Address
2801 College Ave Berkeley, CA
Price
$ 5,995,000
Property Attributes
  • ID#40959508
  • TypeMulti-Family
  • CountyALAMEDA
  • CityBerkeley
  • AreaBerkeley Map Area 10
  • NeighborhoodElmwood
  • Zip94705
  • Style5 or More Units
  • Price$ 5,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9172
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Basil Yaqub with Compass.
Data Source:
Contra Costa Association of REALTORS®
Property Description

Well maintained and fully occupied, this 19-unit Apartment is located close to UC Berkeley campus in the Elmwood District. This property presents a turnkey opportunity to investors looking to own multifamily rental units in a prime Berkeley location with solid income, minimal expenses, and significant rental upside. The subject property offers its tenants a newly painted exterior and many renovated apartments. Owners have done the work to remove the apartment from the Soft Story List and have applied for 2 ADUs to bring the total number of units to 21. Tenants will appreciate being one block from shopping and restaurants, and it’s location makes it a highly desirable place to live for recent graduates, young professionals, new families, & even current students looking to escape the cramped dorm room style living!

Price History
7/20/2021 Listed $5,995,000

General Features

Age 64

Exterior Features

Apx Lot Sq Ft 7400
Lot Size Area 0.17

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94705

Price
AVG $3.06M
$6M
Visits
AVG 77
57
Year Built
AVG 1934
1957
Walkscore
AVG 94
95
Data Provided by Walkscore ® not using MLS data

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