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Listed price in listed location currency (USD).
$4,828,000

002

MLS® ML82033850

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $59,495
Days Active 1
Approx. Age 1957
MLS® Number ML82033850

Property Address: 2801 College Ave, Berkeley, CA, 94705-2143

Average square foot calculated using Size range provided by listing agent.

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 5.20% 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.
MLS® NumberML82033850
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1957
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$4,828,000List Price
  • Commute

Commute

Starting Address
Destination Address
2801 College Ave, Berkeley, CA

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