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Rehab or Redevelopment Multifamily
For Sale
$1,950,000
Pending

2510 Le Conte Ave, Berkeley, CA 94709

Multifamily building converted to 13 residential units, stripped for rehabilitation or redevelopment in Berkeley R-3H zoning.

Property SizeContact for details
Days on Market47

Property Features for 2510 Le Conte Ave

General Information

Standard status Pending
Property subtype Investment
Zoning R-3H

Additional Details

Multifamily Units 13

Building Details

Year Built 1927
Units 13
Listing Agency: Better Homes and Gardens Mason-McDuffie Real Estate
Listed By: Mark Hardwicke · License #01352634
Source: Elliman
Added: Jul 8 Changed: Aug 15 Last Checked: Aug 23 at 9:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes and Gardens Mason-McDuffie Real Estate

Investment Insights

Based on property information with market context.

This Berkeley multifamily property was originally constructed in 1927 as a fraternity house and later converted into 13 residential units. The interior has been stripped of finish materials and is ready for a new rehab program or redevelopment plan.

The site is located in Berkeley’s Northside neighborhood and offers convenient proximity to local commercial amenities along Euclid and Hearst Avenues, the Gourmet Ghetto, Downtown Berkeley, UC Berkeley, AC Transit, and Downtown Berkeley BART. The area is served by somewhat bikeable and somewhat transit-accessible conditions.

Zoned R-3H (Multiple-Family Residential/Hillside Overlay), the property presents options to rehabilitate the existing 13-unit building or pursue redevelopment subject to applicable zoning, state housing legislation, and City of Berkeley planning policies.

Key Highlights

  • 1927 building originally built as a fraternity house and later converted to 13 residential units
  • Interior stripped of finish materials and ready for rehabilitation or redevelopment
  • Located in Berkeley’s Northside neighborhood, two blocks from UC Berkeley

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Furniture & Home Goods Cosmetic Store (Bike/Boat/Book/etc) Store Plumbing Service Kitchen & Bath Showroom Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Residential units

Location Intelligence

Trade Area within ½ mile

2,710
Businesses Nearby

Demographics for 94709, CA

12,514
Population
6,139
Households
2
Avg Household Size
29
Median Age
80%
College-Educated
96%
High-School Grad
0.7 sq mi
ZIP Area
17,877
Density / Sq Mi
$95,223
Median Household Income
$42,958
Median Earnings
$1,988
Median Rent
$1,240,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily building converted to 13 residential units, stripped for rehabilitation or redevelopment in Berkeley R-3H zoning.
Where is this apartment building located?
The property is located at 2510 Le Conte Ave Berkeley, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 1927 building originally built as a fraternity house and later converted to 13 residential units; Interior stripped of finish materials and ready for rehabilitation or redevelopment; Located in Berkeley’s Northside neighborhood, two blocks from UC Berkeley
More about this property
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