About 1718 Bancroft Way
Discover this unique mixed-use property located in the heart of Berkeley. This building offers a combination of residential and commercial spaces, featuring three residential income units on the second level and three commercial/retail spaces at street level. The vacant residential unit is a 1-bedroom, 1-bathroom space with a notable feature: a spacious second-level loft accessible by an interior staircase in the unit. The size and presence of this loft allow the unit to function more like a 2-bedroom unit, potentially attracting higher rental income. It is move-in ready with fresh interior paint, new carpeting and refinished wood floors. Directly below this unit are vacant commercial spaces, offering unique convenience for this considering potential construction or a build-out. The second level also features two tenant-occupied and pleasant 1-bedroom units. The vacant commercial spaces have storefront facades, high ceilings, and natural light. Two adjacent commercial units on Roosevelt Avenue share a bathroom and kitchenette with internal access, allowing for consolidation. The third commercial unit is occupied by a long-term business (since 1990). The building showcases the character, charm, and quality craftsmanship typical of the early 1900s. Minutes from downtown Berkeley.
Features of 1718 Bancroft Way
MLS® # | 41096404 |
---|---|
Price | $1,625,000 |
Square Footage | 5,207 |
Acres | 0.10 |
Type | COMM RI MULTI-UNITS 5+ |
Sub-Type | 5 or More Units |
Status | Active |
Community Information
Address | 1718 Bancroft Way |
---|---|
Subdivision | CENTRAL BERKELEY |
City | Berkeley |
County | Alameda |
State | CA |
Zip Code | 94703 |
Amenities
Utilities | Individual Gas Meter |
---|---|
Parking | Parking Lot |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Dryer, Washer, Gas Water Heater |
---|---|
Heating | Natural Gas |
Cooling | None |
Fireplace | No |
Exterior
Lot Description | Corner Lot |
---|---|
Construction | Stucco |
Additional Information
Date Listed | May 7th, 2025 |
---|---|
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Elic Suazo |
---|---|
Office | Red Oak Realty |