7-Units | Berkeley

Berkeley presents a unique opportunity for multifamily real estate investors, driven by its combination of educational prestige, vibrant culture, and robust housing demand. Home to the University of California, Berkeley, the city attracts a large and consistent student population, alongside faculty, researchers, and academic professionals who contribute to high rental demand. With limited on-campus housing options, students and staff alike seek nearby apartment rentals, creating a stable tenant base that investors can rely on year after year. For investors, this translates into consistent occupancy rates and an active rental market, where demand for quality housing options shows no signs of slowing. The city’s commitment to sustainable urban living and community amenities makes Berkeley an appealing choice for a wide range of residents beyond the academic community. Berkeley’s neighborhoods are known for their walkability, rich local culture, and proximity to dining, shopping, and outdoor spaces. This lifestyle appeals to young professionals, families, and retirees who prioritize convenience and quality of life. With these diverse demographics, the multifamily housing market in Berkeley is versatile and highly attractive for investors aiming to cater to a broader tenant base. Additionally, Berkeley's thriving arts and cultural scene, coupled with year-round events, bolsters the city’s desirability, further supporting property value growth and rental stability. Investment in Berkeley real estate also benefits from the city’s proactive approach to sustainable development and transit improvements. The city is known for policies that prioritize eco-friendly living, such as green building standards and initiatives to reduce carbon emissions. Its extensive public transportation options, including BART and bus lines, connect Berkeley seamlessly to the rest of the Bay Area, attracting tenants who work in surrounding regions. Investors in Berkeley’s multifamily market can leverage these advantages, as properties that align with sustainability standards and offer excellent transit access are in high demand among environmentally conscious tenants. For those focused on long-term growth and high occupancy rates, Berkeley offers a compelling market with enduring appeal. Scores Walk Score - 88 Transit Score - 62 Bike Score - 98This property in Berkeley’s desirable Ashby neighborhood offers a compelling investment opportunity with solid income potential and metrics that appeal to multifamily investors. Generating $21,315 in monthly rental revenue and totaling $255,780 annually, it provides a steady income stream supported by a competitive 5.54% cap rate and a 11.52 gross rent multiplier (GRM). With 5,200 sq. ft. of living space on a 6,750 sq. ft. lot, the property’s spacious layout maximizes rental income and enhances tenant appeal in one of Berkeley’s in-demand areas. Beyond financial performance, the property’s location aligns well with current tenant lifestyle trends. Ashby is a highly walkable and bike-friendly neighborhood, boasting an impressive Walk Score of 88 and Bike Score of 98, which makes it ideal for tenants seeking easy access to local amenities and sustainable living options. With a Transit Score of 62, residents also benefit from convenient access to public transportation, appealing to commuters and car-free tenants. These factors contribute to a property that combines income potential with strong tenant demand, making it an excellent investment in Berkeley’s multifamily market.