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1928 Multifamily Apartment Building
For Sale
Contact for pricing
Pending

2525 Durant Ave, Berkeley, CA 94704

27-unit apartment building with studio, one- and two-bedroom apartments plus on-site card-operated laundry.

Property Size17,802 SF
Days on Market355

Property Features for 2525 Durant Ave

General Information

Standard status Pending
Size 17,802 SF
Property subtype Multifamily
Investment Type Value Add

Additional Details

Cap Rate 5.86%
Multifamily Units 27

Amenities

on-site card-operated laundry facilities

Building Details

Year Built 1928
Buildings 1
Units 27
Tenancy Multi
Listing Agency: Cushman & Wakefield - San Francisco, California
Listed By: Keith Manson · License #01490046
Source: Crexi
Added: Sep 16, 2025 Changed: Aug 8 Last Checked: Jul 26 at 8:42AM

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.

The Castle Craig Apartments is a 27-unit multifamily property built in 1928, offering a mix of 13 studio units, 12 one-bedroom units, and 2 two-bedroom units. The property has 10 currently vacant units, creating immediate value-add opportunity. Each unit includes access to on-site card-operated laundry facilities. Utilities are supported by individually metered electricity, while the landlord is responsible for water, gas, sewer, and waste services.

The property is located at 2525 Durant Avenue in Berkeley’s Southside neighborhood, positioned within a highly walkable area with a Walk Score of 97 and a Bike Score of 89. Residents have accessibility to UC Berkeley, major bus lines, and BART, with proximity to Telegraph Avenue for retail and dining.

Castle Craig is available for purchase on an individual basis or as part of a three-property, 68-unit portfolio that also includes The Keystone Apartments (2419 Durant Ave) and The Leroy Apartments (2411 Durant Ave). Property tours are available by appointment, and a disclosure package and marketing flyer are available upon request.

Key Highlights

  • 27‑unit multifamily property built in 1928 offering 17,802 SF at 2525 Durant Avenue in Berkeley’s Southside neighborhood
  • Unit mix includes 13 studios, 12 one‑bedroom units, and 2 two‑bedroom units
  • Currently 10 units are vacant, creating value‑add through upgrades and lease‑up

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store Fish Market Butcher Clothing & Fashion 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

27
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,426
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 - 27-unit apartment building with studio, one- and two-bedroom apartments plus on-site card-operated laundry.
Where is this apartment building located?
The property is located at 2525 Durant Ave Berkeley, CA.
What are key features of this property?
This property features: 27‑unit multifamily property built in 1928 offering 17,802 SF at 2525 Durant Avenue in Berkeley’s Southside neighborhood; Unit mix includes 13 studios, 12 one‑bedroom units, and 2 two‑bedroom units; Currently 10 units are vacant, creating value‑add through upgrades and lease‑up
(415) 773-3592 Call to check price and availability
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