Twitter
Facebook
Email
|
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.
| DAYS ON MARKET | 1 | LAST UPDATED | 4/19/2026 |
|---|---|---|---|
| TRACT | N BERKELEY | YEAR BUILT | 1961 |
| COUNTY | Alameda | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| CONSTRUCTION | Stucco |
| HEAT | Wall Furnace |
| LOT | 6251 sq ft |
| LOT DIMENSIONS | 6250 |
| SUBDIVISION | N BERKELEY |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/20/26 8:23 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2026.