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Investment Highlights

  • Separately Metered For PG&E and Water, and Easy & Cost Free Landscaping
  • 19 Units Already Renovated with Brand New Kitchens, Bathrooms, Appliances and W/D!
  • Seven Fourplex Parcels Allows For 30 Year Residential Financing & Lower Insurance Costs!
  • Includes 20 Garage Spaces and 28 Assigned Surface Spaces, Offering Dedicated Parking for Every Unit-Highly Desirable Amenity.
  • Strategically Positioned Along University Avenue, One of Berkeley’s Primary Retail and Transit Corridors, The Sequoia Provides Direct Access to UCB
  • The Sequoia Offers a Rare Combination of Strong In-Place Cash Flow and Continued Rental Upside.

Executive Summary

The Pinza Group is pleased to present The Sequoia at 1207–1233 University Avenue in Berkeley, CA, a rare 7-parcel multifamily offering comprised of 7 fourplexes totaling 28 one-bedroom/one-bath units across approximately 41,109 SF of land. This well-maintained portfolio offers strong operational efficiency with separately metered water and PG&E, approximately 19 fully renovated units with in-unit washer/dryers, 20 garage spaces utilized for parking and storage, and an additional 28 assigned surface parking spaces included for tenants. Positioned along the highly desirable University Avenue corridor, the property benefits from immediate access to UC Berkeley, public transit, and a robust mix of neighborhood retail, dining, and services, supporting consistent rental demand and long-term growth potential.
Located along University Avenue in Berkeley, The Sequoia is positioned in a vibrant, high-demand corridor known for its mix of neighborhood retail, popular dining, and strong everyday convenience. Nearby, residents have easy access to well-known local destinations such as Berkeley Bowl, Fourth Street shopping, and a wide range of cafes, restaurants, and essential services that drive consistent tenant demand. The property is also just minutes from the campus of UC Berkeley, supporting strong rental fundamentals from students, faculty, and staff. With quick connectivity to the BART system and close proximity to Downtown Berkeley and Oakland, the location offers a highly walkable, transit-friendly lifestyle in one of the East Bay’s most established rental submarkets.

Property Facts

Sale Type Investment
No. Units 28
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.94 AC
Building Size 16,464 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1943/2025
Parking Ratio 2.92/1,000 SF
Zoning C-1 - General Commercial

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 28 - 588
Moderately walkable
70/100
Exceptionally drivable
100/100
Strong public transit
80/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 057-2083-018-08
  • 057-2083-018-06
  • 057-2083-018-04
  • 057-2083-018-07
  • 057-2083-018-03
  • 057-2083-018-05
  • 057-2083-018-09
Land Assessment
$3,135,345 CAD
Improvements Assessment
$7,315,819 CAD
Total Assessment
$10,451,164 CAD
  • Listing ID: 40353319

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: 1207-1233 University Ave, Berkeley, CA 94702

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