Active
1700 Le Roy Avenue
Berkeley CA, 94709
$7,260,000
$428.32 per sqft
Active
20 Beds
16,950 sqft
Townhomes
Built in 1930
1700 Le Roy Ave presents an exceptional opportunity to acquire a value-add apartment building located in the coveted Northside/Hilltop neighborhood of Berkeley, CA. The property is situated just 3 blocks from UC Berkeley, the # 1 public school is the United States. Built in 1930, this 16,950 SF multifamily investment property is comprised of 15 apartment units spanning 3 stories. The building is situated on a 12,500 SF / 0.29 acre lot and features an attractive courtyard, a secured garage with 16 parking spaces, and an on-site laundry facility. The property boasts a diverse unit mix of 1 studio, 10 1-bedroom units, 3 2-bedroom units, and 1 4-bedroom unit. 4 units are 2-story townhome style units, all of which feature private balconies. The avg. unit size at the property is 848 SF and all but one unit have a formal dining room/area, presenting the unique opportunity to add at least one bedroom in each unit. As of the 2024 Fall semester, there are nearly 45,900 students enrolled at UC Berkeley, and the university can only provide housing for approximately 25% of the student population. With UC Berkeley experiencing a steady increase in student enrollment and a significant shortage of student housing, there's high demand for modern accommodations with student-focused amenities.
424075225
MLSⓇ ID
October 21, 2024
Listed
November 22, 2024
Updated
Map
1700 Le Roy Avenue
Berkeley CA, 94709
Interior Features
Total Stories
3
Bedrooms
20
Interior Features
Vaulted Ceiling(s)
Appliances
Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Freezer, Free-Standing Refrigerator, Microwave, Varies By Unit
Laundry Description
Coin Operated, Common Area
Floor Description
Carpet, Linoleum, Tile, Wood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Steam
Exterior/Building Features
Lot Size
0.29 Acres
Lot Features
Other
Roof
Asphalt, Tile
Sewer
Public Sewer
Other Property Details
Area Name
Berkeley Map Area 1
Garage
Yes
Garage Spaces
16
Parking
Attached, Garage
Parking Total
16
View
Yes
View Description
Bay, Bay Bridge, Bridge(s), City, Golden Gate Bridge, Panoramic, San Francisco
County
Alameda
Water Source
Public
Pool
No
Listed by Keith Manson with CBRE
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 11/22/2024.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Brian Anderson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 10:54 PM UTC, 11/22/2024