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2801 COLLEGE AVE BERKELEY, CA 94705
- Multi-family (5 or more units) / Resale (MLS)
Property Details for 2801 COLLEGE AVE, BERKELEY, CA 94705
Features
- Price/sqft: $560
- Lot Size: 0.1699 acres
- Total Units: 18
- Total Rooms: 40
- Stories: 300
- Construction Type: Wood
Facts
- Year Built: 01/01/1957
- Property ID: 894867390
- MLS Number: ML81965392
- Parcel Number: 53-1696-1
- Property Type: Multi-family (5 or more units)
- County: Alameda
Description
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
This listing is NOT a foreclosure. STRUCTURAL RETROFIT COMPLETE (OFF SOFT-STORY LIST) - TWO BRAND NEW ADU UNITS --- Well maintained and fully occupied, this 21-unit Apartment is located close to UC Berkeley campus in the Elmwood District. This property presents a turnkey opportunity to investors looking to own multifamily rental units in a prime Berkeley location with solid income, minimal expenses, and significant rental upside. The subject property offers its tenants a newly painted exterior and many renovated apartments. Owners have done the work to remove the apartment from the Soft Story List and have applied for 2 ADUs to bring the total number of units to 21. Tenants will appreciate being one block from shopping and restaurants, and its location makes it a highly desirable place to live for recent graduates, young professionals, new families, & even current students looking to escape the cramped dorm room style living!
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