1732 University Ave Berkeley, CA 94703
Downtown Berkeley NeighborhoodEstimated payment $26,440/month
Highlights
- 13,800 Sq Ft lot
- Wood Flooring
- Attached Garage
- Washington Elementary School Rated A
- No HOA
- 4-minute walk to Ohlone Park
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Home Design
- Composition Shingle Roof
- Stucco
Flooring
- Wood
- Carpet
- Tile
Laundry
- Dryer
- Washer
Parking
- Attached Garage
- Parking Lot
Utilities
- No Cooling
- Wall Furnace
Additional Features
- Free-Standing Range
- 13,800 Sq Ft Lot
Community Details
- No Home Owners Association
- 25 Units
- Berkeley Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $48,225 | $1,688,858 | $647,395 | $1,041,463 |
| 2024 | $48,225 | $1,655,747 | $634,703 | $1,021,044 |
| 2023 | $46,984 | $1,623,284 | $622,259 | $1,001,025 |
| 2022 | $45,582 | $1,591,460 | $610,060 | $981,400 |
| 2021 | $45,308 | $1,560,257 | $598,098 | $962,159 |
| 2020 | $41,392 | $1,544,264 | $591,968 | $952,296 |
| 2019 | $38,464 | $1,513,988 | $580,362 | $933,626 |
| 2018 | $37,476 | $1,484,306 | $568,984 | $915,322 |
| 2017 | $35,990 | $1,455,209 | $557,830 | $897,379 |
| 2016 | $34,851 | $1,426,680 | $546,894 | $879,786 |
| 2015 | $34,210 | $1,405,250 | $538,679 | $866,571 |
| 2014 | $34,076 | $1,377,728 | $528,129 | $849,599 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2026 04/09/26 | For Sale | $4,200,000 | -- | $239 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $3,100,000 | Commercial | |
| Closed | $114,900 | Commercial | |
| Closed | $114,900 | Commercial |
Source: bridgeMLS
MLS Number: 41130262
APN: 056-2011-021-00
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Ask me questions while you tour the home.