Home | Alameda County | Berkeley | 94703 | 1720 Hearst Ave
MLS: BE41131548 | Status: | Price: $2,200,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 4,154 | 6,250 | 1961 |
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 ... Offers reviewed on WEDNESDAY, April 29th at 3pm.
| Field | Value |
|---|---|
| MLS # | BE41131548 |
| MLS Source | Bay East |
| Days on Site | 3 |
| Feature | Details |
|---|---|
| Flooring | Carpet - Partial, Vinyl |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Garage/Parking | Parking Area, Garage: Car(s) |
| Complex Amenities | None |
Kevin Obrien
Re/Max Accord
License #: 01385083
Phone: (925) 595-0422
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 6446 Colby St | $2,195,000 | – | – | 5,513 | |
| 1260 63rd St | $1,875,000 | – | – | 3,900 | Active |
| 1937 Haste St | $1,975,000 | – | – | 3,662 | |
| 3029 Wheeler Street | $1,995,000 | – | – | 3,439 | Active |
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This listing information is up-to-date as of April 22, 2026. For the most current information, please contact Kevin Obrien, (925) 595-0422.