1626 Dwight Way, Berkeley, CA 94703 - Photo 1

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$4,495,000 Just Listed

For Sale
Active
Commercial Residential Facility
12,832 Sq. Ft.
Updated 10 hours ago

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Property Description

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.

Full Property Details

Full Property Details for 1626 Dwight Way

General

Price: $4,495,000
Status: Active
Type: Commercial Residential Facility
Source: RE_Infolink
MLS ID: ML82064817
Updated: Today (10/16/2026)
Added to Site: Today

Additional Information

Pool: Yes
Pool Description: Pool - In Ground
Security/Safety: None

Parking

Parking Features: Off-Street Parking

Location

Area: Berkeley Map Area 8
County: Alameda

Heating & Cooling

Cooling Type: None

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Public Utilities
Metering: Master Water, Separate Electric, Separate Gas

Structural Information

Foundation: Concrete Perimeter
Roof: Rolled Composition
Disability Access: Parking
Square Feet: 12,832
Year Built: 1963

Unit Information

Unit 1

Bedrooms: 2

Unit 2

Bedrooms: 2

Unit 3

Bedrooms: 1

Lot Features

Minimum Lot Size: 15240
Building Sites: 2
Zoning: MF

Disclosures and Reports

Restrictions: None

Listed by Marcus & Millichap, Eymon Binesh

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Listing agent

— 1626 Dwight Way —

Eymon Binesh

Marcus & Millichap

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Schools

Schools serving 1626 Dwight Way

School District:Berkeley Unified School District

Name	Grades	Distance
Washington Elementary School, Berkeley, CA 2300 Martin Luther King Junior Way, Berkeley, CA 94704	K-5	0.4 mi
Malcolm X Elementary School 1731 Prince Street, Berkeley, CA 94703	K-5	0.7 mi
Oxford Elementary School 1222 University Avenue, Berkeley, CA 94702	K-5	0.8 mi
Willard Middle School 2425 Stuart Street, Berkeley, CA 94705	6-8	1 mi
Berkeley High School 1980 Allston Way, Berkeley, CA 94704	9-12	0.5 mi
Sylvia Mendez Elementary 2840 Ellsworth Street, Berkeley, CA 94705	K-5	0.9 mi
Berkeley Arts Magnet at Whittier School 1645 Milvia Street, Berkeley, CA 94709	K-5	1.1 mi
Cragmont Elementary School 830 Regal Road, Berkeley, CA 94708	K-5	2.3 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 1626 Dwight Way Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/16/2026

Listed

$4,495,000

-14.38%

MLS

10/24/2023

Sold

$5,250,000

—

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 1626 Dwight Way

Year

Property Taxes

Change

Tax Assessment

Change

2025

$97,008

—

$5,461,780

2025

$97,008

13%

$5,354,895

2024

$85,542

19%

$5,251,165

26%

2023

$72,070

69%

$4,182,000

133%

2022

$42,573

$1,798,176

2021

$41,988

$1,752,379

2020

$38,828

$1,742,384

2019

$36,195

$1,700,418

2018

$35,344

$1,667,087

2017

$33,856

$1,634,407

2016

$31,703

$1,602,361

2015

$31,285

—

$1,578,299

—

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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 1626 Dwight Way

1626 Dwight Way, Berkeley, CA 94703 (MLS# ML82064817) is a Commercial Residential Facility property. 1626 Dwight Way is currently listed for $4,495,000 and was received on October 16, 2026. Want to learn more about 1626 Dwight 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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1626 Dwight Way Berkeley, CA 94703