1700 Le Roy AVE new Save Request In-Person Tour Request Virtual Tour
Berkeley,CA 94709
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 16,950 sqft
Price per Sqft $428
MLS Listing ID 424075225
Bedrooms 20
Year Built 1930
Lot Size 0.287 Acres
Property Description
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.
Location
State CA
County Alameda
Area Berkeley Map Area 1
Interior
Heating Steam
Cooling None
Flooring Carpet,Linoleum,Tile,Wood
Laundry Coin Operated,Common Area
Exterior
Garage Spaces 16.0
View Bay,Bay Bridge,Bridge(s),City,Golden Gate Bridge,Panoramic,San Francisco
Roof Type Asphalt,Tile
Building
Lot Description Other
Story 3
Sewer Public Sewer
Water Public
New Construction Yes
Others
Acceptable Financing Other
Listing Terms Other