2414 Telegraph Avenue Berkeley, CA 94704

Building Details

Year Built

1919

Listing office NAI Northern California j***@nainorcal.com Show Phone

Listing date Mar 6, 2026

Source Nainorcal

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

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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 Avenue 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.