1732 University Ave, Berkeley, CA 94705
- $4,200,000
Listed by Joey Wang, (510) 592-5554 from Keller Williams Realty
(If provided) CoList: from
- List Price
- $4,200,000
- MLS#
- EB41130262
- Status
- ACTIVE
- Lot Size
- 13,800
- Listing Area
- Berkeley Map Area 7
- Year Built
- 1928
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.
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Additional Information
- Acres
- 0.32
- Amenities
- None
- Cooling System
- None
- Exterior Features
- Stucco
- Floor Covering
- Tile, Carpet - Wall to Wall, Hardwood
- Garage Parking
- Attached Garage, Parking Area
- Heating System
- Wall Furnace
- Laundry Facilities
- In Laundry Room, Hookup - Washer/Dryer, Washer, Community Facility, Dryer
- Lot Size
- 13,800
- Neighborhood
- Berkeley Map Area 7
- Numberof Units
- 25
- Roof
- Composition
- Unincorporated Yn
- Yes
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