- $4.6M Price
- .17 Acres
- 44 DOM
2801 College Avenue
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 5.6% in-place cap rate with upside to north of a 7%, and at just $220,000 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.
Essential Information
- MLS® #ML82033850
- Price$4,628,000
- Bathrooms0.00
- Acres0.17
- Year Built1957
- TypeCommercial Sale
- StatusActive
Community Information
- Address2801 College Avenue
- Area699 - Not Defined
- CityBerkeley
- CountyAlameda
- Zip Code94705
Amenities
- Parking Spaces2
Interior
- HeatingElectric
- CoolingNone
School Information
- DistrictOther
Additional Information
- Date ListedFebruary 5th, 2026
- Days on Market44
- ZoningRM
Listing Details
- AgentEymon Binesh
- OfficeMarcus & Millichap
Price Change History for 2801 College Avenue, Berkeley, (MLS® #ML82033850)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $4,828,000 to $4,628,000 |
Eymon Binesh, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of March 21st, 2026 at 8:15am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.