Property Details
Upcoming Open Houses
About this Property
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.
MLS Listing Information
MLS #
ML82033850
MLS Source
MLSListings, Inc.
Days on Site
5
Interior Features
Laundry
Coin Operated
Cooling
None
Heating
Electric
Exterior Features
Roof
Rolled/Hot Mop
Foundation
Wood Frame
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
Elementary District
Berkeley Unified
High School District
Berkeley Unified
Sewer
Public Sewer
Water
Public
Zoning
RM
Contact Information
Listing Agent
Eymon Binesh
Marcus & Millichap
License #: 02060059
Phone: (650) 546-1030
Co-Listing Agent
Mark Kis
License #: 02248309
Phone: (510) 955-7988
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 21 | 21 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2801 College Ave is a Residential Income in Berkeley, CA 94705. This 10,358 square foot property sits on a 7,400 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,828,000 and was built in 1957. This address can also be written as 2801 College Ave, Berkeley, CA 94705.
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This listing information is up-to-date as of February 06, 2026. For the most current information, please contact Eymon Binesh, (650) 546-1030
