About 1732 University Ave
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.
Features of 1732 University Ave
| MLS® # | 41130262 |
|---|---|
| Price | $4,200,000 |
| Square Footage | 17,610 |
| Acres | 0.32 |
| Year Built | 1928 |
| Type | COMM RI MULTI-UNITS 5+ |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1732 University Ave |
|---|---|
| Subdivision | BERKELEY |
| City | Berkeley |
| County | Alameda |
| State | CA |
| Zip Code | 94705 |
Amenities
| Utilities | Individual Electric Meter |
|---|---|
| Parking | Attached, Covered, Garage, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater |
|---|---|
| Heating | Wall Furnace |
| Cooling | None |
| Fireplace | No |
Exterior
| Roof | Shingle |
|---|---|
| Construction | Stucco |
Additional Information
| Date Listed | April 9th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joey Wang |
|---|---|
| Office | Keller Williams Realty |