2409 College Ave - Apartments FOR SALE


Berkeley, CA 94704- South Berkeley
$6,200,000 USD
510-336-4721
2409 College Ave, Berkeley, CA for Sale
$6,200,000 USD
Apartments - FOR SALE
1/19
null | 5.35% Cap Rate

2409 College Ave
Berkeley, CA 94704
South Berkeley


HIGHLIGHTS

  • First time on market in 20 years!
  • Prime Southside Berkeley location - two blocks from UC Berkeley and steps to Telegraph Avenue retail and dining amenities
  • Charming 1913 construction featuring timeless details, abundant natural light, and spacious units
  • Modern upgrades include an updated electrical system and sprinklered hallways
  • Situated on a large parcel with two detached rear garages, providing additional income or redevelopment upside

OVERVIEW

Team Chappell is pleased to present 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. Nestled in the heart of Berkeley’s highly coveted Southside neighborhood, 2409 College Avenue sits just two blocks from the UC Berkeley campus—one of the most prestigious universities in the nation and a powerful driver of housing demand. The property offers residents unbeatable access to the city’s vibrant urban lifestyle, surrounded by popular cafés, local eateries, and boutique shops along Telegraph and College Avenues. The location is also a commuter’s dream, with convenient access to AC Transit lines, Downtown Berkeley BART, and major Bay Area thoroughfares.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$387 USD /SF

# OF UNITS

17

PRICE/UNIT

$364,706

CAP RATE

5.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,098 SF

ZONING

R-SH

APN/PARCEL ID

055-1868-013-00

ASK ABOUT THIS PROPERTY

Grant ChappellNAI Northern CaliforniaMore Info
510-336-4721

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Grant ChappellNAI Northern CaliforniaMore Info
510-336-4721

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.