2801 College Avenue, Berkeley, CA 94705

  • $4,628,000
  • $4,828,000
2801 College Avenue, Berkeley, CA 94705
Active
2801 College Avenue, Berkeley, CA 94705
2801 College Avenue, Berkeley, CA 94705
  • $4,628,000
  • $4,828,000

Description

BCG Multifamily of 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.

  • Address 2801 College Avenue
  • City Berkeley
  • State/county CA
  • Zip/Postal Code 94705

Details

Updated on March 19, 2026 at 7:38 am
  • Property ID: ML82033850
  • Price: $4,628,000
  • Property Size: 10358 Sqft
  • Land Area: 0.1699 Acres
  • Garage Size: x x
  • Year Built: 1957
  • Property Type: Commercial Sale
  • Property Status: Active

Additional details

  • Cooling: None
  • Heating: Electric
  • County: Alameda
  • Property Type: Commercial Sale

Contact Information

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  • Hoyt Hochman