1720 Hearst Ave Berkeley, CA $ 2,200,000
1720 Hearst Ave
$ 2,200,000
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1720 Hearst Ave

Berkeley, CA, 94703
$ 2,200,000
Baths0.0

Monthly Estimate*

$ 13,546

Listed by Re/Max Accord
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Studio

Multi-Family Home for sale in Berkeley, CA

for $2,200,000. This home was built in 1961 on a lot size of 0.1435.

Location! Location! Location! 1720 HEARST AVE … first time on the market in over 40-years … extremely well-maintained 6-unit apartment building … Walk-Score = 9.5 out of 10 = a WALKERS DREAM … 2-blocks to University Ave and Trader Joe’s … across the street from Ohlone Park, Playground and Senior Center … 3-blocks to BART … 5-blocks to Berkeley High School and City Hall … 8-blocks to the NEW computer building at UC Berkeley … 6-blocks to the Gourmet Ghetto … this is a very nice part of town that is close to everything! One apartment is vacant and was just updated – see the photos – the other five apartments are in good condition with updated windows … Apartments are all 2-bedrooms, 1-bath … CAP-RATES current rents = 4.7%, market rents = 5.7% ... GRM = current rents = 13.4, market rents = 11.8 ... NOI (income) = current rents $103,300, market rents = $125,716 ... Cost per unit = $366,667 ... $ per SQ FT = $530. Current rents average $2,289 per month ... Market rents are about $2,600 per month ... SEE PROFORMA for more details ... Offers reviewed on WEDNESDAY, April 29th at 3pm.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1435

Year Built

1961

Town/City

Berkeley

County/Region

Alameda

MLS | Web ID

41131548

Days on Market

2

Features
General
Heating Wall Furnace
Cooling None
Appliances Gas Water Heater
HOA Fee 0
Construction Materials Stucco
Year Built 1961
County Alameda
Net Operating Income 103300
Property Type Residential Income
Subdivision Name N BERKELEY
Status Active
Directions Cross Street: Grant.
City Berkeley
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 6250
Virtual Tour https://my.matterport.com/show/?m=YAj4HTCQjke&brand=0
Standard Status Active
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Street Level
Total Parking 6
Lot Size Area 6250
Lot Size Acres 0.1435
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* Excluded Features
List By
Re/Max Accord

Broker

EmailKevin@Att.net

Email

Affordability Calculator

$13,546
Per Month
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Monthly Principal & Interest
$13,546
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/19/2026$2,200,000 Listed Price

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1720 Hearst Ave, Berkeley, CA, 94703 is a Multi-Family Home for sale at $2,200,000 with a lot size of 0.1435. 1720 Hearst Ave is a studio with 0.0 baths and was built in 1961. The property's zip code is 94703 which is in Berkeley, CA