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32-Unit Apartment Building
For Sale
Contact for pricing
Pending

2419 Durant Ave, Berkeley, CA 94704

Apartment property with studio and two-bedroom units near UC Berkeley, featuring on-site card-operated laundry facilities.

Property Size18,543 SF
Days on Market350

Property Features for 2419 Durant Ave

General Information

Standard status Pending
Size 18,543 SF
Total Parking Spaces 7
Property subtype Multifamily
Investment Type Core

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 20 x studio, 12 x 2BR
Multifamily Units 32

Additional Details

Asking Price $9,440,000

Amenities

on-site card-operated laundry facilities

Building Details

Year Built 1924
Buildings 1
Units 32
Listing Agency: Cushman & Wakefield - San Francisco, California
Listed By: Mac Watson · License #02085510
Source: Crexi
Added: Sep 16, 2025 Changed: Aug 31 Last Checked: Aug 31 at 3:44AM

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 Cushman & Wakefield - San Francisco, California

Investment Insights

Based on property information with market context.

This 32-unit apartment property at 2419 Durant Ave comprises 18,543 square feet and was built in 1924. The unit mix includes 20 studios and 12 two-bedroom apartments. Individual electric metering serves each unit, while ownership covers water, gas, sewer, and waste services. Card-operated laundry facilities are located on site.

The property is positioned near the UC Berkeley campus in Berkeley’s Southside neighborhood, with access to major bus lines and the BART system. Telegraph Avenue, a principal commercial corridor, is nearby, providing access to retail and dining. Walk Score is 97 and Bike Score is 89.

The asset may be acquired individually or as part of a three-property, 68-unit portfolio that also includes The Leroy Apartments and The Castle Craig Apartments. The source materials report a stabilized cap rate of 5.59% and a pro forma cap rate of 7.05%.

Key Highlights

  • 32‑unit apartment property totaling 18,543 square feet
  • Unit mix includes 20 studios and 12 two‑bedroom apartments
  • Built in 1924 at 2419 Durant Ave, Berkeley, CA 94704

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Furniture & Home Goods Auto Parts Store Garden Center HVAC Service Nursing Home Fish Market

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

32
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,412
Businesses Nearby

Demographics for 94704, CA

25,259
Population
9,722
Households
2.6
Avg Household Size
26
Median Age
72%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
28,066
Density / Sq Mi
$52,105
Median Household Income
$17,509
Median Earnings
$1,987
Median Rent
$918,500
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 - Apartment property with studio and two-bedroom units near UC Berkeley, featuring on-site card-operated laundry facilities.
Where is this apartment building located?
The property is located at 2419 Durant Ave Berkeley, CA.
What are key features of this property?
This property features: 32‑unit apartment property totaling 18,543 square feet; Unit mix includes 20 studios and 12 two‑bedroom apartments; Built in 1924 at 2419 Durant Ave, Berkeley, CA 94704
(415) 773-3592 Call to check price and availability
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