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Listed by Philip Batlin • Marcus & Millichap, DRE#01873218
$ 16,800,000
Est. payment /mo
Active
2171 Allston WAY Berkeley, CA 94704
3 Beds
3 Baths
31,802 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 31,802 sqft
Price per Sqft $528
MLS Listing ID ML82032028
Bedrooms 3
Full Baths 3
Year Built 1900
Lot Size 0.281 Acres
Property Sub-Type Five or More Units
Property Description
Oxford Hall: Premier Mixed-Use Student Housing Opportunity Located across the street from UC Berkeleys main entrance in Downtown Berkeley. This is Rare opportunity to acquire a high-performing asset in Californias most supply-constrained student market, driven by UC Berkeleys 45,000+ students and chronic housing shortages. Key Details Building: ±31,802 SF (±23,072 SF residential + ±8,730 SF commercial) Lot: ±12,250 SF (0.28 acres) 3 stories: Ground-floor retail, residential above 47 units (singles, studios, 1-BR, 2-BR); utilities included, tailored for students/faculty 6 retail suites (tenants: Replica Copy, Alborz Persian Restaurant, Spice, Sumo Roll Sushi, Domingo Property Management; 1 vacant repositioning opportunity) Prime Location Steps from UC Berkeley campus One block to Downtown Berkeley BART Surrounded by 200+ restaurants, shops, theaters, Berkeley Art Museum & Pacific Film Archive exceptional foot traffic Investment Highlights Diversified income: stable student housing + premium retail in vibrant corridor Strong occupancy & rental growth in undersupplied market Excellent long-term appreciation in high-barrier Berkeley market
Location
State CA
County Alameda
Area Berkeley Map Area 7
Zoning C-DMU
Interior
Heating Electric
Cooling Other
Exterior
Parking Features Assigned Spaces
Community Features Other
Utilities Available Public Utilities
Roof Type Flat / Low Pitch
Building
Foundation Other
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 057-2031-002
Security Features Fire Alarm
Special Listing Condition Not Applicable
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