CA
Alameda
BERKELEY
94705
2801 College Avenue
2801 College Avenue, BERKELEY, CA 94705
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Listing Type
Multi Family
Listing Status
Active
25
$4,388,000

Home Details for 2801 College Avenue

Price
$4,388,000
Type
Residential Income
Square feet
9172
Year built
1957
County
Alameda
MLS Listing#
ML82053675
Listed By: Marcus & Millichap - 650-391-1700
Listed By: Eymon Binesh
Property Description

Located in the heart of Berkeley's highly sought-after Elmwood neighborhood, 2801 College Avenue presents a rare opportunity to acquire a 21-unit apartment community in one of the East Bay's premier rental markets. The property offers an attractive mix of one-bedroom, two-bedroom, and studio floor plans, providing broad tenant appeal and long-term occupancy stability. Offered at an in-place 6.29% CAP rate with substantial upside through future rental growth, the asset combines strong day-one cash flow with significant value-add potential. Priced at just $209,000 per unit, 2801 College Avenue represents an exceptional value in a supply-constrained location, just steps from the vibrant College Avenue retail corridor, renowned restaurants, cafés, and UC Berkeley.

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: 2026-07-20 14:10:17
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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
408 778 9990
Agent
408 202 3243
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