Pleased to present 1360 Berkeley Way, a nineteen (19)-unit multifamily property situated on a 5,625 square foot lot in one of Berkeley's most sought-after neighborhoods. Built in 1929, the approximately 11,011 square foot building features an attractive unit mix of eleven (11) one-bedroom/one-bath units, seven (7) studio units, and one (1) one-bedroom/one-bath penthouse unit, offering broad tenant appeal and stable in-place income. The property has been well maintained and benefits from significant capital improvements, including a newer roof, updated electrical systems, renovated units, dual-pane windows, a newer boiler, water heater, and fresh exterior paint, reducing near-term capital expenditure needs for a new owner. With its desirable unit mix, strong in-place cash flow, and exceptional Berkeley location, 1360 Berkeley Way presents a compelling investment opportunity for investors seeking long-term stability and appreciation in one of the East Bay's premier rental markets. 1360 Berkeley Way is ideally located in Central Berkeley, just blocks from North Berkeley BART Station and within walking distance of the city's renowned dining, shopping, and cultural amenities. Residents enjoy convenient access to Downtown Berkeley, the Gourmet Ghetto, the University of California, Berkeley, and Ohlone Park, while nearby Interstate 80 and University Avenue provide seamless connectivity throughout the East Bay and San Francisco. The property's highly walkable location, excellent public transportation options, and proximity to major employment centers continue to drive strong rental demand, making 1360 Berkeley Way an exceptionally well-positioned multifamily investment in one of the Bay Area's most desirable rental markets.
Multi-familyProperty Type
1929Year Built
5,150 sq ftLot Size
$431,818Price/Sq.Ft.
Listed by Timothy Warren•DRE #02008347• NAI Northern California
West Berkeley, located between San Pablo Avenue and the San Francisco Bay, is an industrial and artsy Berkeley neighborhood with a working waterfront and maker warehouses. The neighborhood’s character concentrates around Fourth Street and Hearst Avenue, where design-forward shops, cafes, and galleries line a walkable retail strip. Converted factories, low-slung workshops, and live-work style buildings give the streets a utilitarian, creative edge. The Berkeley Marina and César Chávez Park frame the western horizon with wide paths and open sky. Local pillars include the Berkeley Art Center, The Freight, and Takara Sake USA. Food and drink landmarks such as Acme Bread and Fieldwork Brewing Company add a distinctly local rhythm.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Vinyl flooring
Basement storage space
Flooring
Vinyl
Heating & cooling
Steam heating
Exterior features
Rectangular lot
Lot size about 0.12 acres
Home design
Lowrise (1–3 floors) multi-unit building
Property type: Commercial — 5+ units
Construction
Stucco construction
Composition roof
Built in 1929
Utilities
Public water
Public sewer
Individual electric meters
Individual gas meters
Financial info
Total of 19 units
Electricity and solar
View estimated energy costs and solar savings for this home
bridgeMLS, Bay East AOR, or Contra Costa AOR #41148979
Sep 21, 2026
Listed
$4,750,000
$431,818/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #41100770
Aug 1, 2025
Listing Removed
—
SDMLS #301753738
Jan 17, 2019
Listing Removed
—
May 22, 2014
Listed
$2,999,000
$272,636/sq ft
SDMLS #301754262
Jan 17, 2019
Listing Removed
—
Nov 18, 2013
Listed
$3,099,000
$281,727/sq ft
Public Records
Jan 23, 1997
Sold
$507,000
$46,091/sq ft
Public Records
Apr 26, 1989
Sold
$332,000
$30,182/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$63,714 (+74.1%)
$269,107 + $573,100
$842,207
2024
$36,592 (+2.6%)
$263,831 + $561,863
$825,694
2023
$35,656 (−11.5%)
$258,658 + $550,847
$809,505
2022
$40,295 (+24.9%)
$248,616 + $529,461
$778,077
2021
$32,270 (−43.7%)
$248,616 + $529,461
$778,077
2020
$57,339 (+63.4%)
$243,741 + $519,080
$762,821
2019
$35,096 (−20.4%)
$241,243 + $513,760
$755,003
2018
$44,111 (−3.4%)
$236,515 + $503,689
$740,204
2017
$45,660 (+18.6%)
$227,332 + $484,135
$711,467
2016
$38,493 (+37.7%)
$227,332 + $484,135
$711,467
2015
$27,946 (−12.1%)
$222,876 + $474,644
$697,520
2014
$31,780 (+5.0%)
$215,229 + $458,360
$673,589
2013
$30,256 (+19.3%)
$215,229 + $458,360
$673,589
2012
$25,354 (+13.1%)
$214,257 + $456,290
$670,547
2011
$22,408 (−0.4%)
$210,057 + $447,344
$657,401
2010
$22,509 (+9.2%)
$205,939 + $438,574
$644,513
2009
$20,619 (+7.4%)
$204,400 + $435,296
$639,696
2008
$19,196
$204,886 + $436,331
$641,217
Public record
Public record
Zoning
Beds
6
Baths
18
Stories
3
Lot width
—
Lot depth
—
Lot size
5,150 Sq. Ft.
Year renovated
1929
Finished Sq. Ft.
11,011
Unfinished Sq. Ft.
—
Total Sq. Ft.
11,011
Year built
1929
Style
Multi-Family (5+ Unit)
County
Alameda County
APN
057 207301700
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
R-2A
Restricted Multiple-Family Residential District
The purpose of the Restricted Multiple-Family Residential (R-2A) district is to: Implement the General Plan by encouraging the development of medium-density residential areas characterized by small multiple-family and garden-type apartment structures with a maximum of open space consistent with this type of development; Make available housing for persons who desire apartment-type accommodations with a maximum of open space; Protect adjacent properties from unreasonable obstruction of light and air; and permit only land use intensity which is compatible with existing low-density residential structures and is not detrimental to the immediate neighborhood.
Permitted uses
Include but are not limited to:
Agriculture-Other
Housing-Other
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 82° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
16 unhealthy days expected this year, 16 days in 30 years
Provided by First Street
Historical weather
Berkeley, CA • 94702
Average low and high temperatures (°F)
62
46
63
48
68
50
65
51
68
53
68
55
69
57
71
58
72
60
72
56
63
50
60
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
76/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Berkeley. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1360 Berkeley Way
There isn’t enough information to generate an accurate estimate at this time. Learn More