2801 College Avenue
2801 College Avenue
$5,580,000
—
9,958
9,958
$560
Listed By Compass
Description
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...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!
Property Details for 2801 College Avenue
MLS City Name
BERKELEY
Building TypeOther
Garage Spaces0
Parking Spaces2
Cross StreetStuart
Location
LISTING UPDATED: 05/25/2024 12:20 AM
Property Details for 2801 College Avenue
Status | Active |
---|---|
MLS # | ML81965392 |
Days on Compass | 28 |
Taxes | $67,294 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1957 |
Lot Size | 0.17 AC / 7,400 SF |
County | Alameda County |
Location
Building Information for 2801 College Avenue
Stories-Residences-Year Built1957Building Size-Lot Size0.17 AC / 7,400 SF
Payment Calculator
$36,060 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2801 College Avenue
Property History for 2801 College Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2801 College Avenue
Taxable ValueLand$708,037Additions$2,234,113Total$2,942,150
Tax Record2023$51,698 ($4,308 / month)
Home Facts
Total Finished SqFt9,172 SqFtAbove Grade Finished SqFt9,172 SqFtStories3Lot Size7,400 SqFtStyleMulti-Family Res (5+ Units)Year Built1957CountyALAMEDAAPN53-1696-1
Schools near 2801 College Avenue
This home is within Berkeley Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 5 | |||
Public - | K to 5 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
John Muir Elementary School PublicK to 5 | ||
Malcolm X Elementary School PublicK to 5 | ||
Emerson Elementary School PublicK to 5 | ||
Willard Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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