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College, Berkeley CA 94705
College, Berkeley CA 94705
College, Berkeley CA 94705
College, Berkeley CA 94705
College, Berkeley CA 94705
College, Berkeley CA 94705
College, Berkeley CA 94705
College, Berkeley CA 94705
College, Berkeley CA 94705
California>Berkeley>Cragmont

CollegeBerkeley, CA 94705

For Sale

$4,628,000

Smart Buyer Rebate $46,280

BCG Multifamily of Marcus & Millichap is pleased to present 2801 College Avenue, a well-located 21-unit apartment community in Berkeley offering a stable, income-oriented investment in one of the Bay Area's most established rental corridors. The property is priced at a 5.6% in-place cap rate with upside to north of a 7%, and at just $220,000 per unit, providing durable cash flow, strong fundamentals, and long-term downside protection. 2801 College Ave benefits from an exceptional location in Berkeley's highly coveted Elmwood neighborhood, bordering the iconic Claremont Hotel and just minutes from University of California, Berkeley. Residents enjoy walkable access to Whole Foods Market and the full array of dining, retail, and entertainment along College Avenue, making this a premier, lifestyle-oriented rental location with enduring demand.

Listed by Eymon Binesh

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License #02060059

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Marcus & Millichap

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650-546-1030

Listed by Mark Kis

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License #02248309

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Marcus & Millichap

Last updated March 16, 2026

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Source: MLSListings #ML82033850

Listing Facts

  • TypeMulti-family
  • NeighborhoodCragmont
  • Days on Prevu40
  • Size10,358 sqft
  • Price per sqft$447

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

03/05/2026
Price Decreased
$4,628,000
02/05/2026
Listed by Marcus & Millichap
$4,828,000

Property Details for College

Association

General

  • Number Of Units In Community: 21

Exterior

Construction

  • Roof: Rolled/Hot Mop
  • Year Built: 1957

Measurements

  • Building Area Total: 10,358
  • Lot Size Area: 7,400
  • Lot Size Square Feet: 7,400

Financial

Taxes

  • Parcel Number: 053-1696-001

Interior

Measurements

  • Living Area: 10,358

Other

Features

  • Accessibility Features: Parking

Parking

Parking

  • Carport: Yes
  • Parking Features: Off-Street Parking
  • Parking Total: 2

Schools

Elementary School

  • Elementary School District: Berkeley Unified

High School

  • High School District: Berkeley Unified

Utilities

Equipment

  • Heating: Electric
  • Laundry Features: Coin Operated
  • Sewer: Public Sewer
  • Utilities: Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at College.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for College.

What is the square footage on this multi-family home?

According to the MLS, this listing is 10,358 sqft.

College is a -bedroom multi-family home for sale in Berkeley CA 94705. Available on Prevu for 40 days at $4,628,000. This includes a recent price decrease of $200,000. This residence features 10,358 square feet of living space, located in Cragmont. The median listing price for multi-family homes in this area is $2,095,000. Additional amenities include pets allowed and parking. View other multi-family home listings in Berkeley.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.