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1732 University Ave
For Sale $4,200,000
$4,200,000
- 25 Units
- Unknown Sq Ft
- 13,800 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,200,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 9 spots |
| Year Built | 1928 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | Unknown |
| MLS # | 41130262 |
| Property ID | 322738719 |
| Lot Sqft | 13,800 |
| Zoning | Unknown |
| Total Units | 25 |
| Days on Market | 48 |
| Original List Price | $4,200,000 |
| Applicances | Gas Water Heater,Dryer,Washer% |
| Date Updated | April 16, 2026 |
| Date Created | April 09, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Joey Wang an agent of . Lic #01890931
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of April 16, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT