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1507 Prince St

berkeley, CA 94703

$2,850,000

    INTERESTED? LET'S CONNECT

    Compass Commercial is proud to present 1507 Prince Street, Berkeley, a mixed-use investment offered at $2,850,000, delivering a strong 7.46% Cap Rate and 8.6 GRM with durable in-place income and clear upside. The property consists of 13 total units across two buildings, including four ground-floor retail suites with prime frontage along Sacramento Street and nine residential units, plus a detached Victorian-style home. The residential mix includes seven one-bedroom one-bath units, one two-bedroom one-bath unit, and a four-bedroom two-bath single-family home, providing a diversified and resilient tenant base. Recent electrical and plumbing upgrades significantly reduce near-term capital exposure. Retail tenants are long-term, stable operators with interest in longer lease terms, while residential rents remain below market, creating meaningful upside through turnover and strategic management. Additional amenities include a gated parking lot with approximately five spaces, a valuable feature in this location. Ideally situated in South Berkeley, the property benefits from excellent visibility, walkable neighborhood amenities, and proximity to BART, major freeways, Downtown Berkeley, and University of California, Berkeley.

    Details

    0.1909 Private Acres Lot Size

    Investment

    Built in 1930

    MLS/Listing ID 41122900

    13 Units

    Amenities & Features

    Washer

    Dryer

    Construction - Vinyl Siding

    Construction - Concrete

    Lot - Corner Lot

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    INTEREST

    Interested in 1507 Prince St?