1246 Berkeley Way, Berkeley, CA 94702 - Photo 1

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$1,685,000 Just Listed

For Sale
Active
Commercial Residential Facility
0.2 Acres
Updated 14 hours ago

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Property Description

Welcome to 1246 Berkeley Way, presenting an opportunity to acquire a 7-unit multifamily apartment building in the heart of Berkeley, just off University Ave. Built in 1966 and spanning approximately 5,975 sqft of living space on an 8,497 sqft lot, this parcel offers two separate buildings with an ideal unit mix of four 3-bed x 1-bath units, one 3-bed x 2-bath unit, and two studio units. Studio unit A is vacant. There is off-street parking for 7 vehicles. Projected gross monthly rent is $14,662, or $175,944. Close proximity to North Berkeley BART, UC Berkeley, Berkeley Bowl, Restaurants and Shopping on 4th St, parks, public transportation, and the 80 Freeway makes it a turnkey investment opportunity in an incomparable location. Purchase individually or as part of a portfolio sale. Also available for sale is 5418 Telegraph Ave. Oakland (5 Unit), 712 56th St. Oakland (4 Unit), 3807 High St. Oakland (6 Unit).

Full Property Details

Full Property Details for 1246 Berkeley Way

General

Price: $1,685,000
Status: Active
Type: Commercial Residential Facility
Source: MAX
MLS ID: 41143329
Updated: 8/1/2026
Added to Site: 3 day(s) ago

Interior

Flooring: Other

Parking

Parking Features: Parking Lot, On Street

Location

Area: Listing
County: Alameda
Subdivision: North Berkeley
Driving Directions: GPS.

Heating & Cooling

Cooling Type: None
Heating Type: Wall Furnace

Utilities

Water: Public

Structural Information

Exterior Const.: Stucco, Wood
Roof: Bitumen
Year Built: 1966

Lot Features

Lot Size (Acres): 0.2
Lot Dimensions: 8712
Lot Features: Level

Financial Considerations

For Sale: Yes
Price Per Sq. Ft.: $282
Terms: Cash, Conventional

Disclosures and Reports

Property ID: 57208122

Listed by KW Advisors East Bay, Stephanie Christmas and Justin Paek

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Listing agents

— 1246 Berkeley Way —

Stephanie Christmas

KW Advisors East Bay
Justin Paek

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Schools

Schools serving 1246 Berkeley Way

School District:Berkeley Unified School District

Name	Grades	Distance
Oxford Elementary School 1222 University Avenue, Berkeley, CA 94702	K-5	0.1 mi
Washington Elementary School, Berkeley, CA 2300 Martin Luther King Junior Way, Berkeley, CA 94704	K-5	0.8 mi
Berkeley Arts Magnet at Whittier School 1645 Milvia Street, Berkeley, CA 94709	K-5	1 mi
Martin Luther King Middle School 1781 Rose Street, Berkeley, CA 94703	6-8	0.9 mi
Berkeley High School 1980 Allston Way, Berkeley, CA 94704	9-12	0.9 mi
Malcolm X Elementary School 1731 Prince Street, Berkeley, CA 94703	K-5	1.4 mi
Sylvia Mendez Elementary 2840 Ellsworth Street, Berkeley, CA 94705	K-5	1.6 mi
Cragmont Elementary School 830 Regal Road, Berkeley, CA 94708	K-5	2 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1246 Berkeley Way Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/30/2026

Listed

$1,685,000

124.67%

MLS

8/31/2000

Sold

$750,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1246 Berkeley Way

Year

Property Taxes

Change

Tax Assessment

Change

2025

$27,684

15%

$1,130,047

2024

$24,053

$1,107,891

2023

$23,485

$1,086,171

2022

$22,900

—

$1,064,880

2021

$22,845

$1,044,000

2020

$21,442

$1,034,976

2019

$20,329

$1,013,040

2018

$19,480

-8%

$993,180

-15%

2017

$21,120

19%

$1,172,804

23%

2016

$17,815

$954,621

2015

$17,538

—

$940,290

2014

$17,602

—

$921,877

—

2013

$17,606

—

$917,714

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 1246 Berkeley Way

1246 Berkeley Way, Berkeley, CA 94702 (MLS# 41143329) is a Commercial Residential Facility property. 1246 Berkeley Way is currently listed for $1,685,000 and was received on July 30, 2026. Want to learn more about 1246 Berkeley Way? Do you have questions about finding other Commercial Residential Facility real estate for sale in Berkeley? You can browse all Berkeley real estate or contact a Coldwell Banker agent to request more information.

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1246 Berkeley Way Berkeley, CA 94702