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About the Listing BMLS-OBBKWR - BMLS-R01890931
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.
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Gas Water Heater, Dryer, Washer
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
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- Below Ground Sq Ft: n/a
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Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 9
- Roof: Shingle
- Others: Stucco,2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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1732 University Ave Berkeley, CA 94705
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