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Irina Sikela, Real Esate Broker
FOR SALE
$5,580,000

2801 College Avenue
Berkeley, CA 94705

Multi-Family
Residential
9,958
Sq. Ft.
0.1699
Acre Lot
Courtesy: Nate Gustavson - Compass
Home> California> Berkeley> 94705
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!
ML81965392
Multi-Family, Other
Alameda
1957
0.1699 Acres
Public
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Nate Gustavson - Compass
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