2414 Telegraph Ave Berkeley, CA 94704
Premier mixed-use property with residential and retail units near UC Berkeley.
Lot size:
16.00 AcresProperty Features for 2414 Telegraph Ave
General Information
- Lot size
- 16.00 Acres
Building Details
- Year built
- 1919
Source:
Nainorcal
Listing Agent: James Kilpatrick
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Asset Near UC Berkeley
Located two blocks from UC Berkeley in the Telegraph Avenue District, this mixed-use property presents an investment opportunity. The property comprises 42 units, including 37 residential units and 5 retail spaces, along with an income-producing patio of approximately 2,000 square feet. The Berkeley multifamily submarket, with over 19,000 units, benefits from the presence of the University of California, creating a consistent demand from renters. Renters account for approximately 60% of households, exceeding the metro average of 40%. Berkeley has experienced population growth, adding around 11,000 residents since 2010, a gain of over 10%. The property includes 5 parking spaces and 10 carports with redevelopment potential. Significant capital improvements have been made, and the large lot offers value-add potential with underutilized space.
Location Intelligence
Current Use by Public Records
iCustompainting
Printing Service
Location Insight
- Map
- Local Demand
- City
- Berkeley
- County
- Alameda
- State
- California
- Longitude
- -122.2591095
- Latitude
- 37.866523
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Premier mixed-use property with residential and retail units near UC Berkeley.
Where is this mixed-use property located?
The property is located at 2414 Telegraph Ave Berkeley, CA.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: - Premier location adjacent to UC Berkeley, the #1 public university in the world, ensuring a constant stream of renters.; - Pride of ownership asset with 42 units (37 residential and 5 retail).; - Significant capital improvements have been made.
