N No

Year Built 1964

Lot Size 8,100 Sqft

Property Sub-Type Other

Source Datashare MLSListings

Property Description

Marcus & Millichap is pleased to present 1626 Francisco Street is a 10-unit multifamily property located just blocks from UC Berkeley in one of Berkeley's most desirable rental corridors. The 10,330-square-foot building features a spacious unit mix of two 3-bedroom, 2-bath units and eight 2-bedroom, 1-bath units, along with nine garage parking spaces and on-site laundry. The property is fully occupied and individually metered for gas and electricity. Current rents are approximately 28% below market, presenting a clear value-add opportunity to increase income as units turn. With its large unit sizes, strong tenant demand near campus, and close proximity to North Berkeley BART and the Gourmet Ghetto, 1626 Francisco Street offers investors a well-located Berkeley asset with meaningful upside.

Location

State CA

County Alameda

Interior

Heating Electric

Cooling None

Fireplace No

Appliance Refrigerator

Laundry Coin Operated

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Bay East Association of Realtors
Mike Blumenkrantz

Mike Blumenkrantz

DRE# 02141849 | License ID: DRE# 02141849

+1(925) 550-4193

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