1732 University Ave,Berkeley, CA 94705
Berkeley, CA 94705
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.
Details
| MLS # | 41130262 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 151 |
| Listing Provided By | Keller Williams Realty | Joey Wang |
Features
| Units | 25 |
|---|---|
| Acreage | 0.32 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Gas Water Heater, Dryer, Washer |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Stucco |
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Berkeley |
| Zip Code | 94705 |
| Community Name | BERKELEY |
| Listing VS Median (in BERKELEY) | |
Price: $4,200,000 low | high Med: $0 On site: 151 low | high Med: | |
Market Activity 94705
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Berkeley |
| Zip Code | 94705 |
| Community Name | BERKELEY |
| Listing VS Median (in BERKELEY) | |
Price: $4,200,000 low | high Med: $0 On site: 151 low | high Med: | |
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