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2801 College Avenue Berkeley, CA $ 4,828,000
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$ 4,828,000 Get more info
2801 College Avenue
$ 4,828,000
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2801 College Avenue

Berkeley, CA, 94705
$ 4,828,000
Bedrooms-- Baths-- Sq 10,358

Monthly Estimate*

$ 29,727

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Commercial Property for sale in Berkeley, CA

for $4,828,000. This 10,358 square foot building was built in 1957 on a lot size of 0.169881.

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 5.33% 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.

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Commercial Active

Price

$ 4,828,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.169881

Year Built

1957

Town/City

Berkeley

County/Region

Alameda

MLS | Web ID

ML82033850
Features
General
Living Area 10358
Sewer Public Sewer
Heating Electric
Cooling None
Roof Rolled/Hot Mop
Appliances Refrigerator
Zoning RM
Year Built 1957
Property Subtype Other
County Alameda
Property Type Commercial Sale
HOA N
Status Active
City Berkeley
MLS Area Listing
Lot Size Square Feet 7400
Standard Status Active
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Exterior
Lot Size Area 7400
Building Area Total 10358
Lot Size Acres 0.1699
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Interior
Air Conditioning Y/N No
Heating Y/N Yes
Laundry Features Coin Operated
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Internal Only
Street Number 1 2801
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* Excluded Features
List By
Eymon Binesh

Listing Agent

Marcus & Millichap

Broker

ebinesh@marcusmillichap.com

Email

Affordability Calculator

$29,727
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,727
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
2/5/2026$4,828,000 Listed Price

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2801 College Avenue, Berkeley, CA, 94705 is a Commercial Property for sale at $4,828,000 with 10,358 sqft and a lot size of 0.169881. 2801 College Avenue was built in 1957. The property's zip code is 94705 which is in Berkeley, CA

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