1333 University AveBerkeley, CA 94702

  • Other commercial real estate
  • 5,128 SF
For Sale
$1,500,000 View listing

Property Details for 1333 University Ave

Year built
1938
Construction
WOOD
Lot size
0.24 AC
Property size (Sq ft)
5,128 SF
Property type
Other commercial real estate
APN
57-2073-8
APU
5720738

Description

This established Berkeley, CA preschool is available for purchase at $1,500,000. The 4,800 square foot facility is licensed for 69 children, currently serving infants, toddlers, and preschool-aged children. The center boasts a versatile layout with ample classrooms and offices, well-maintained facilities, and recreational areas. Its strategic location in Berkeley, CA, at 1333 University Ave, 94702, ensures excellent visibility and accessibility. Currently operating at near capacity (52 children), with potential for increased enrollment and revenue, this presents a unique opportunity for expansion. The preschool has a long operational history and offers a turnkey solution for investors seeking entry into the childcare sector or portfolio expansion. The property's modern amenities and infrastructure support a thriving school environment. Buyer to verify expansion potential and all due diligence.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,610,321
    Hospitality
    $1,475,046
    Educational
    $1,227,221
    Medical
    $1,269,427
    Retail
    $1,909,010
1333 University Ave, Berkeley, California
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Location Insight

City
Berkeley
County
Alameda
State
California
Latitude
37.8702
Longitude
-122.286
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,623
$345,357
$969,983
$1,315,340
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