For sale

$4,495,000

Dwight Way, Berkeley, CA 94703

5beds

5baths

12,832sqft

$32,966/mo

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Five Or More Units, Residential Income

Built in 1963

-- sqft lot

$-- Zestimate^®

$350/sqft

$-- HOA

What's special

Carport parking

Rare 21-Unit Value-Add Opportunity in the Heart of Berkeley! Located just minutes from UC Berkeley, downtown Berkeley, and major East Bay transit, this 12,832 SF multifamily asset sits on a generous 0.35-acre lot and features a desirable unit mix of studios, one-bedrooms, and two-bedrooms. Current rents sit meaningfully below market, offering an investor significant upside through lease-up and operational optimization. Individually metered electric and gas, carport parking, recent seismic retrofit, and a low-turnover tenant base round out this well-positioned offering in one of the East Bay's most supply-constrained and durable rental markets. Priced at $4,495,000 ($214k/unit), don't miss this chance to acquire a well-located asset with huge upside potential.

10 days
158
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5

Heating

Cooling

None

Interior area

Total structure area: 12,832
Total interior livable area: 12,832 sqft

Property

Parking

Total spaces: 10
Parking features: Off Street
Has carport: Yes

Accessibility

Accessibility features: Parking

Lot

Size: 0.35 Acres

Details

Parcel number: 054180602503
Zoning: MF
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income

Materials

Foundation: Concrete Perimeter
Roof: RolledHotMop

Condition

Year built: 1963

Utilities & green energy

Gas: PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public

Community & HOA

Location

Region: Berkeley

Financial & listing details

Price per square foot: $350/sqft
Date on market: 10/16/2026
Listing agreement: ExclusiveRightToSell
Lease term: Month To Month

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/16/2026	Listed for sale	$4,495,000-14.4%$350/sqft
Source: MLSListings Inc #ML82064817 Report a problem
10/30/2023	Sold	$5,250,000-10.7%$409/sqft
Source: MLSListings Inc #ML81944048 Report a problem
10/4/2023	Listed for sale	$5,880,000$458/sqft
Source: MLSListings Inc #ML81944048 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: Ashby

Getting around

82 / 100

Very Walkable

66 / 100

Good Transit

94 / 100

Biker's Paradise

Nearby schools

GreatSchools rating

8/10
Sylvia Mendez Elementary
Grades: K-5Distance: 0.7 mi
10/10
Willard Middle School
Grades: 6-8Distance: 0.9 mi
9/10
Berkeley High School
Grades: 9-12Distance: 0.4 mi

Schools provided by the listing agent

District: BerkeleyUnified

Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.