- $2.2M Price
- .14 Acres
- 35 DOM
1720 Hearst Ave
Location! Location! Location! 1720 HEARST AVE … first time on the market in over 40-years … extremely well-maintained 6-unit apartment building … Walk-Score = 9.5 out of 10 = a WALKERS DREAM … 2-blocks to University Ave and Trader Joe’s … across the street from Ohlone Park, Playground and Senior Center … 3-blocks to BART … 5-blocks to Berkeley High School and City Hall … 8-blocks to the NEW computer building at UC Berkeley … 6-blocks to the Gourmet Ghetto … this is a very nice part of town that is close to everything! One apartment is vacant and was just updated – see the photos – the other five apartments are in good condition with updated windows … Apartments are all 2-bedrooms, 1-bath … CAP-RATES current rents = 4.7%, market rents = 5.7% ... GRM = current rents = 13.4, market rents = 11.8 ... NOI (income) = current rents $103,300, market rents = $125,716 ... Cost per unit = $366,667 ... $ per SQ FT = $530. Current rents average $2,289 per month ... Market rents are about $2,600 per month ... SEE PROFORMA for more details
Essential Information
- MLS® #41131548
- Price$2,200,000
- Bathrooms0.00
- Acres0.14
- Year Built1961
- TypeResidential Income
- StatusActive
Community Information
- Address1720 Hearst Ave
- SubdivisionN BERKELEY
- CityBerkeley
- CountyAlameda
- Zip Code94703
Amenities
- Parking Spaces6
Interior
- AppliancesGas Water Heater
- HeatingWall Furnace
- CoolingNone
Exterior
- ExteriorStucco
- Lot DescriptionStreet Level
- ConstructionStucco
Additional Information
- Date ListedApril 19th, 2026
- Days on Market35
Listing Details
- AgentKevin Obrien
- OfficeRe/Max Accord
Kevin Obrien, Re/Max Accord.
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.