Investment Overview

Property Description: 2801 College Avenue is a well-maintained multifamily property located in Berkeley, CA, offering a mix of studio, one-bedroom, and two-bedroom units. The property spans 10,358 square feet on a 0.17-acre lot, providing ample living space. Built in 1957, the property is 100% occupied and priced at $4,828,000, representing an attractive entry into a high-demand rental market. The current rents are below market, presenting a clear opportunity for an investor to increase revenue through rent adjustments. This potential for rent growth, combined with the property’s stable performance, offers investors a solid foundation for both immediate income and future appreciation. With a mix of long-term stability and upside potential, this property is well-positioned to capitalize on the thriving Berkeley market. Location Information: 2801 College Avenue is located in a prime area of Berkeley, a highly desirable city in the San Francisco Bay Area. The property enjoys excellent access to major highways like Interstate 80 and U.S. Route 24, as well as nearby public transportation options, including the Berkeley BART station, making commuting to nearby tech hubs like Silicon Valley and educational institutions like the University of California, Berkeley, convenient. Berkeley’s dynamic economy, fueled by the tech and education sectors, ensures a constant demand for housing. The surrounding neighborhood is rich in amenities, with local attractions like the Gourmet Ghetto, famous for its diverse dining options, and the vibrant Telegraph Avenue for shopping. Residents can also enjoy nearby parks like the iconic Tilden Regional Park and recreational areas like the Berkeley Marina. This combination of accessibility, local amenities, and proximity to leading employers makes this location a highly desirable place to live and an excellent investment opportunity.