- $4.4M Price
- .17 Acres
- 24 DOM
2801 College Avenue
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.
Essential Information
- MLS® #ML82053675
- Price$4,388,000
- 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 ListedJuly 9th, 2026
- Days on Market24
- ZoningRM
Listing Details
- AgentEymon Binesh
- OfficeMarcus & Millichap
Eymon Binesh, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of August 2nd, 2026 at 12:55am 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.