Aesthetically controversial UC Berkeley dorm sold for $113 million

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The Enclave Apartments at 2503 Haste St. Credit: Kelly Sullivan

The Enclave dorm at 2501 Haste Street on Telegraph Avenue in Southside Berkeley – once described as a “Moorish-Tudor fever dream” – was sold in mid-July for $113 million, Alameda County documents confirm .

The Mercury News first reported earlier this month that a subsidiary owned by Goldman Sachs purchased the 55-unit dormitory in a cash deal registered on July 13.

The sellers were Irvine-based LBA Realty and Point Richmond-based West Builders, who bought the property in 2013 from Ken Sarachan, owner of Rasputin Records and several properties in the Telegraph Avenue area.

According to the Alameda County Assessor’s Office, the property was recently appraised at approximately $57 million, half the current sale price. The office is still processing the sale to update the property records.

Enclave Dormitory was unveiled in February 2020 after a two-decade saga that culminated in the original architect, Kirk Peterson, eventually leaving the project. It passed from Oakland-based company Jarvis Architects to the final designers, LCA Architects, who created it with West Builders.

“I wanted to make art. I wanted to do a proper, authentic, historicist building,” Peterson said when it opened in 2020. “Now it looks like shit. It looks awful.

The building opened in the fall of 2020 for graduate students at UC Berkeley and still draws gaping passers-by to the bustling corner of Telegraph Avenue. Some find it whimsical and stop to take selfies trying to capture the towering structure.

It has a capacity of 254 people with a mix of 4, 5 and 6 unit apartments and openings for commercial premises on the ground floor.

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