7-Units | Berkeley

For Sale

1628 Tyler St, Berkeley, CA 94703

This Berkeley property for sale is located at 1628 Tyler St. The general use of 7-Units | Berkeley is multi-family and it incorporates 5,200 square feet of class C multi-family space. The current listed sale price for 7-Units | Berkeley is $2,975,000. 7-Units | Berkeley is situated on a lot that is 0.16 acre in size.

Contacts

broker
Jatin Mehta

Kite Hill Real Estate

Property Details

  • 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 Feb 5, 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.

Getting around

  • 88/100

    Walk Score ®

  • 63/100

    Transit Score ®

  • 98/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Berkeley Bowl

    0.53 miles

  • Berkeley Bowl West

    0.82 miles

  • Whole Foods Market

    0.83 miles

  • Gateway Grocery

    0.83 miles

  • Target

    1.24 miles

  • Public Market

    1.28 miles

  • Safeway

    1.28 miles

  • Trader Joe's

    1.32 miles

  • Mi Tierra

    1.39 miles

  • Star Grocery

    1.49 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jatin Mehta

Kite Hill Real Estate

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