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, theres high demand for modern accommodations with student-focused amenities.
Property Details
Property Features
Property Information:
Year Built: 1930
Stories: 3
Living Area: 16,950 SqFt
Listing Office:
Office Name: CBRE
Office Phone: (510) 874-1900
Listing Agent: Keith Manson, Zachary W Greenwood
Interior Features
Interior Information:
Appliances: Electric Oven, Electric Range, Freezer, Refrigerator, Microwave
Flooring Type: Carpet, Linoleum, Tile, Wood
Interior: Vaulted Ceiling(s)
Bedroom and Bathroom Information:
Total Bedroom Count: 20
Exterior Features
Exterior Information:
View: Bay, Bridge(s), City, Bridge, Panoramic
Parking Information:
Garage Space: 16 spaces
Attached Garage: Yes
Parking: Attached, Garage
Lot Features
Lot Information:
Lot: Other
Lot Size: 0.29 Acres
Utilities
Utilities Information:
Heating: Steam
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $7,260,000
Price Per SqFt: $428/SqFt
Tax Information:
Annual Amount: $2,005
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Berkeley Arts Magnet at Whittier (BAM)
1645 Milvia St
Distance between this listing and this school0.65 miles
Public Magnet Grades KG-5
6
/10
Washington Elementary School
2300 Martin Luther King Jr Way
Distance between this listing and this school1.10 miles
Public District Grades KG-5
6
/10
Emerson Elementary School
2800 Forest Ave
Distance between this listing and this school1.25 miles
Public District Grades KG-5
Nearby Schools
7
/10
Martin Luther King Jr. Middle School
1781 Rose St
Distance between this listing and this school1.03 miles
Public District Grades 6-8
8
/10
Willard Middle School
2425 Stuart St
Distance between this listing and this school1.25 miles
Public District Grades 6-8
6
/10
Longfellow Arts and Technology Middle School
1500 Derby St
Distance between this listing and this school1.74 miles
Public District Grades 6-8
Nearby Schools
8
/10
Berkeley High School
1980 Allston Way
Distance between this listing and this school0.96 miles
Public District Grades 9-12
5
/10
Berkeley Technology Academy
2701 Martin Luther King Jr Way
Distance between this listing and this school1.45 miles
Public District Grades 10-12
10
/10
Albany High School
603 Key Route Blvd
Distance between this listing and this school2.20 miles
The neighbors living near this home have an average income of $28,810. The most common annual income of people living in Berkeley, CA is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is masters degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1700 Le Roy Ave
What is the listing price of this property?
The listing price of 1700 Le Roy Ave property is $7,260,000.
What type of property is this?
The property 1700 Le Roy Ave is a townhouse located in Berkeley, California, 94709.
Is this property for sale now?
Active Listing: 1700 Le Roy Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,005 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1700 Le Roy Ave has 20 bedrooms.
What is the square footage of this property?
The property 1700 Le Roy Ave is 16,950 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1700 Le Roy Ave is 1930.
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This home is located at 1700 Le Roy Ave in Berkeley, CA and zip code 94709 in the Berkeley Hills neighborhood. This 16,950 square foot home, which was built in 1930, sits on a 0.29 acre lot. Features: 20 bedrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $7,260,000.
Over 31 listings were sold over their listed price in November 2024 in Berkeley, CA. In the same period over 5 listings were sold below the listed price and 2 listings were sold for the listed price. Between October 2024 and November 2024, Berkeley, CA real estate market has seen decrease in the number of listings by 22.2%. In November 2024 median list price was $1,405,000 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. 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. 
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