CA
Alameda
BERKELEY
94705
2801 College Avenue
2801 College Avenue, BERKELEY, CA 94705
Share Listing
Listing Type
Multi Family
Listing Status
Active
14
$4,828,000

Home Details for 2801 College Avenue

Price
$4,828,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
10358
Year built
1957
County
Alameda
Garage
Days on site
24
MLS Listing#
ML82033850
Listed By: Marcus & Millichap - 650-391-1700
Listed By: Eymon Binesh
Property Description

Marcus & Millichap is pleased to present 2801 College Avenue, a well-located 21-unit apartment community in Berkeley offering a stable, income-oriented investment in one of the Bay Area's most established rental corridors. The property is priced at a 5.33% in-place cap rate with upside to north of a 7%, and at just $229,000 per unit, providing durable cash flow, strong fundamentals, and long-term downside protection. 2801 College Ave benefits from an exceptional location in Berkeley's highly coveted Elmwood neighborhood, bordering the iconic Claremont Hotel and just minutes from University of California, Berkeley. Residents enjoy walkable access to Whole Foods Market and the full array of dining, retail, and entertainment along College Avenue, making this a premier, lifestyle-oriented rental location with enduring demand.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Electric
  • Water Features
    • Public
  • Parking
    • Off Street
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-02-18 03:10:10
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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