1626 Francisco Street, Berkeley, CA 94703
- $2,525,000
- Sold Price
- $2,525,000
- List Price
- $2,800,000
- Closing Date
- Apr 17, 2026
- Status
- CLOSED
- MLS#
- ML82037756
- Year Built
- 1964
- Lot Size
- 8,100
- Acres
- 0.19
- Days on Market
- 24
- Property Type
- Commercial
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.
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Additional Information
- Taxes
- $34,504
- Heat
- Electric
- Cooling
- Yes
- Cooling Description
- None
- Water
- Public
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $290,916
Listing courtesy of Listing Agent: Eymon Binesh (ebinesh@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Listing sold by Eymon Binesh from Marcus & Millichap
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.