Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Realty
Property view
Listing view 2
Listing view 3

1507 Prince St, 
Berkeley, CA 94703

$2,850,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Willem Bos

Kevin Velotta

Compass

Compass Commercial

415-660-9955

Last updated:

February 4, 2026, 05:38 AM

MLS#

41122900

Source:

CRMLS

About This Home

1507 Prince St

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.

Home Facts

Multi-Family

Built in 1930

Price Summary

2,850,000

MLS #:

41122900

Last Updated:

February 4, 2026, 05:38 AM

Added:

2 day(s) ago


Structure

Structure

Year Built:

1930


Lot

Lot Size (Sq. Ft):

8,315


Finances & Disclosures

Finances

Price:

$2,850,000

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of February 5, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.