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Financial
Distress signals
Property profile

1598 University Ave Berkeley, CA 94703

OFF-MARKET
Turn key restaurants
Property ID
US09-6606185
2,139 SF 0.32 ac lot Built 1963
Last sale Aug 2024 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Retail space is located at the corner of University Avenue and California Street, within The U at California, an eight-story, 207-unit mixed-use development. The site is approximately 0.8 miles from the UC Berkeley campus and a few blocks from Downtown Berkeley. The available ground-floor retail space has high ceilings measuring approximately 18 to 21 feet and is configured with the potential for adding a mezzanine level to create additional office or storage area. University Avenue provides…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$32k
Tax billed · 2023
Assessed value · 2024$2.08M
Assessed land$1.46M
Assessed improvement$624k
Effective rate1.51%

Value estimate

· Oct 2026
$5.00M
$4.50M – $5.50M
AI approach$5.00M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$503/SF
County average, outlier-cleaned · 107 recorded sales of this use type
Observed band · Q1–Q3$193 – $836
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALAMEDA

Location intelligence

Which uses thrive at this corner?
Best fit: Cosmetics Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Cosmetics Store10.9
Shoe Repair9.2
Fish Market8.5

Location

1598 University Ave Berkeley, CA 94703-1423
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1850 Alcatraz, Berkeley, CA 94703 $594,500 Aug 2024 3,360 SF
1548 University, Berkeley, CA 94703-1423 $5,000,000 Aug 2024 4,800 SF
1601 California, Berkeley, CA 94703-1203 $1,315,000 Jun 2024 2,786 SF
1710 University, Berkeley, CA 94703-1514 $1,300,000 Dec 2019 4,005 SF
1799 University, Berkeley, CA 94703-1513 $2,671,000 Jan 2019 5,585 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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