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    2409 College Ave Berkeley, CA 94704

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    For Sale
    $6,200,000

    17-unit apartment building near UC Berkeley's campus.

    Lot size:
    0.30 Acres

    Property Features for 2409 College Ave

    General Information

    Lot size
    0.30 Acres

    Building Details

    Year built
    1913

    Source: NAI Northern California Agent Grant Chappell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Berkeley Multifamily Investment Opportunity

    Located in Berkeley's Southside neighborhood, 2409 College Avenue is a 17-unit apartment building constructed in 1913. The property is situated two blocks from UC Berkeley's southern border. Architectural details include hardwood floors and built-in cabinetry. The unit mix consists of four studios and thirteen two-bedroom apartments, each featuring large windows and layouts that maximize natural light. The property includes an updated electrical system and sprinklered common hallways. The sizable lot features two detached rear garages, offering potential for parking income or future development. This property represents a rare Berkeley investment poised to deliver strong occupancy and rent growth.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berkeley
    County
    Alameda
    State
    California
    Longitude
    -122.2538402
    Latitude
    37.8671726

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    FAQs

    What type of property is this?
    Apartment building - 17-unit apartment building near UC Berkeley's campus.
    Where is this apartment building located?
    The property is located at 2409 College Ave Berkeley, CA.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: - Prime location: Two blocks from UC Berkeley's southern border.; - Desirable unit mix: Four studios and **thirteen spacious two-bedroom apartments**.; - **Timeless architectural charm: Period details, rich hardwood floors, and built-in cabinetry.**
    (415) 246-4314
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2409 College Ave Berkeley, CA 94704
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