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1732 University Ave, Berkeley, CA 94705

$4,200,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Joey Wang | joey.wang@loremultifamily.com
Lic#: 01890931
Broker: Courtesy of Keller Williams Realty
Phone: 510-592-5554

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 41130262

Price: $4,200,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1928

0.32 acres

Lot size: 0.3168

Subdivision: BERKELEY

County: Alameda

Construction: Stucco

Appliances: Gas Water Heater,Dryer,Washer

Heating/cooling: None

Heating description: Wall Furnace

Last Updated: 4/16/2026

Days On Market (DOM): 44

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Lat/Long: 37.870735, -122.276882.
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