

1744 10th St & 1023 Delaware St
Two Parcels, One Deal. Generous Lot with ADU Potential for Added Income.
Marketing description
VKRea Commercial is proud to exclusively present 1023 Delaware Street and 1744 10th Street — a 10-unit multifamily portfolio located in the highly sought-after West Berkeley neighborhood. This rare opportunity offers long-term appreciation potential in one of Northern California’s most dynamic rental markets. This deal includes two separate parcels with distinct addresses, both located on the same property and being sold together as part of a single transaction.
Built in 1943, these two properties comprise a mix of four buildings with spacious units, including nine one-bedroom/one-bath units and one two-bedroom/one-bath unit, totaling approximately 6,365 rentable square feet. This property is situated on a prominent 10,500-square-foot corner lot and features key amenities including spacious garages for parking or storage. The expansive backyard also offers potential for an Accessory Dwelling Unit (ADU), providing an opportunity for additional rental income. The current owners charge for 3 parking spaces. There are a total of 10 parking spaces that can also provide an opportunity for additional income. There is dedicated laundry for two units in their respective garage space. The rest of the units do not have on-site laundry.
The neighborhood is quiet and well maintained. This property is close to many attractions such as Fourth Street Shops, Berkeley Marina, UC Berkeley, Berkeley Bowl, Bart, and I-80 and I-580 freeways.
Investment highlights
Additional income potential (parking spaces and spacious ADU in the back lot)
Close to popular attractions (Fourth St Shops, Berkeley Marina, UC Berkeley, Berkeley Bowl)
Close to major freeways, public transportation, and Oakland/SFO International Airports
Quiet and clean neighborhood
Beautiful curb appeal
Spacious property
Well-maintained
Vacancy for 1 bedroom/1 bathroom coming in December 2025 — opportunity for additional income
Rent increases effective January 2026 (Total rent has increased to $16,674)
As of January 1, 2026 we have a vacancy in one 1 bedroom/1 bathroom unit.
Rent plus parking monthly total: $17,450
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