1720 Hearst Ave, Berkeley, CA 94703

Berkeley
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1720 Hearst Ave,Berkeley, CA 94703
$2,200,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kevin obrien
Office: re/max accord925-283-9200
MLS#:41131548
Source:CRMLS

Price summary

  • Price:$2,200,000

About this home

Location! Location! Location! 1720 HEARST AVE … first time on the market in over 40-years … extremely well-maintained 6-unit apartment building … Walk-Score = 9.5 out of 10 = a WALKERS DREAM … 2-blocks to University Ave and Trader Joe’s … across the street from Ohlone Park, Playground and Senior Center … 3-blocks to BART … 5-blocks to Berkeley High School and City Hall … 8-blocks to the NEW computer building at UC Berkeley … 6-blocks to the Gourmet Ghetto … this is a very nice part of town that is close to everything! One apartment is vacant and was just updated – see the photos – the other five apartments are in good condition with updated windows … Apartments are all 2-bedrooms, 1-bath … CAP-RATES current rents = 4.7%, market rents = 5.7% ... GRM = current rents = 13.4, market rents = 11.8 ... NOI (income) = current rents $103,300, market rents = $125,716 ... Cost per unit = $366,667 ... $ per SQ FT = $530. Current rents average $2,289 per month ... Market rents are about...

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Home facts

  • Year built:1961
  • Listing ID #:41131548
  • Added:4 day(s) ago
  • Updated:April 24, 2026 at 10:26 AM

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1961
  • Lot area:0.14 Acres
  • Lot Features:Street Level
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$2,200,000

Features and amenities

  • Amenities:Gas Water Heater

Parking

  • Total parking spaces:6
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