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29394300
29394302

2150 Oxford St, Berkeley, CA 94704 For Sale

PB
CA CA01873218
Marcus & Millichap - San Francisco
Listed by Marcus & Millichap - San Francisco
$16,800,000
175 days on market
Updated 49 days ago

Oxford Hall

Details
APN 057-2031-002-00
Property Type Mixed Use, Multifamily (+1)
Sub Type Student Housing
Square Footage 31,802
Units 47
Cap Rate 5.39%
Occupancy 95%
Lease Type NNN
Price per SqFt $528
Buildings 1
Stories 3
Lot Size (SqFt) 12,250
Zoning C-DMU
Tenant Credit Franchisee

Premier mixed-use student housing property in the heart of Downtown Berkeley

Marketing description

Oxford Hall: A premier mixed-use student housing property in the heart of Downtown Berkeley, directly across from UC Berkeley's main entrance. This well-positioned asset offers a rare chance to acquire a high-performing property in one of California's most sought-after markets, driven by chronic housing shortages and a student population exceeding 45,000.

Property Overview

Building Size: 31,802 SF (Approx. 23,072 SF multifamily + 8,730 SF commercial rentable)

Lot Size: 12,250 SF (0.28 acres)

Stories: 3 (Ground-floor retail with residential above)

Unit Mix:

Residential: 47 units (mix of single rooms, studios, one-bedrooms, and two-bedrooms)

Commercial: 6 suites (Current tenants include Replica Copy, Alborz Persian Restaurant, Spice, Sumo Roll Sushi, and Domingo Property Management; one vacant space)

Investment highlights

Key Highlights

Unmatched Location: Steps from UC Berkeley's campus, one block from Downtown Berkeley BART for easy access to San Francisco and Oakland. Surrounded by over 200 restaurants, cafes, shops, theaters, and cultural venues like the Berkeley Art Museum and Pacific Film Archive—driving high foot traffic and tenant demand.

Strong Student Housing Demand: Berkeley's undersupplied market ensures consistent occupancy and rental growth. Tailored for UC Berkeley students, faculty, and staff with efficient layouts and inclusive utilities.

Diversified Income Streams: Blend of residential and retail for stable cash flow. Commercial spaces attract premium tenants in a vibrant corridor, with opportunities for renewal or repositioning.

Classic Appeal with Modern Functionality: Sturdy brick construction with practical features like high ceilings and natural light.

Market Strength: Proximity to Silicon Valley (30 minutes via BART) and Berkeley's innovation ecosystem positions this for long-term appreciation in a barrier-to-entry market.

Listing Contacts

PB
CA CA01873218
Marcus & Millichap - San Francisco
Listed by Marcus & Millichap - San Francisco

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Additional Information

Name
Philip Batlin
License
CA01873218
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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