$4,488,000
3 Beds
2 Baths
12,288 sqft (on 0.31 acres)
Josephine St, Berkeley, CA 94703
Est. Mortgage $28,164/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1960
0.31 acre lot
$365/sqft
Carport
Local Information
- Map ViewExplore the area around Josephine St.
- Schools5 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
1430 Josephine Street, a 19-unit, fully occupied multifamily investment opportunity located in one of Berkeley's most desirable rental submarkets. Built in 1960, the property spans 12,288 square feet on a 0.31-acre lot and offers a highly desirable unit mix of fifteen 2-bedroom and four 1-bedroom units, complemented by 12 carport parking spaces. Offered at $4,488,000 ($236,211 per unit / $365 per square foot), the asset is 95% leased and generating a stable 6.03% current cap rate, with in-place rents running approximately 23% below market creating substantial upside for a new owner through natural turnover and lease-up to market rates, projected to reach an 8.99% pro forma cap rate. Individually metered gas and electric help control owner expenses, while the property's infill North Berkeley location provides convenient access to UC Berkeley, major East Bay employers, BART, and I-80. With Berkeley's limited housing supply and consistently strong renter demand, 1430 Josephine Street offers investors a rare opportunity to acquire a stabilized, high-occupancy asset with significant embedded rental growth in a high-barrier-to-entry market.
Last check for updates: about 10 hours ago
Listing courtesy of Eymon Binesh 02060059, (650) 546-1030
Marcus & Millichap, (650) 391-1700
Source: MLSListings Inc, MLS#ML82057793
Also Listed on MLSListings Inc.
Home Details for Josephine St
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 12288 Square Feet |
Appliances & Utilities Utilities: Public Utilities, Water Public |
Heating & Cooling Heating: GasNo CoolingAir Conditioning: NoneHeating Fuel: Gas |
Gas & Electric Gas: PublicUtilities |
Windows, Doors, Floors & Walls Door: None |
Levels, Entrance, & Accessibility Accessibility: None |
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Exterior Home Features Roof: Rolled Hot MopFoundation: Concrete Perimeter |
Parking & Garage Has a CarportNo GarageParking Spaces: 6Parking: Assigned,Carport |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 37 |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Five Or More Units, Residential Income |
Property Information Included in Sale: OvenRangeAllUnitsParcel Number: 059227301301 |
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Price List Price: $4,488,000Price Per Sqft: $365 |
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Direction & Address City: Berkeley |
School Information Elementary School District: BerkeleyUnifiedHigh School District: BerkeleyUnified |
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Listing Agent Listing ID: ML82057793 |
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Building Area Building Area: 12288 |
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Units in Building: 19 |
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Lot Area: 0.31 acres |
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Special Conditions: Standard |
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Listing Agreement Type: ExclusiveRightToSell |
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Mls Number: ML82057793Projected Close Date: Mon Oct 05 2026 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Northbrae
At least 13 Trulia users voted on each feature.
94 % Say it's walkable to grocery stores
94 % Say there are sidewalks
94 % Say people would walk alone at night
93 % Say it's dog friendly
86 % Say parking is easy
84 % Say there's wildlife
80 % Say it's walkable to restaurants
80 % Say yards are well-kept
79 % Say car is needed
78 % Say kids play outside
71 % Say neighbors are friendly
67 % Say it's quiet
67 % Say there's holiday spirit
61 % Say streets are well-lit
54 % Say there are community events
43 % Say they plan to stay for at least 5 years
Sourced by Trulia users. Learn more about our methodology.
Market trends in Berkeley
Last updated August 2026
Avg. sale price
$1.49M
$4.17KMoM
Sale-to-List Price
129.6%
0.9%MoM
Price per sq ft
$963
$0MoM
Available listings
120
3MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.52 | Multi-Family Home | $2,525,000 | 04/17/26 | 5 | 3 | 10,330 | |
0.32 | Multi-Family Home | $4,250,000 | 06/04/26 | 1 | 1 | 13,296 | |
0.12 | Multi-Family Home | $2,150,000 | 01/12/26 | 4 | 6 | 3,434 | |
0.37 | Multi-Family Home | $1,900,000 | 01/06/26 | 4 | 3 | 3,540 | |
0.25 | Multi-Family Home | $1,855,000 | 10/20/25 | 4 | 4 | 2,925 | |
0.45 | Multi-Family Home | $950,000 | 03/27/26 | 4 | 2 | 1,265 | |
0.48 | Multi-Family Home | $3,300,000 | 07/20/26 | 8 | 6 | 3,894 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $1,650,000 | 3 | 2 | 1,838 | Recently Sold | |
0.06 | $2,168,888 | 5 | 3 | 2,277 | Recently Sold | |
0.05 | $1,702,200 | 4 | 2 | 2,291 | Off Market | |
0.10 | - | 11 | - | 4,774 | Off Market | |
0.06 | $1,604,900 | 2 | 1 | 1,158 | Off Market | |
0.11 | $2,701,511 | 6 | 2.5 | 2,937 | Recently Sold | |
0.12 | $2,150,000 | 4 | 6 | 3,434 | Recently Sold | |
0.12 | $2,333,700 | 3 | 1 | 1,960 | Off Market | |
0.13 | $1,322,300 | 2 | 1 | 977 | Off Market | |
0.11 | $1,870,000 | 3 | 1 | 1,315 | Recently Sold | |
0.14 | $2,088,700 | 4 | 2 | 2,090 | Off Market | |
0.15 | $592,500 | 1 | 1 | 700 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 14, 2026 Source: MLSListings Inc #ML82057793 | Pending | $4,488,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Eymon Binesh, Marcus & Millichap, (650) 391-1700
Agent Phone: (650) 546-1030
Based on information from the MLSListings MLS as of 2026-09-20 23:26:29 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Frequently asked questions about Josephine St
- What is the estimated monthly payment for Josephine St?Based on a $4,488,000 list price with 20% down at today's rates, the estimated monthly payment for Josephine St in Berkeley, CA is approximately $28,919 (about $24,281 principal & interest, $4,563 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for Josephine St compare to homes in Berkeley?Josephine St in Berkeley, CA is listed at $4,488,000, about 202% above the $1.49M median sale price in Berkeley.
- What do residents say about the Northbrae neighborhood?Residents describe the Northbrae neighborhood in Berkeley, CA as walkable to grocery stores, pedestrian-friendly, and dog-friendly. See homes for sale in Northbrae, Berkeley.
- What are the closest schools to Josephine St?The closest schools to Josephine St in Berkeley, CA are Berkeley Arts Magnet at Whittier School (Elementary, rated 10/10), Berkeley High School (rated 9/10), Martin Luther King Middle School (rated 9/10).
- Does Josephine St have parking?Yes, Josephine St in Berkeley, CA has on-site parking.