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

0.32 Acres Lot


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

0.32 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Berkeley

MLS Listing ID 41130262

HOA Y/N No

Year Built 1928

Lot Size 0.317 Acres

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 6.5% 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

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Roof Type Shingle

Total Parking Spaces 9

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Joey Wang Keller Williams Realty #01890931

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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