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Property profile & analytics

1763 Alcatraz Ave Berkeley, CA 94703

  • Retail space
  • 1,455 SF
  • 0.05 lot acres
OFF-MARKET
Value Estimation
$135,000
Last Sale
Apr 13, 2020
$150,000
Location Intelligence
Property ID
US09-7549823
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Hoi Polloi Brewing Taproom and Beat Lounge / Brewery

Property Details for 1763 Alcatraz Ave

Year built
1919
Construction
TILT-UP CONCRETE
Lot size
0.05 lot acres
Property size
1,455 SF
Property type
Retail space
APN
52-1531-7
APU
5215317

Description

This exceptional retail property at 1763 Alcatraz Avenue in Berkeley, California, presents a lucrative investment opportunity. Situated on a 0.05-acre lot, the building boasts a substantial recent upgrade. A complete seismic retrofit utilizing a steel frame ensures structural integrity and longevity. The property currently houses a restaurant and a brewery, both benefiting from extensive tenant improvements completed in 2013. These improvements encompass a comprehensive renovation of the interior, including new restrooms, plumbing, and electrical systems. Further enhancing the property's value, the roof was entirely replaced in 2016, minimizing future maintenance concerns. The current tenants operate on a month-to-month lease agreement, contributing to the property's flexibility. A notable aspect of the lease structure is that tenants share responsibility for a portion of the insurance and tax expenses, reducing the overall financial burden on the owner. This turnkey operation offers immediate income generation and significant upside potential for a savvy investor seeking a well-maintained, strategically located retail asset in the vibrant Berkeley market. The property's strong foundation, recent renovations, and established tenancy make it an attractive proposition for those seeking a stable and profitable investment. The asking price is $1,100,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Berkeley
County
Alameda
State
California
Longitude
-122.272
Latitude
37.8488
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
$5,530
$75,338
$150,676
$226,014
-
$0.00
$0.00
$0.00
More about this property
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