Mixed-Use Asset Near UC
2414 Telegraph Avenue Berkeley, CA 94704
For Sale
$15,000,000
Premier mixed-use property with residential and retail units near UC Berkeley.
Property Size2,000 SF
Price / SF$7,500
Days on Market145
Property Features for 2414 Telegraph Avenue
General Information
Standard status
Active
Size
2,000 SF
Building Details
Year Built
1919
Listing Agency:
NAI Northern California
(510) 290-9647
Listed By:
James Kilpatrick · License #CalDRE #01277022
Source:
Nainorcal
Added: Mar 6
Changed: Jul 10
Last Checked: Jul 29 at 4:37AM
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 NAI Northern California
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
