Mixed-Use Building with
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1716 University Ave, Berkeley, CA 94703
Free-standing 1928 mixed-use building with retail units on the ground level and apartments above.
Property Size17,610 SF
Days on Market123
Property Features for 1716 University Ave
General Information
Standard status
Active
Size
17,610 SF
Property subtype
Mixed Use
Additional Details
Multifamily Units
20
Building Details
Year Built
1928
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices Drysdale Properties Oakland
Listed By:
Monjid Aldiyyat · License #CA 01973084
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 6:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Drysdale Properties Oakland
Investment Insights
Based on property information with market context.
Built in 1928, this free-standing mixed-use property totals approximately 17,610 square feet and contains 25 units, including five retail units and 20 apartments on the second floor. The apartments feature a covered atrium common area designed to bring in natural light, and each unit has a stoop entrance. The apartment mix consists of 11 studios and 9 one-bedroom, one-bath units.
Three of the five retail units are described as occupied on double net (NN) leases. The building has been extensively renovated, including a brand-new roof, fresh paint in the common areas, and full renovations to most units. A multi-million dollar seismic retrofit was completed in 2020.
This property is positioned within walking distance of UC Berkeley and Downtown Berkeley BART, with a listed proximity of 0.7 miles (about a 13-minute walk) to UC Berkeley and 0.6 miles (about an 11-minute walk) to Downtown Berkeley BART.
Three of the five retail units are described as occupied on double net (NN) leases. The building has been extensively renovated, including a brand-new roof, fresh paint in the common areas, and full renovations to most units. A multi-million dollar seismic retrofit was completed in 2020.
This property is positioned within walking distance of UC Berkeley and Downtown Berkeley BART, with a listed proximity of 0.7 miles (about a 13-minute walk) to UC Berkeley and 0.6 miles (about an 11-minute walk) to Downtown Berkeley BART.
Key Highlights
- 1928 free‑standing mixed‑use building in downtown Berkeley with about 17,610 SF and 25 total units
- Includes 5 ground‑floor retail units, each approximately 1,350–1,725 SF; 3 of the 5 retail units are on double net (NN) leases
- 20 apartments on the second floor with a covered atrium common area bringing natural light and stoop entrances into each unit
Property Analytics
Current Use
Lease Details
20
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,219
Businesses Nearby
Explore this area
Business Placement
Demographics for 94703, CA
20,805
Population
9,654
Households
2.2
Avg Household Size
37
Median Age
71%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
16,004
Density / Sq Mi
$108,922
Median Household Income
$66,261
Median Earnings
$2,257
Median Rent
$1,273,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Free-standing 1928 mixed-use building with retail units on the ground level and apartments above.
Where is this mixed-use property located?
The property is located at 1716 University Ave Berkeley, CA.
What are key features of this property?
This property features: 1928 free‑standing mixed‑use building in downtown Berkeley with about 17,610 SF and 25 total units; Includes 5 ground‑floor retail units, each approximately 1,350–1,725 SF; 3 of the 5 retail units are on double net (NN) leases; 20 apartments on the second floor with a covered atrium common area bringing natural light and stoop entrances into each unit
