1732 University Ave, Berkeley, CA 94705

Berkeley
Local realty services provided by:Better Homes and Gardens Real Estate Champions
1732 University Ave,Berkeley, CA 94705
$4,200,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joey wang
Office: keller williams realty925-934-2900
MLS#:41130262
Source:CRMLS

Price summary

  • Price:$4,200,000

About this home

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.

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Home facts

  • Year built:1928
  • Listing ID #:41130262
  • Added:49 day(s) ago
  • Updated:May 29, 2026 at 10:33 AM

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Shingle
  • Year built:1928
  • Lot area:0.32 Acres
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$4,200,000

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Gas Water Heater

Parking

  • Total parking spaces:9
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