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

Berkeley, CA, 94703
$ 2,200,000
Bedrooms-- Baths-- Sq 4,154

Monthly Estimate*

$ 13,546

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Commercial Property for sale in Berkeley, CA

for $2,200,000. This 4,154 square foot building was built in 1961 on a lot size of 0.14.

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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Commercial Active

Price

$ 2,200,000

Property Type

Commercial

Taxes

$ 0

Style

5 or More Units

Lot Size

0.14

Year Built

1961

Town/City

Berkeley

County/Region

Alameda

MLS | Web ID

41131548
Features
General
Living Area 4154
Heating Wall Furnace
Cooling None
Roof Unknown Flat
Construction Materials Stucco
Year Built 1961
Property Subtype 5 or More Units
Community Features None
County Alameda
Property Type Commercial Sale
HOA false
Subdivision Name N Berkeley
Garage Y/N false
Status New
City Berkeley
MLS Area Listing
Lot Size Square Feet 6250
Virtual Tour https://my.matterport.com/show/?m=YAj4HTCQjke&brand=0
Standard Status Active
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Interior
Flooring Partial Carpeting Vinyl
Air Conditioning Y/N false
Heating Y/N true
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Exterior
Parking Features Parking Lot Size Limited
Lot Features Level Rectangular Lot
Lot Size Area 6250
Building Area Total 4154
Lot Size Acres 0.14
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* Excluded Features
List By
Kevin Obrien

Listing Agent

Re/Max Accord

Broker

EmailKevin@Att.net

Email

Affordability Calculator

$13,546
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
--
Monthly Home Insurance
--
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
0 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
4/19/2026$2,200,000 Listed Price

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1720 Hearst Ave, Berkeley, CA, 94703 is a Commercial Property for sale at $2,200,000 with 4,154 sqft and a lot size of 0.14. 1720 Hearst Ave was built in 1961. The property's zip code is 94703 which is in Berkeley, CA

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