1732 University Ave, Berkeley, CA 94705
1732 University Ave, Berkeley, CA 94705
1732 University Ave, Berkeley, CA 94705
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Parisa Samimi

Parisa Samimi

+1(510) 410-4050
$4,200,000
Est. payment /mo
17,610 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 17,610 sqft

Price per Sqft $238

Subdivision Berkeley

MLS Listing ID 41130262

HOA Y/N No

Year Built 1928

Lot Size 0.317 Acres

Acres 0.32

Property Sub-Type Multi Family

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

Rooms

Basement None

Interior

Heating Wall Furnace

Cooling None

Flooring Hardwood, Tile, Carpet

Fireplace No

Appliance Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater

Laundry Common Area, Dryer, Laundry Room, Washer, Washer/Dryer Hookups

Exterior

Utilities Available Individual Electric Meter

Building

Sewer Septic Tank

New Construction No

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Bridge MLS
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Listed by Joey Wang • Keller Williams Realty

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Parisa Samimi

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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1732 University Ave