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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 five 3-bed x 1-bath units and two studio units. Studio unit A will be delivered vacant. There is off-street parking for 7 vehicles. Projected gross monthly rent is $14,662, or $175,944. Close proximity to The Berkeley Marina, 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).

Highlights

  • Residential Income
  • Multi Family
  • Built in 1966
  • 0.2 Acre Lot
  • 105 days on Market

  • Year Built
    1966
  • Construction Materials
    Wood Siding, Stucco
  • Parking Features
    On Street, Parking Lot
  • Living Area
    5975.0
  • Flooring
    Other
  • Security Features
    Smoke Detector(s), Carbon Monoxide Detector(s)
  • Cooling
    None
  • Heating
    Wall Furnace
  • Basement
    None

  • Acres
    0.2
  • Lot Features
    Level
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 1246 Berkeley Way?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1246 Berkeley Way.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1246 Berkeley Way?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,685,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Berkeley, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1246 Berkeley Way?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1246 Berkeley Way at around $9,589. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1246 Berkeley Way?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Alameda County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1246 Berkeley Way?

In most cases, yes. Whether 1246 Berkeley Way is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Berkeley's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1246 Berkeley Way?

We can handle that for you. Our preferred local agent specializes in residential incomes in Berkeley and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,685,000 with 5,975 sqft of space—that comes out to approximately $282 per square foot.

How long has this property been on the market?

1246 Berkeley Way was listed on July 30, 2026, which means it's been on the market for 105 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1966, making it approximately 60 years old.

What is the lot size of this property?

1246 Berkeley Way sits on a 0.2-acre lot, which is 8,712 square feet.

Is 1246 Berkeley Way still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 12, 2026 at 10:17PM.

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