Property Details
About this Property
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.
MLS Listing Information
MLS #
EB41122900
MLS Source
Bridge MLS
Days on Site
0
Interior Features
Appliances
Dryer, Washer
Flooring
Carpet - Wall to Wall, Other, Wood
Cooling
None
Exterior Features
Roof
Other
Parking, School, and Other Information
Water
Other
Complex Amenities
Other
Contact Information
Listing Agent
Willem Bos
COMPASS
License #: 02013980
Phone: (916) 698-9954
Co-Listing Agent
Kevin Velotta
License #: 01945129
Phone: (415) 345-3000
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1507 Prince St is a Residential Income in Berkeley, CA 94703. This 8,749 square foot property sits on a 8,317 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,850,000 and was built in 1930. This address can also be written as 1507 Prince St, Berkeley, CA 94703.
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This listing information is up-to-date as of February 04, 2026. For the most current information, please contact Willem Bos, (916) 698-9954
