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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1732 University Ave, Berkeley – $4,200,000

  • $4.2M Price
  • .32 Acres
  • 45 DOM
  • $4.2M Price
  • .32 Acres
  • 45 DOM

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.

Essential Information

  • MLS® #41130262
  • Price$4,200,000
  • Bathrooms0.00
  • Acres0.32
  • Year Built1928
  • TypeResidential Income
  • StatusActive

Community Information

  • Address1732 University Ave
  • SubdivisionBERKELEY
  • CityBerkeley
  • CountyAlameda
  • Zip Code94705

Amenities

  • Parking Spaces9

Interior

  • HeatingWall Furnace
  • CoolingNone

Appliances

Gas Water Heater, Dryer, Washer

Exterior

  • ExteriorStucco
  • RoofShingle
  • ConstructionStucco

Additional Information

  • Date ListedApril 9th, 2026
  • Days on Market45

Listing Details

  • AgentJoey Wang
  • OfficeKeller Williams Realty
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Joey Wang, Keller Williams Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of May 25th, 2026 at 7:41pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.