1732 University Ave, Berkeley, CA 94705
1732 University Ave, Berkeley, CA 94705
1732 University Ave, Berkeley, CA 94705
1732 University Ave, Berkeley, CA 94705
1732 University Ave, Berkeley, CA 94705
1732 University Ave, Berkeley, CA 94705
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Listed by Joey Wang, DRE #01890931 • Keller Williams Realty
$ 4,200,000
Est. payment | /mo

1 Bed

2 Baths

17,610 SqFt


Save
$ 4,200,000
Est. payment | /mo
Save

1 Bed

2 Baths

17,610 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 17,610 sqft

Price per Sqft $238

MLS Listing ID EB41130262

Bedrooms 1

Year Built 1928

Lot Size 0.317 Acres

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

Positioned on Berkeley's iconic University Avenue just five blocks from UC Berkeley, 1716-1732 University Ave is a 25-unit mixed-use asset offering scale, visibility, and strong in-place performance. The property includes 20 residential units (11 studios and 9 one-bedrooms) and 5 commercial spaces across 17,610 sq ft. A bright, skylit interior courtyard creates a welcoming central space while allowing natural light to flow through the building. Over $2.6M in capital improvements have been completed, including a seismic retrofit and a new roof in 2022. With a Walk Score of 95 and Bike Score of 100, tenants benefit from immediate access to Downtown Berkeley, BART, dining, and retail. Offered at a near 6.3% CAP and approximately $239/sf, this is a rare opportunity to acquire a high-exposure Berkeley asset with both income and long-term upside.

Location

State CA

County Alameda

Area Berkeley Map Area 7

Interior

Heating Wall Furnace

Cooling None

Flooring Tile, Carpet - Wall to Wall, Hardwood

Laundry In Laundry Room, Hookup - Washer/Dryer , Washer, Community Facility, Dryer

Exterior

Exterior Feature Stucco

Parking Features Attached Garage, Parking Area

Garage Spaces 9.0

Roof Type Composition

Others

Special Listing Condition Not Applicable

MLS Listing IDX PLUS

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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1732 University Ave

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