1433 Dwight Way

Berkeley, CA 94702

$1,800,000
Price
Beds
Baths
4,432 Sq. Ft.
$406 / Sq. Ft.
4,432
Sq. Ft.
$406
per Sq. Ft.

Description

First Time on the market in over 30 years, this attractive modern well-maintained Six-Unit apartment building represents an excellent investment opportunity. The 6 two-bedroom 1 bath units (one with bonus room /office) are well laid out and have remodeled or updated kitchens and Baths. The property produces good income with the property being offered at a Pro Forma 10.67 GRM and a 5.89% Cap Rate. Separate meters for gas and electric and separate hot water heaters help keep expenses low. 6-Car parking...First Time on the market in over 30 years, this attractive modern well-maintained Six-Unit apartment building represents an excellent investment opportunity. The 6 two-bedroom 1 bath units (one with bonus room /office) are well laid out and have remodeled or updated kitchens and Baths. The property produces good income with the property being offered at a Pro Forma 10.67 GRM and a 5.89% Cap Rate. Separate meters for gas and electric and separate hot water heaters help keep expenses low. 6-Car parking in front of the building. Common Laundry room. Rear yard with bike rack. New exterior paint. located in the vibrant West Berkeley neighborhood. This property is conveniently located near restaurants, cafes, shops, parks, and transportation. Call listing agents for marketing package, disclosure package, and showings. Sellers willing to consider seller financing with 30% down at 6% interest.

Listing Agents

  1. Susan Koide

    Susan Koide

    Listing Agent

    Compass

    DRE #01922318

    susan.koide@compass.com

    P: (415)-407-1382

  2. Jack Silva

    Jack Silva

    Alternative Listing Agent

    Compass

    DRE #00863003

Property Details for 1433 Dwight Way

City
BERKELEY
Dist Neighborhood Subdiv
POETS CORNER
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage Spaces
6
Garage/Parking
Off-Site Parking
Total # Parking Spaces
6
LISTING UPDATED: 04/26/2025 06:56 PM

Property Details for 1433 Dwight Way

StatusActive
MLS #41089917
Days on Compass40
Taxes$29,505 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1959
Lot Size0.14 AC / 6,000 SF
CountyAlameda County

Building Information for 1433 Dwight Way

Stories-Residences6Year Built1959Building Size-Lot Size0.14 AC / 6,000 SF

Property Information for 1433 Dwight Way

Features
Feature Details
  • Flooring: Hardwood Floors, Laminate, Carpet
  • Garage: No
  • Laundry: Coin Operated, Common Room, Community Facility, Dryer, Washer
  • Pool: No
Room Details
  • Bedrooms Count: 13
Utility Details
  • Cooling: None
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public, Septic Connected
Lot / Property Details
Property Details
  • Additional Equipment: All Public Utilities, Carbon Mon Detector, Double Strapped Water Htr, Dryer, Internet Available, Washer, Water Heater Gas
  • City Transfer Tax: Yes
  • Complex Name: CITY LIMITS
  • Exterior: Stucco
  • Lot Description: Level
  • Lot Sq Ft Apx: 6000
  • Lot Size Square Feet: 6000.0
  • Roof: Bitumen
  • Sq Ft Apx: 4432
  • Stories: Two Story
  • Year Built: 1959
Location Details
  • Directions to Property: 1 1/2 Blks off of Sacramento
  • FIPS Code: 06001
  • Census Tract: 4231
  • Parcel Number: 56-1919-20-1
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 6
  • Basement: None
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Broker, Property Manager, Rental Agreement
Income / Expense Details
  • Operating Expenses: Electric, Gas, Insurance, Maintenance/Repair, Property Tax/Assessments, Trash Removal, Water, Other
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 3
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 Dining Room: No
  • Unit # 1 Air Cond: No
  • Unit # 1 Fireplace: No
  • Unit # 1 Refrigerator: Yes
  • Unit # 1 Range Oven: Yes
  • Unit # 1 # of Bedrooms: 2
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Parking Spaces: 1
  • Unit # 1 Approx SqFt: 685
  • Unit # 1 Rent: 2500
Unit 2
  • Unit 2 # Units This Type?: 2
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 Dining Room: No
  • Unit # 2 Air Cond: No
  • Unit # 2 Fireplace: No
  • Unit # 2 Refrigerator: Yes
  • Unit # 2 Range Oven: Yes
  • Unit # 2 # of Bedrooms: 2
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Parking Spaces: 1
  • Unit # 2 Approx SqFt: 690
  • Unit # 2 Rent: 2062
Unit 3
  • Unit 3 # Units This Type?: 3
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 Dining Room: No
  • Unit # 3 Air Cond: No
  • Unit # 3 Fireplace: No
  • Unit # 3 Refrigerator: Yes
  • Unit # 3 Range Oven: Yes
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Parking Spaces: 1
  • Unit # 3 Approx SqFt: 685
  • Unit # 3 Rent: 2181
Unit 4
  • Unit 4 # Units This Type?: 3
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 Dining Room: No
  • Unit # 4 Air Cond: No
  • Unit # 4 Fireplace: No
  • Unit # 4 Refrigerator: Yes
  • Unit # 4 Range Oven: Yes
  • Unit # 4 # of Bedrooms: 2
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Parking Spaces: 1
  • Unit # 4 Approx SqFt: 685
  • Unit # 4 Rent: 2100
Unit 5
  • Unit 5 # Units This Type?: 2
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 Dining Room: No
  • Unit # 5 Air Cond: No
  • Unit # 5 Fireplace: No
  • Unit # 5 Refrigerator: Yes
  • Unit # 5 Range Oven: Yes
  • Unit # 5 # of Bedrooms: 2
  • Unit # 5 # of Bathrooms: 1
  • Unit # 5 Parking Spaces: 1
  • Unit # 5 Approx SqFt: 690
  • Unit # 5 Rent: 2500
Building Details
  • Additional Features-Misc: Balcony/Patio, Wired For Cable TV
  • Apx Lot Acres: 137
  • Inspection Reports Available: Home, Sewer or Septic Report, Structural Pest Control
  • Managers Unit: owner
  • On Site Parking Description: Off Site Parking
  • Tot Ann Oper Exp: 62659.0
Income / Expense Details
  • Annual Gross Sched Income: $168,776
  • Annual Insurance Expense: $6,239
  • Annual Maint Expense: $6,000
  • Annual Taxes: $29,505
  • Annual Util Expense: $423
  • Gross Rent Multiplier: 10.67
  • Net Operating Income: $106,107
Other Financial Information
  • Apprx Equity: 100.0
  • Cap Rate: 5.89
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1433 Dwight Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1433 Dwight Way

Taxable ValueLand$53,362Additions$97,350Total$150,712
Tax Record2024$9,658 ($805 / month)
Home Facts
Total Finished SqFt4,432 SqFtAbove Grade Finished SqFt4,432 SqFtStories2Lot Size6,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountyALAMEDAAPN56-1919-20-1

Schools near 1433 Dwight Way

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Malcolm X Elementary School
PublicK to 5

Berkeley Arts Magnet at Whittier School
PublicK to 5

Oxford Elementary School
PublicK to 5

Washington Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1433 Dwight Way is a multi-family home for sale in Berkeley, CA 94702. This property was listed for sale on March 18, 2025 by Compass, it's currently listed at $1,800,000. This listing's school district is Berkeley Unified School District. Nearby schools include Malcolm X Elementary School, Berkeley Arts Magnet at Whittier School and Oxford Elementary School. 1433 Dwight Way is a 0-bed, 0-bath, 4,432 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Susan Koide, DRE #01922318; Compass Commercial, Jack Silva, DRE #00863003

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.