6-Unit Berkeley Apartment
New
For Sale
$1,650,000
2427 McKinley Ave, Berkeley, CA 94703
Four one-bedroom residences and two studios create a varied unit mix near campus and public transportation.
Property SizeContact for details
Days on Market3
Property Features for 2427 McKinley Ave
General Information
Standard status
Active
Property subtype
Investment
Occupancy
100%
Units
Unit Mix
4 x 1BR/1BA, 2 x studio
Multifamily Units
6
Parking per Unit
1
Additional Details
Public Transit
Yes
Amenities
on-site coin-operated laundry
Building Details
Year Built
1962
Buildings
1
Units
6
Construction
mid-century
Listing Agency:
Kite Hill Real Estate
(510) 878-6800
Listed By:
Jatin Mehta · License #02045713
(510) 878-6800
Source:
Elliman
Added: Aug 12
Changed: Aug 13
Last Checked: Aug 13 at 7:17AM
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 Kite Hill Real Estate
Investment Insights
Based on property information with market context.
Located at 2427 McKinley Ave in Berkeley, this 6-unit apartment property was built in 1962 and includes four 1-bedroom/1-bath units plus two studios. Four residences have been renovated. On-site features include covered garage parking at a 1:1 ratio and coin-operated laundry facilities.
The property is 6–7 blocks from UC Berkeley and a few blocks from Downtown Berkeley BART, with restaurants, cafés, grocery stores, and downtown commercial activity nearby. The location records a Walk Score of 83, a Transit Score of 60, and a Bike Score of 57.
Ownership has completed a soft-story seismic retrofit and sewer lateral compliance work. The building is 100% occupied.
The property is 6–7 blocks from UC Berkeley and a few blocks from Downtown Berkeley BART, with restaurants, cafés, grocery stores, and downtown commercial activity nearby. The location records a Walk Score of 83, a Transit Score of 60, and a Bike Score of 57.
Ownership has completed a soft-story seismic retrofit and sewer lateral compliance work. The building is 100% occupied.
Key Highlights
- 6‑unit apartment building built in 1962
- Unit mix includes 4 1‑bedroom/1‑bath units and 2 studio units
- 4 of 6 units have been renovated
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
4,146
Businesses Nearby
Explore this area
Business Placement
Demographics for 94703, CA
20,805
Population
9,654
Households
2.2
Avg Household Size
37
Median Age
71%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
16,004
Density / Sq Mi
$108,922
Median Household Income
$66,261
Median Earnings
$2,257
Median Rent
$1,273,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Four one-bedroom residences and two studios create a varied unit mix near campus and public transportation.
Where is this apartment building located?
The property is located at 2427 McKinley Ave Berkeley, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 6‑unit apartment building built in 1962; Unit mix includes 4 1‑bedroom/1‑bath units and 2 studio units; 4 of 6 units have been renovated
