College
Berkeley, CA 94705
Elmwood
3 Beds
3 Baths
9,172 sqft
3 Beds
3 Baths
9,172 sqft
Local Information
- Map ViewExplore the area around College.
- Schools4 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Description
Located in the heart of Berkeley's highly sought-after Elmwood neighborhood, 2801 College Avenue presents a rare opportunity to acquire a 21-unit apartment community in one of the East Bay's premier rental markets. The property offers an attractive mix of one-bedroom, two-bedroom, and studio floor plans, providing broad tenant appeal and long-term occupancy stability. Offered at an in-place 6.29% CAP rate with substantial upside through future rental growth, the asset combines strong day-one cash flow with significant value-add potential. Priced at just $209,000 per unit, 2801 College Avenue represents an exceptional value in a supply-constrained location, just steps from the vibrant College Avenue retail corridor, renowned restaurants, cafés, and UC Berkeley.
Home Highlights
Parking
Carport
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$478
Listed
Less than a day ago
Home Details for College
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 9172 Square Feet |
Appliances & Utilities Utilities: Public Utilities, Water PublicLaundry: Coin Operated |
Heating & Cooling Heating: ElectricNo CoolingAir Conditioning: NoneHeating Fuel: Electric |
Gas & Electric Gas: PublicUtilities |
Windows, Doors, Floors & Walls Door: None |
Levels, Entrance, & Accessibility Accessibility: None |
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Exterior Home Features Roof: Rolled Hot MopFoundation: Concrete Perimeter |
Parking & Garage Has a CarportNo GarageParking Spaces: 2Parking: Off Street |
Water & Sewer Sewer: Public Sewer |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1957 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Five Or More Units, Residential Income |
Property Information Included in Sale: OvenRangeAllUnitsParcel Number: 0531696001 |
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Price List Price: $4,388,000Price Per Sqft: $478 |
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Direction & Address City: Berkeley |
School Information Elementary School District: BerkeleyUnifiedHigh School District: BerkeleyUnified |
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Listing Agent Listing ID: ML82053675 |
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Building Area Building Area: 9172 |
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Units in Building: 21 |
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Lot Area: 7400 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: ExclusiveRightToSellListing Terms: CashorConventionalLoan |
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Mls Number: ML82053675 |
Last check for updates: about 4 hours ago
Listing courtesy of Eymon Binesh 02060059, (650) 546-1030
Marcus & Millichap, (650) 391-1700
Mark Kis 02248309, (510) 955-7988
(650) 391-1700
Source: MLSListings Inc, MLS#ML82053675
Also Listed on MLSListings Inc.
Market trends in Berkeley
Last updated May 2026
Avg. sale price
$1.43M
$68.33KMoM
Sale-to-List Price
127.9%
5.8%MoM
Price per sq ft
$916
$20MoM
Available listings
154
16MoM
Price History for College
| Date | Price | Event | Source |
|---|---|---|---|
| 07/09/2026 | $4,388,000 | Listed For Sale | MLSListings Inc #ML82053675 |
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Comparable Sales for College
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.35 | Multi-Family Home | $3,200,000 | 04/22/26 | 8 | 3 | 3,292 | |
0.31 | Multi-Family Home | $1,450,000 | 06/04/26 | 7 | 4 | 3,081 | |
0.60 | Multi-Family Home | $1,775,000 | 12/18/25 | 5 | 4 | 3,250 | |
0.46 | Multi-Family Home | $2,100,000 | 09/17/25 | 7 | 4 | 2,756 | |
0.60 | Multi-Family Home | $2,218,000 | 08/06/25 | 7 | 4 | 4,542 | |
0.46 | Multi-Family Home | $1,857,500 | 11/12/25 | 7 | 5 | 3,902 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKET
OFF MARKET
FOR SALE0.28 ACRES
FOR SALE0.66 ACRES
OFF MARKETMichael B. Harrington DRE #01235704, Sotheby's International Realty
SOLDSEP 25, 2025
OFF MARKET
SOLDDEC 19, 2025
SOLDFEB 13, 2026
OFF MARKET
SOLDMAY 14, 2026
Assigned Schools
These are the assigned schools for College.
- Berkeley High School
- 9-12
- Public
- 3218 Students
9/10GreatSchools RatingParent Rating AverageThe school has great teachers and traditional education for the most part . My issue with the social aspect is that they don't have a dress code. I understand we are in Berkeley CA and there are nudists but that's different. They allow their girls to wear very tight daisy dukes that show not only the gluteos maximus but the genitals. This has been an ongoing going issue for almost ten years and I really don't understand why. I feel the students should be educated on why it's a bad idea. The students have off campus lunch and harass passer bys and spread what ever infections they have with those genitals shorts. Aside from this real big issue there are some ok teachers there that are trustworthyParent Review9mo ago - Emerson Elementary School
- K-5
- Public
- 283 Students
7/10GreatSchools RatingParent Rating AverageWe absolutely loved Emerson and thrilled that our child is a student there. The principal Ms. Holmes is amazing and is constantly going above and beyond for the students. Emerson is one of the smaller elementary schools in Berkeley but feel fortunate that there is such a great sense of community among the parents.Parent Review1y ago - Sylvia Mendez Elementary
- K-5
- Public
- 379 Students
8/10GreatSchools RatingParent Rating AverageEs una escuela muy complementaria porque laConexión entre el personal y las familias es increíble!Parent Review2y ago - Malcolm X Elementary School
- K-5
- Public
- 469 Students
8/10GreatSchools RatingParent Rating AveragePhenomenal school is every way. Diverse and welcome in learning community with high quality teachers in TK and K. My student has thrived here and I can’t wait to see what next school year brings. The after school staff really connected with my student and principal Hunt is a very dedicated. Don’t skip the potluck and movie nights as well as other school functions like back to school etc. they are so so worth it. Forgot to mention one of the best aspects, the specialists! My student has dance, garden, nutrition/ wellness, and art!Parent Review3y ago - Willard Middle School
- 6-8
- Public
- 596 Students
10/10GreatSchools RatingParent Rating AverageWe had a horrible time at Willard. While some of the teachers were excellent (we had some great math teachers, for example) and we loved the cooking and gardening programs, bullying was a huge problem that, despite many, many complaints to the school, went un-addressed. My child was bullied mercilessly by another child the entire time and that other child would basically play innocent - it was never dealt with beyond that. My child is in high school now and we have spent thousands of dollars in therapy to help them get their confidence and sense of self back. I'm not sure whether that will ever happen. Additionally, although some teachers were fantastic, there were many others who were not, and those set a negative tone for the entire experience for us.Parent Review2y ago - John Muir Elementary School
- K-5
- Public
- 293 Students
9/10GreatSchools RatingParent Rating AverageJohn Muir is a phenomenal school and has only been getting better in recent years. Excellent principal and leadership team that led the school to receive the National Blue Ribbon School Award in 2024. Very involved community and a beautiful school campus; enrichment opportunities for students abound. We're so grateful to be a part of this amazing school community.Parent Review1y ago 
Check out schools near College.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Elmwood
At least 21 Trulia users voted on each feature.
100 % Say it's dog friendly
96 % Say it's walkable to grocery stores
91 % Say it's walkable to restaurants
90 % Say people would walk alone at night
83 % Say there are sidewalks
75 % Say kids play outside
72 % Say there's holiday spirit
68 % Say streets are well-lit
61 % Say parking is easy
57 % Say yards are well-kept
54 % Say it's quiet
53 % Say neighbors are friendly
45 % Say they plan to stay for at least 5 years
42 % Say there's wildlife
38 % Say there are community events
22 % Say car is needed
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Eymon Binesh, Marcus & Millichap, (650) 391-1700
Agent Phone: (650) 546-1030
Based on information from the MLSListings MLS as of 2026-07-09 14:21:05 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.