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.
Details
MLS #
41130262
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1928
Days On Site
151
Listing Provided By
Keller Williams Realty | Joey Wang
Features
Units
25
Acreage
0.32
Interior
Cooling
None
Heating
Wall Furnace
Heating Yes / No
Yes
Cooling Yes / No
Yes
Appliances
Gas Water Heater, Dryer, Washer
Exterior
Roof
Shingle
Construction Materials
Stucco
Area Information
State
CA
County
Alameda
City
Berkeley
Zip Code
94705
Community Name
BERKELEY
Listing VS Median (in BERKELEY)
Price: $4,200,000
low | high
Med: $580,000
100% of Average
On site: 151
low | high
Med: 18
100% of Average
Sourced by Back At You
Market Activity 94705
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 2
Avg $ Per SqFt: $896.21
Min Sale Price: $1,404,000
Max Sale Price: $2,850,000
Med Sale Price: $2,127,000
Date: Jul 2026
Sales: 3
Avg $ Per SqFt: $795.04
Min Sale Price: $950,000
Max Sale Price: $2,100,000
Med Sale Price: $1,210,000
Date: Jun 2026
Sales: 6
Avg $ Per SqFt: $893.02
Min Sale Price: $735,000
Max Sale Price: $2,710,000
Med Sale Price: $1,732,900
Date: May 2026
Sales: 9
Avg $ Per SqFt: $890.72
Min Sale Price: $825,000
Max Sale Price: $3,500,000
Med Sale Price: $2,000,000
Date: Apr 2026
Sales: 22
Avg $ Per SqFt: $976.17
Min Sale Price: $645,000
Max Sale Price: $3,800,000
Med Sale Price: $2,162,500
Date: Mar 2026
Sales: 8
Avg $ Per SqFt: $945.98
Min Sale Price: $1,700,000
Max Sale Price: $4,060,000
Med Sale Price: $2,485,000
Date: Feb 2026
Sales: 6
Avg $ Per SqFt: $850.26
Min Sale Price: $255,000
Max Sale Price: $3,285,000
Med Sale Price: $2,050,000
Date: Jan 2026
Sales: 4
Avg $ Per SqFt: $675.05
Min Sale Price: $885,000
Max Sale Price: $2,400,000
Med Sale Price: $2,187,500
Date: Dec 2025
Sales: 1
Avg $ Per SqFt: $536.83
Min Sale Price: $1,465,000
Max Sale Price: $1,465,000
Med Sale Price: $1,465,000
Date: Sep 2025
Sales: 1
Avg $ Per SqFt: $405.78
Min Sale Price: $1,600,000
Max Sale Price: $1,600,000
Med Sale Price: $1,600,000
Sourced by Back At You
Aug 2026
Sales:
2
Avg $ Per SqFt:
$896.21
Min Sale Price:
$1,404,000
Max Sale Price:
$2,850,000
Med Sale Price:
$2,127,000
Jul 2026
Sales:
3
Avg $ Per SqFt:
$795.04
Min Sale Price:
$950,000
Max Sale Price:
$2,100,000
Med Sale Price:
$1,210,000
Jun 2026
Sales:
6
Avg $ Per SqFt:
$893.02
Min Sale Price:
$735,000
Max Sale Price:
$2,710,000
Med Sale Price:
$1,732,900
May 2026
Sales:
9
Avg $ Per SqFt:
$890.72
Min Sale Price:
$825,000
Max Sale Price:
$3,500,000
Med Sale Price:
$2,000,000
Apr 2026
Sales:
22
Avg $ Per SqFt:
$976.17
Min Sale Price:
$645,000
Max Sale Price:
$3,800,000
Med Sale Price:
$2,162,500
Mar 2026
Sales:
8
Avg $ Per SqFt:
$945.98
Min Sale Price:
$1,700,000
Max Sale Price:
$4,060,000
Med Sale Price:
$2,485,000
Feb 2026
Sales:
6
Avg $ Per SqFt:
$850.26
Min Sale Price:
$255,000
Max Sale Price:
$3,285,000
Med Sale Price:
$2,050,000
Jan 2026
Sales:
4
Avg $ Per SqFt:
$675.05
Min Sale Price:
$885,000
Max Sale Price:
$2,400,000
Med Sale Price:
$2,187,500
Dec 2025
Sales:
1
Avg $ Per SqFt:
$536.83
Min Sale Price:
$1,465,000
Max Sale Price:
$1,465,000
Med Sale Price:
$1,465,000
Sep 2025
Sales:
1
Avg $ Per SqFt:
$405.78
Min Sale Price:
$1,600,000
Max Sale Price:
$1,600,000
Med Sale Price:
$1,600,000
MLS#: 41130262 Listed By: Joey Wang - Keller Williams Realty - 9259342900- phil@phildeutscher.com
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MLS#: 41130262 Listed By: Joey Wang - Keller Williams Realty - 9259342900- phil@phildeutscher.com
