1732 University Ave, Berkeley, CA 94705
1732 University Ave, Berkeley, CA 94705
1732 University Ave, Berkeley, CA 94705
1732 University Ave, Berkeley, CA 94705
1732 University Ave, Berkeley, CA 94705
1732 University Ave, Berkeley, CA 94705
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Kenneth Jamaca

Kenneth Jamaca

+1(925) 413-1849
$ 4,200,000
Est. payment | /mo

17,610 SqFt

Save
$ 4,200,000
Est. payment | /mo
Save

17,610 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 17,610 sqft

Price per Sqft $238

Subdivision Berkeley

MLS Listing ID 41130262

HOA Y/N No

Year Built 1928

Lot Size 0.317 Acres

Acres 0.32

Property Sub-Type Multi Family

Property 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 6.3% CAP and approximately $239/sf, this is a rare opportunity to acquire a high-exposure Berkeley asset with both income and long-term upside.

Location

State CA

County Alameda

Rooms

Basement None

Interior

Heating Wall Furnace

Cooling None

Flooring Hardwood, Tile, Carpet

Fireplace No

Appliance Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater

Laundry Common Area, Dryer, Laundry Room, Washer, Washer/Dryer Hookups

Exterior

Utilities Available Individual Electric Meter

Building

Sewer Septic Tank, Public Sewer

Water Public

New Construction No

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Joey Wang • Keller Williams Realty

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Kenneth Jamaca
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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1732 University Ave