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1720 Hearst Ave, Berkeley, CA 94703

$2,200,000

0.1435 Acres

Listing Office: Re/Max Accord

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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.

Listing Agent: Kevin Obrien

License Number: 01385083

Offered by: Re/Max Accord

Office Phone: 925-283-9200

MLS: #41131548

California Regional MLS

Date Added: 04/19/2026 12:00:00 am

Last Update: 04/19/2026 06:14:25 pm

Days on Market: 3

Interior

Appliances: Gas Water Heater
A/C: true, None
Heating: true, Wall Furnace

Exterior

Parking: Parking spaces: 6

Construction

General: Stucco

Location

HOA Amenities: 0.0
Originating MLS: CRMLS_CCBE
County: Alameda

Lot

Zoning: 57206226

Financial

Source: CRMLS_CCBE

Property

Year Built: 1961
Type: Multi-Family
Neighborhood: North Berkeley
Parcel #: 57206226

04/19/2026$2,200,000

04/19/2026Active

Listing Broker

Tade Keshishyan

1 @

License #: 02190628

Email: [email protected]

Phone: 8183592303

Location: CA

Last Updated: 04/19/2026 06:14:25 pm

Offered by: Kevin Obrien, 01385083, @ Re/Max Accord

MLS: #41131548

Source: California Regional MLS

<IMG SRC='https://d37ukvrrv3in12.cloudfront.net/mls/logos/IDX_580_large.png' ALT='IDX'> Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.<BR><BR>The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by <A HREF='http://www.realtywatchsolutions.com/' TARGET='_blank'>RealtyWatch Solutions</A>. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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1720 Hearst Ave, Berkeley, CA 94703 is a 0.1435 Acres, Multi-Family built in 1961.

This property is currently available and was listed by California Regional MLS on 04/19/2026 12:00:00 am. The MLS # for the property is MLS #41131548.