BerkeleyNorthside1700 Le Roy Avenue

Berkeley, Californie, Alameda County, 94709

$7,260,000
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Open House
Size
16,950 Pi. ca.
Intérieur
.287 HECTARES
Extérieur
Financial
$7,260,000
AUTRE DEVISE
$428
Price / Sq. Ft.
Details
Residential Income
Type de propriété
1930
Année de construction
Berkeley Unified
Arrondissement scolaire
424075225
ID Web
424075225
ID MLS

1700 Le Roy Avenue

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.

Listing Courtesy of Keith Manson , CBRE

Services

  • Carpet

aménagements

Parking
Garage

PROPERTY INFORMATION

Appliances
Free Standing Electric Oven, Free Standing Electric Range, Free Standing Freezer, Free Standing Refrigerator, Microwave, Varies By Unit
Heating
Steam
Parking Description
Attached, Garage
Sewer
Public Sewer
View
Bay, Bay Bridge, Bridges, City, Golden Gate Bridge, Panoramic, San Francisco, Varies by Unit
Water
Public

EXTERIOR

Lot Description
Other
Roofing
Bitumen, Tile

INTERIOR

Flooring
Carpet, Linoleum, Tile, Varies by Unit, Wood
Interior Features
Vaulted Ceiling(s)
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