1526 Arch St — Sale in Berkeley, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Berkeley, CA 94708

Investment Figures

Cap rate
4.91%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 1526 Arch Street, a 10-unit apartment community in the highly sought-after North Berkeley neighborhood. Built in 1938, the property features a well-balanced unit mix of one studio, five one-bedroom units, three two-bedroom units, and one three-bedroom unit. Currently operating with three vacant units, the asset offers immediate value-add potential through renovations and lease up to market rents. Amenities include four garage spaces, six covered carports, and on-site laundry. With its classic 1930s character and strong fundamentals, 1526 Arch Street presents a rare opportunity to acquire a value-add asset just a 10-minute walk from UC Berkeley. Investment Highlights: • Priced at $3,840,000, or $384,000 per unit and $413.70 per square foot, the property offers an attractive basis in one of Berkeley's most desirable rental corridors. • The property offers a mix of studio, one-, two-, and three-bedroom units in a highly desirable area, featuring a median household income of approximately $103,727. • Current Cap Rate is 4.91%, with a Pro Forma Cap Rate of 6.37%. The GRM improves from 11.42 to 9.74 after stabilization, increasing profitability and operational efficiency.

Market Context

This multifamily in Berkeley, CA is listed for sale. It is offered at an approximate 4.9% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Berkeley, CA — view the full market.

As of Q1 2026, the Oakland / East Bay multifamily market showed cap rates around 4.9%. Source: multiple brokerage reports, Q1 2026.

Its 4.9% asking cap rate is in line with the Oakland / East Bay multifamily market average of about 4.9%.

Multifamily market FAQ

What is the typical cap rate for multifamily in Oakland / East Bay?
About 4.9% as of Q1 2026, per multiple brokerage reports.

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