Mixed-Use Value-Add

1865 Euclid Ave.

A 27-unit mixed use property adjacent to UC Berkeley which is undergoing a complete renovation with conversion of 1BR units to 2BRs.

Project Details

1865 Euclid Ave, Berkeley, CA 94709

Year of Construction 1900
Year Purchased: 2021
Construction Period: 2022-2023
Units: 24 apartments, 3 retail
Unit Type: 2 studios and 22 1BRs

Another angle of the 1865 Euclid Apartment Entrance
The bathrooms inside the 1865 Euclid property
The kitchens inside the 1865 Euclid property

About 1865 Euclid Ave.

Built in the early 1900s, 1865 Euclid is located directly across the street from the main gate at UC Berkeley and with large one bedroom units was perfectly positioned as a value-add opportunity.  It was purchased in November of 2021 and is undergoing a complete renovation through 2023 that includes a “down to the studs” renovation of 15 units, upgraded common areas, seismic upgrade and the re-imaging of the retail space.  All 22 1BR units will eventually be converted to 2BR or 3BR units.

Project Type:

3-storey mixed use value-add

Project Team:

Architect: Studio KDA; Engineer: Coffman Engineers. GC: Square One Management

Gross Building Square Footage:

18,608

Retail SF:

1,600

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Mixed-Use Value-Add

1865 Euclid Ave.

1865 Euclid is located directly across the street from UC Berkeley and was perfectly positioned as a value-add opportunity.  

Let's Build Something Together

Contact us about upcoming projects and partnership opportunities.

info@anchorvalley.com
Anchor Valley Partners
2040 Bancroft Way, Suite 301 | Berkeley, CA 94704
T 510.900.5205
F 510.900.5203