Property Details
About this Property
1700 Le Roy Ave presents an exceptional opportunity to acquire a value-add apartment building located in the coveted Northside/Hilltop neighborhood of Berkeley, CA. The property is situated just 3 blocks from UC Berkeley, the # 1 public school is the United States. Built in 1930, this 16,950 SF multifamily investment property is comprised of 15 apartment units spanning 3 stories. The building is situated on a 12,500 SF / 0.29 acre lot and features an attractive courtyard, a secured garage with 16 parking spaces, and an on-site laundry facility. The property boasts a diverse unit mix of 1 studio, 10 1-bedroom units, 3 2-bedroom units, and 1 4-bedroom unit. 4 units are 2-story townhome style units, all of which feature private balconies. The avg. unit size at the property is 848 SF and all but one unit have a formal dining room/area, presenting the unique opportunity to add at least one bedroom in each unit. As of the 2024 Fall semester, there are nearly 45,900 students enrolled at UC Berkeley, and the university can only provide housing for approximately 25% of the student population. With UC Berkeley experiencing a steady increase in student enrollment and a significant shortage of student housing, there's high demand for modern accommodations with student-focused amenities.
MLS Listing Information
MLS #
SF424075225
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
31
Interior Features
Kitchen
Varies by Unit
Appliances
Freezer, Microwave, Oven - Electric, Oven Range - Electric
Flooring
Carpet, Linoleum, Tile, Varies by Unit, Wood
Laundry
Coin Operated
Cooling
None
Heating
Steam
Exterior Features
Roof
Tile, Bitumen
Parking, School, and Other Information
Garage/Parking
Attached Garage, Garage, Garage: 16 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Contact Information
Listing Agent
Keith Manson
CBRE
License #: 01490046
Phone: (510) 874-1919
Co-Listing Agent
Zachary Greenwood
License #: 01960296
Phone: (510) 874-1918
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | – |
1700 Le Roy Ave is a Residential Income in Berkeley, CA 94709. This 16,950 square foot property sits on a 0.287 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $7,260,000 and was built in 1930. This address can also be written as 1700 Le Roy Ave, Berkeley, CA 94709.
©2024 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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This listing information is up-to-date as of October 21, 2024. For the most current information, please contact Keith Manson, (510) 874-1919
