1700 Le Roy Avenue
$7,260,000
—
16,950
16,950
$428
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...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.
- Listed by Keith Manson • DRE #01490046 • Brokerage DRE #00409987 • CBRE
- Listed by Zachary W Greenwood • DRE #01960296 • Brokerage DRE #00409987 • CBRE
Property Details for 1700 Le Roy Avenue
Parking Features
Attached, Garage
View DescriptionBay, Bay Bridge, Bridges, City, Golden Gate Bridge, Panoramic, San Francisco, Varies by Unit
Cross StreetVirginia Street
Total Parking Spaces16
LISTING UPDATED: 10/21/2024 02:48 PM
Property Details for 1700 Le Roy Avenue
Status | Active |
---|---|
MLS # | 424075225 |
Days on Compass | 61 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1930 |
Lot Size | 0.29 AC / 12,501 SF |
County | Alameda County |
Building Information for 1700 Le Roy Avenue
Stories3Residences15Year Built1930Building Size-Lot Size0.29 AC / 12,501 SF
Property Information for 1700 Le Roy Avenue
Property History for 1700 Le Roy Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1700 Le Roy Avenue
Taxable ValueLand$210,325Additions$255,515Total$465,840
Tax Record2024$2,442 ($203 / month)
Home Facts
Total Finished SqFt14,200 SqFtAbove Grade Finished SqFt14,200 SqFtStories2Lot Size12,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1930CountyALAMEDAAPN58-2198-2
Schools near 1700 Le Roy Avenue
This home is within Berkeley Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 5 | |||
Public - | K to 5 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Oxford Elementary School PublicK to 5 | ||
Washington Elementary School PublicK to 5 | ||
Cragmont Elementary School PublicK to 5 | ||
Berkeley Arts Magnet at Whittier School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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