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$2,200,000

For Sale

A day ago

1720 Hearst Ave, Berkeley, CA

House

MLS® 41131548

0 Bed

0 Bath

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6 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1961
MLS® Number 41131548

Property Address: 1720 Hearst Ave, Berkeley, CA, 94703

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number41131548
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1961
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 19, 2026List Date
$2,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
1720 Hearst Ave, Berkeley, CA

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