2409 College Ave

$6,200,000
Price
Beds
Baths
13,127 Sq. Ft.
$472 / Sq. Ft.
13,127
Sq. Ft.
$472
per Sq. Ft.

Description

Presenting 2409 College Avenue, an exceptional opportunity to acquire a 17-unit apartment building just two blocks from UC Berkeley’s southern border in Berkeley's vibrant Southside neighborhood. Originally constructed in 1913, this unique property showcases timeless architectural charm with period details, rich hardwood floors, and built-in cabinetry throughout. The building offers a highly desirable unit mix of four studios and thirteen spacious two-bedroom apartments, each featuring large windows,...Presenting 2409 College Avenue, an exceptional opportunity to acquire a 17-unit apartment building just two blocks from UC Berkeley’s southern border in Berkeley's vibrant Southside neighborhood. Originally constructed in 1913, this unique property showcases timeless architectural charm with period details, rich hardwood floors, and built-in cabinetry throughout. The building offers a highly desirable unit mix of four studios and thirteen spacious two-bedroom apartments, each featuring large windows, abundant natural light, and thoughtful layouts. The property features an updated electrical system, sprinklered common hallways, and a sizable lot featuring two detached rear garages, offering potential for parking income or future development. With its unbeatable location steps from campus, premium unit mix, and enduring architectural character, 2409 College Avenue represents a rare Berkeley investment poised to deliver strong occupancy and rent growth for years to come.

Property Details for 2409 College Avenue

City
BERKELEY
Dist Neighborhood Subdiv
BERKELEY
Building Type
Midrise (4-6 Flrs)
Property Sub Type
Midrise (4-6 Flrs)
Total # Parking Spaces
3
LISTING UPDATED: 11/04/2025 12:23 AM

Property Details for 2409 College Avenue

StatusActive
MLS #41116018
Days on Compass38
Taxes$114,021 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1913
Lot Size0.30 AC / 13,100 SF
CountyAlameda County

Location

Listing Courtesy of NAI Northern California, Grant Chappell, DRE #01700439
Add your commute

Building Information for 2409 College Avenue

Stories-Residences17Year Built1913Building Size-Lot Size0.30 AC / 13,100 SF

Payment Calculator

$40,138 per month

30 year fixed, 6.28% Interest

Principal and Interest

$30,636

Property Taxes

$9,502

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2409 College Avenue

Features
Feature Details
  • Flooring: Hardwood
Room Details
  • Additional Rooms: Basement - Apartment, Basement - Finished
Utility Details
  • Cooling: None
  • Heating: Electric
  • Water/Sewer: PublicSewer, Public
Lot / Property Details
Home Owners Association
  • HOA: No
Property Details
  • Additional Equipment: None
  • Exterior: Stucco
  • Lot Description: Curb(s), Front Yard
  • Lot Sq Ft Apx: 13100
  • Lot Size Square Feet: 13100.0
  • Roof: See Remarks
  • Sq Ft Apx: 13127
  • Year Built: 1913
Location Details
  • Directions to Property: Between Channing & Haste
  • FIPS Code: 06001
  • Census Tract: 4227
  • Parcel Number: 55-1868-13
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 17
  • Basement: Apt In Basement, Finished
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas, Parking
  • Financial Data Source: Owner
Income / Expense Details
  • Operating Expenses: Electric, Gas, Insurance, Janitorial, Maintenance/Repair, Management, Property Tax/Assessments, Trash Removal, Utilities, Vacancy Factor, Water
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 13
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 Dining Room: No
  • Unit # 1 Refrigerator: Yes
  • Unit # 1 Range Oven: Yes
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 # of Bathrooms: 2
  • Unit # 1 Approx SqFt: 700
Unit 2
  • Unit 2 # Units This Type?: 4
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 Dining Room: No
  • Unit # 2 Refrigerator: Yes
  • Unit # 2 Range Oven: Yes
  • Unit # 2 # of Bedrooms: 0
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Approx SqFt: 400
Building Details
  • Additional Features-Misc: Balcony/Patio
  • Apx Lot Acres: 0
  • Inspection Reports Available: See Remarks
  • On Site Parking Description: Side-by-Side, Uncovered Parking Space
  • Tot Ann Oper Exp: 227867.0
Income / Expense Details
  • Annual Exp Year: 2024
  • Annual Gross Sched Income: $576,846
  • Annual Insurance Expense: $14,430
  • Annual License Expense: $21,713
  • Annual Maint Expense: $12,750
  • Annual Mgmt Expense: $28,842
  • Annual Rent Income: $576,846
  • Annual Taxes: $114,021
  • Annual Util Expense: $31,185
  • Annual Vacancy: 17305.0
  • Gross Income: $559,541
  • Gross Operating Actual Income: $331,674
  • Gross Rent Multiplier: 10.75
  • Net Operating Income: $331,674
  • Other Annual Expense: $4,923
Other Financial Information
  • 1st - Yrs Remaining: 30
  • Cap Rate: 5.35
  • Existing Loan: See Remarks
  • First Balance: $3,660,000
  • First Loan Payment: $257,702
  • Ocpnt Req 24 Hr: Yes
  • Other Loans: No
  • Variable or Fixed Rate: F
Additional Information
Additional Information
  • Fireplace: No

Property History for 2409 College Avenue

DateEvent & SourcePriceAppreciation
Oct 28, 2025

Listed (Active)

MLSListings #EB41116018

$6,200,000
Oct 28, 2025

Listed (Active)

EBRD #41116018

$6,200,000
Aug 8, 2005

Sold (Public Record)

Public Record #163243137

$2,300,000
DateEvent & SourcePrice
10/28/2025

Listed (Active)

MLSListings #EB41116018

$6,200,000
10/28/2025

Listed (Active)

EBRD #41116018

$6,200,000
08/08/2005

Sold (Public Record)

Public Record #163243137

$2,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2409 College Avenue

Taxable ValueLand$1,414,286Additions$1,728,571Total$3,142,857
Tax Record2025$78,039 ($6,503 / month)
Home Facts
Total Finished SqFt13,127 SqFtAbove Grade Finished SqFt13,127 SqFtStories3Lot Size13,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1913CountyALAMEDAAPN55-1868-13

Schools near 2409 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.

Similar Homes

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2409 College Avenue is a multi-family home for sale in Berkeley, CA 94704. This property was listed for sale on October 28, 2025 by NAI Northern California, it's currently listed at $6,200,000. It has been on the market for a total of 38 days and was last sold on August 8, 2005. This listing's school district is Berkeley Unified School District. Nearby schools include John Muir Elementary School, Malcolm X Elementary School and Emerson Elementary School. 2409 College Avenue is a 0-bed, 0-bath, 13,127 sqft multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Northern California, Grant Chappell, DRE #01700439

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.