Mixed-Use Residential Development
For Sale
Contact for pricing
Pending
3031 Telegraph Ave, Berkeley, CA 94705
Plans are approved for a six-story infill replacing an existing two-story commercial structure with new retail and residential units.
Property SizeContact for details
Days on Market124
Property Features for 3031 Telegraph Ave
General Information
Standard status
Pending
Property subtype
Land
Additional Details
Road Access
Yes
Building Details
Stories
2
Listing Agency:
Coldwell Banker Commercial NRT San Francisco
Listed By:
Dan McGue · License #CA
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 12 at 6:15AM
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 Coldwell Banker Commercial NRT San Francisco
Investment Insights
Based on property information with market context.
3031 Telegraph Ave is an approved development site in Berkeley’s Elmwood District. The project contemplates replacing an existing two-story commercial structure with a new six-story residential infill, totaling approximately 108,677 square feet. The plan includes approximately 93,809 square feet for housing, 1,921 square feet for retail, and 7,977 square feet of garage parking.
The proposed residential mix is 19 two-bedroom apartments, 54 one-bedroom apartments, and 54 studio apartments, along with parking for 19 cars and 64 bicycles. The plan also designates 9 of the residential units as low-income units. The site is located at the intersection of Telegraph Avenue and Webster Street and is directly across from a Whole Foods Market.
If constructed as proposed, the development would create a combined residential and retail project with associated structured parking and bicycle capacity, designed around the approved unit plan and parking configuration.
The proposed residential mix is 19 two-bedroom apartments, 54 one-bedroom apartments, and 54 studio apartments, along with parking for 19 cars and 64 bicycles. The plan also designates 9 of the residential units as low-income units. The site is located at the intersection of Telegraph Avenue and Webster Street and is directly across from a Whole Foods Market.
If constructed as proposed, the development would create a combined residential and retail project with associated structured parking and bicycle capacity, designed around the approved unit plan and parking configuration.
Key Highlights
- Plans approved for a six‑story residential infill at 3031 Telegraph Ave in Berkeley’s Elmwood District.
- Replace an existing two‑story commercial structure with 127 new units.
- Projected size: approximately 108,677 SF total, including 93,809 SF residential, 1,921 SF retail, and 7,977 SF garage parking.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,751
Businesses Nearby
Explore this area
Business Placement
Demographics for 94705, CA
13,591
Population
6,335
Households
2.1
Avg Household Size
42
Median Age
79%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
3,997
Density / Sq Mi
$163,254
Median Household Income
$75,864
Median Earnings
$2,330
Median Rent
$1,892,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Plans are approved for a six-story infill replacing an existing two-story commercial structure with new retail and residential units.
Where is this apartment building located?
The property is located at 3031 Telegraph Ave Berkeley, CA.
What are key features of this property?
This property features: Plans approved for a six‑story residential infill at 3031 Telegraph Ave in Berkeley’s Elmwood District.; Replace an existing two‑story commercial structure with 127 new units.; Projected size: approximately 108,677 SF total, including 93,809 SF residential, 1,921 SF retail, and 7,977 SF garage parking.
