$4,495,000

1626 Dwight Way, Berkeley CA, 94703

Price per sqft$350.30

Built in1963

Property size12,832 sqft

Property typeCommercial

Listed by Eymon Binesh CA DRE# 02060059 with Marcus & Millichap 650-546-1030

Overview

Active

Listed Oct 16, 2026

Updated 12h ago

Rare 21-Unit Value-Add Opportunity in the Heart of Berkeley! Located just minutes from UC Berkeley, downtown Berkeley, and major East Bay transit, this 12,832 SF multifamily asset sits on a generous 0.35-acre lot and features a desirable unit mix of studios, one-bedrooms, and two-bedrooms. Current rents sit meaningfully below market, offering an investor significant upside through lease-up and operational optimization. Individually metered electric and gas, carport parking, recent seismic retrofit, and a low-turnover tenant base round out this well-positioned offering in one of the East Bay's most supply-constrained and durable rental markets. Priced at $4,495,000 ($214k/unit), don't miss this chance to acquire a well-located asset with huge upside potential.

Additional information

MLS^® ID: ML82064817

Interior Features

Bathrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.35 Acres

Other Property Details

Taxes: $86,411
Tax Frequency: Annually
Maintenance Expense: $15,750

Listed by Eymon Binesh CA DRE# 02060059 with Marcus & Millichap 650-546-1030

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/16/2026 at 4:11 PM UTC Last Checked: 4:11 PM UTC