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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1504 10th Street, Berkeley – $1,525,000

  • $1.5M Price
  • .2 Acres
  • 55 DOM
  • $1.5M Price
  • .2 Acres
  • 55 DOM

1504 10th Street

The offering presents 1504 10th Street, Berkeley, CA, a well-maintained 6-unit multifamily property comprising 6 1-bedroom, 1-bathroom units. The 3,194 sq. ft. building sits on a 0.20-acre lot and is currently 67% occupied. Built in 1926, the property offers a prime location near UC Berkeley and is within walking distance of restaurants, shops, and public transit. With below-market rents, there is a significant value-add opportunity to increase rents to market rates and improve occupancy. The current rent roll totals $11,627/month, with a pro forma rent roll of $14,400/month, representing a 19% upside. The current cap rate is 5.90%, with a proforma cap rate of 7.90%, indicating strong potential for future returns.

Essential Information

  • MLS® #41129017
  • Price$1,525,000
  • Bathrooms0.00
  • Acres0.20
  • Year Built1926
  • TypeResidential Income
  • StatusActive

Community Information

  • Address1504 10th Street
  • SubdivisionBERKELEY
  • CityBerkeley
  • CountyAlameda
  • Zip Code94710

Amenities

  • Parking Spaces2

Interior

  • HeatingWall Furnace
  • CoolingSee Remarks

Exterior

  • RoofShingle

Additional Information

  • Date ListedMarch 30th, 2026
  • Days on Market55

Listing Details

  • AgentEmil Jellinek
  • OfficeMarcus & Millichap
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Price Change History for 1504 10th Street, Berkeley, (MLS® #41129017)

Date Details Change
Price Reduced from $1,600,000 to $1,525,000 $75,000 (4.69%)

Emil Jellinek, Marcus & Millichap.

Based on information from California Regional Multiple Listing Service, Inc. as of May 25th, 2026 at 9:30pm PDT. 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.