2150 Oxford St 2171-2175 Allston Way 46 Unit Apartment Building $16,800,000 ($365,217/Unit) 5.39% Cap Rate Berkeley, CA 94704

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)
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.