Apartment in Alameda, California, United States 1 - 18395899
Apartment in Alameda, California, United States 2 - 18395899 Apartment in Alameda, California, United States 3 - 18395899
Apartment in Alameda, California, United States 4 - 18395899 Apartment in Alameda, California, United States 5 - 18395899
$4,388,000

Multi Family In Berkeley

  • 9,172 Sqft
  • 7,400 Sqft lot
  • Updated: July 10
  • Source:
    bridgeMLS  MLS#ML82053675

About the Property

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%
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, caf s, and UC Berkeley.
…

  • Property type

    Apartment

  • Year built

    1957

  • Price/sqft

    $478

Features

  • Investment Property

Explore the Area

2801 College Avenue, Alameda, California, United States View on Google Maps
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Marcus & Millichap

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Marcus & Millichap
California, United States
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56
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2025
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Marcus & Millichap
California, United States
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Last updated
July 10
First listed
Jul 10
Listing reference
ML82053675
Listing status

Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2026. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

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