7-Units | Berkeley

1628 Tyler St, Berkeley, CA 94703

  • For Sale $2,790,000
  • Property Type Multi-Family
  • Property Size 5,200 SF
  • Units 7
  • Lot Size 0.16 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1953
  • Date Updated Mar 3, 2025
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 - 98
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Highlights

  • Two Buildings on One Lot: The property consists of a front-facing triplex (1628) and a rear 4-plex (1630), providing a diverse mix of unit configurations.
  • Significant Capital Improvements: Over $800,000 invested in capital improvements since 2019, with 5 of 7 units fully renovated to feature modern, high-quality finishes.
  • Diverse Unit Mix: The property offers an attractive unit mix, including one 4-bedroom, 2-bath unit; one 3-bedroom, 2-bath unit; one 3-bedroom, 1-bath unit; and four 1-bedroom, 1-bath units, catering to a wide range of tenant demographics.
  • Generous Rentable Space: Spanning 5,200 square feet of rentable living space on a 6,750 square foot lot, the property maximizes potential rental income while offering spacious living accommodations for tenants.
  • Prime Location in Ashby Neighborhood: Situated in the sought-after Ashby area of Berkeley, this property benefits from long-term tenant demand and is within close proximity to key amenities, creating a stable rental market.
  • Exceptional Walkability and Bikeability: With a Walk Score of 88 and a Bike Score of 98, tenants enjoy easy access to local shops, restaurants, and entertainment options without the need for a vehicle.
  • Proximity to Public Transit: Just a 10-minute walk to Ashby BART Station and a 10-minute bike ride to the University of California, Berkeley, providing convenient transportation options for residents.
  • Strong Cash Flow Potential: The property is currently generating strong in-place rental income with an opportunity to increase Net Operating Income (NOI) by up to 15%, offering potential for significant value enhancement.

Contacts

broker

Kite Hill Real Estate

Location

Getting Around

  • Walk Score ®

    88/100 Very Walkable
  • Transit Score ®

    63/100 Good Transit
  • Bike Score ®

    98/100 Biker's Paradise
Powered by Walk Score ®
  • City Berkeley, CA
  • Neighborhood South Berkeley
  • Zip Code 94703
  • Market Bay Area

Points of Interest

  • Ashby

    0.31 miles

  • Emeryville

    1.23 miles

  • Downtown Berkeley

    1.27 miles

  • North Berkeley

    1.54 miles

  • MacArthur

    1.71 miles

  • Berkeley

    1.72 miles

  • 19th Street BART Street Elevator

    3.17 miles

  • Oakland City Center - 12th Street

    3.41 miles

  • Redwood Valley Railway

    3.45 miles

  • West Oakland

    3.48 miles

  • BioFuel Oasis

    0.23 miles

  • Chevron

    0.50 miles

  • Alaska Gas

    0.74 miles

  • Telegas

    0.81 miles

  • 76

    0.85 miles

  • Fuel 24:7

    0.92 miles

  • Mobil

    0.96 miles

  • Shell

    1.11 miles

  • EVgo

    1.32 miles

  • Tesla Supercharger

    1.33 miles

  • Tool Library

    0.35 miles

  • Berkeley Bowl West Parking

    0.79 miles

  • Berkeley Bowl parking

    0.84 miles

  • Alta Bates parking

    0.85 miles

  • Kaiser Permanente employee parking

    0.87 miles

  • The Courtyards at 65th Street Garage

    1.07 miles

  • Children's Hospital & Research Center Oakland - Parking Garage

    1.09 miles

  • Ellsworth Parking Structure

    1.16 miles

  • UCB Parking

    1.16 miles

  • Oxford Garage

    1.21 miles

  • Rose Garden Inn

    0.99 miles

  • Downtown Berkeley Inn

    1.07 miles

  • Chaparral Motel

    1.08 miles

  • Downtown Berkeley YMCA Hotel

    1.18 miles

  • Hotel Shattuck Plaza

    1.20 miles

  • Howard Johnson Berkeley

    1.26 miles

  • Travelodge

    1.27 miles

  • Super 8 Berkeley

    1.29 miles

  • Quality Inn University

    1.30 miles

  • Aiden by Best Western

    1.30 miles

  • Creekwood

    0.20 miles

  • Kaffa Ethiopian Cuisine

    0.20 miles

  • House of Curries

    0.24 miles

  • Lemat

    0.27 miles

  • Vault Cafe

    0.30 miles

  • Domino's

    0.31 miles

  • The Fat Fish

    0.32 miles

  • Tacos sinaloa

    0.33 miles

  • The Bootstrapper

    0.35 miles

  • Flacos

    0.36 miles

  • Malcolm X Elementary School

    0.10 miles

  • Happy baby

    0.12 miles

  • Longfellow Middle School

    0.44 miles

  • American International Montessori

    0.44 miles

  • Sheri Tharp Woodcarving Classes

    0.49 miles

  • Berkeley Technology Academy

    0.55 miles

  • King Child Development Center

    0.57 miles

  • Yu Ming Charter School

    0.58 miles

  • Berkley-Maynard Academy

    0.67 miles

  • Garden Day Montessori School

    0.67 miles

  • South YMCA

    0.19 miles

  • The Rec Room

    0.28 miles

  • Ephesian Children's Center

    0.37 miles

  • East Bay Agency for Children Therapeutic Nursery School

    0.47 miles

  • Aquatic Park center pre school

    0.97 miles

  • Jones Child Study Center

    1.09 miles

  • Happa Baby School

    1.17 miles

  • Haste Street Child Development Center

    1.18 miles

  • Emeryville Child Development Center

    1.22 miles

  • Dwight Way Child Development Center

    1.23 miles

Frequently Asked Questions

How much does 7-Units | Berkeley cost?

The space currently listed for sale at 7-Units | Berkeley asks for $2,790,000.

What is the total square footage of 7-Units | Berkeley?

7-Units | Berkeley totals 5,200 square feet.

When was this property built?

7-Units | Berkeley was built in 1953.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

Kite Hill Real Estate

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