1526 Arch St - Apartments FOR SALE


Berkeley, CA 94708
$4,200,000 USD
415-288-7811
1526 Arch St, Berkeley, CA for Sale
$4,200,000 USD
Apartments - FOR SALE
1/35
null | 5.5% Cap Rate

1526 Arch St
Berkeley, CA 94708


HIGHLIGHTS

  • Irreplaceable Location - Located 5 Blocks from UC Berkeley Campus
  • Desirable Unit Mix - Studio, 1-Bed, 2-Bed, and 3-Bed
  • On-Site Parking - 4 Garage Spaces, 4 Covered Carports
  • Storage Space - 1:1 Parking Ratio, Fireplace, & laundry Facility On-Site
  • Minutes from World Renowned Telegraph Avenue Retail Corridor
  • 0.9 Miles to Downtown Berkeley BART Station

OVERVIEW

1526 Arch Street is situated in an irreplaceable location just steps from UC Berkeley’s campus and the world-renowned “Gourmet Ghetto” culinary district. The property is an early 1900s vintage apartment building featuring an ideal unit mixed comprised of studios, jr. one-bedroom, one-bedroom, and two-bedroom apartments. Interior finishes range from classic units to lightly renovated kitchens and bathrooms with select units offering private balcony space and fireplaces. Amenities include an on-site laundry facility, ample storage, and parking. The property’s original unit interiors provide variable paths for adding value to the investment. Unlike traditional value-add apartment communities, 1526 Arch Street provides a rare student housing opportunity, benefiting from consistent demand and limited supply. These factors effectively position the property to achieve higher occupancy and rent collection levels, providing investors with consistent cash flow and minimal management needed to operate the facility.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$282 USD /SF

# OF UNITS

10

PRICE/UNIT

$420,000

CAP RATE

5.5%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1938

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,076 SF

ZONING

R-50, Berkeley

APN/PARCEL ID

059-2255-008-00

ASK ABOUT THIS PROPERTY

Matt FlahertyColliersMore Info
415-288-7811

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Matt FlahertyColliersMore Info
415-288-7811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.