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.

Bay East (c)2025, CCAR (c)2025. bridgeMLS (c)2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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1732 University AvenueBerkeley, CA 94705Price: $4,200,000

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Karen Starr and Brenda Schaefer

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