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1504-1514 10th St 6 Unit Apartment Building $2,590,560 CAD ($431,760 CAD/Unit) 5.79% Cap Rate Berkeley, CA 94710
Investment Highlights
- A verdant setting near cafes, shops, and stores.
- Positioned near transit, retail corridors, and employment centers, offering solid long-term demand.
- Prime West Berkeley location with strong upside potential.
Executive Summary
Discover a rare investment opportunity in the heart of West Berkeley—a charming collection of four cottages complemented by a duplex situated above four garages. The property is set within a lush, landscaped environment featuring a side yard with pavers, lawn, lemon tree, and roses, plus a beautiful garden supported by an automatic irrigation system. Recent upgrades include a new roof on the duplex (2010) and cottages (2016), a drainage system with sump pump (2015), and double-pane windows throughout. Each unit benefits from individual water and PG&E meters, and every residence includes either a garage or dedicated storage space.
Prime West Berkeley location with strong upside potential. Sold as-is. Positioned near transit, retail corridors, and employment centers, offering solid long-term demand. Ideal for value-add investors seeking a project with location-driven stability and future appreciation. High-growth area, flexible use options, and strong rental fundamentals make this a compelling opportunity.
Investment Highlights:
- Strong in-place income with clear upside on vacant unit
- Individually metered units reduce owner utility burden
- One unit currently vacant — ideal for owner-user or rent optimization
- Highly desirable Berkeley rental location with consistent demand
- Full rent roll and detailed financials available upon request
Prime West Berkeley location with strong upside potential. Sold as-is. Positioned near transit, retail corridors, and employment centers, offering solid long-term demand. Ideal for value-add investors seeking a project with location-driven stability and future appreciation. High-growth area, flexible use options, and strong rental fundamentals make this a compelling opportunity.
Investment Highlights:
- Strong in-place income with clear upside on vacant unit
- Individually metered units reduce owner utility burden
- One unit currently vacant — ideal for owner-user or rent optimization
- Highly desirable Berkeley rental location with consistent demand
- Full rent roll and detailed financials available upon request
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
Unit Amenities
- Storage Space
- Garden
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (99)
Property Taxes
| Parcel Number | 059-2311-007-00 | Improvements Assessment | $1,411,184 CAD (2025) |
| Land Assessment | $675,582 CAD (2025) | Total Assessment | $2,086,766 CAD (2025) |
Property Taxes
Parcel Number
059-2311-007-00
Land Assessment
$675,582 CAD (2025)
Improvements Assessment
$1,411,184 CAD (2025)
Total Assessment
$2,086,766 CAD (2025)
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1504-1514 10th St
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