College, Berkeley, CA 94705
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Property image
FOR SALE

College
Berkeley, CA 94705

Elmwood
  • 3 Beds
  • 3 Baths
  • 9,172 sqft

$4,388,000

Est. Mortgage $26,886/mo*
Get Pre-Qualified

$4,388,000

Est. Mortgage $26,886/mo*
Get Pre-Qualified
3 Beds
3 Baths
9,172 sqft

Home Highlights

Parking
Carport
Price/Sqft
$478
Climate Control
Electric Heating
Listed
45 days ago

Local Information

  • Map ViewExplore the area around College.
  • Schools4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 9 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.

Home Details for College

Interior Features

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

Exterior Features

Exterior Home Features
Roof: Rolled Hot MopFoundation: Concrete Perimeter
Parking & Garage
Has a CarportNo GarageParking Spaces: 2Parking: Off Street
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 45

Property Information

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

Price & Status

Price
List Price: $4,388,000Price Per Sqft: $478

Location

Direction & Address
City: Berkeley
School Information
Elementary School District: BerkeleyUnifiedHigh School District: BerkeleyUnified

Agent Information

Listing Agent
Listing ID: ML82053675

Building

Building Area
Building Area: 9172

Community

Units in Building: 21

Lot Information

Lot Area: 7400 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSellListing Terms: CashorConventionalLoan

Miscellaneous

Mls Number: ML82053675

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Elmwood
See Local Highlights
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.
  • Tiger S.
    "Lived here for 10 years, I have lovely neighbors and we have everything right around the corner in a short walking distance from grocery stores to cafes, restaurants and boutiques. Very beautiful and convenient neighborhood "
    2
    Flag
  • Planey221
    "I love the walkability of the neighborhood. It’s clean and quiet with a neighborly feel. I wouldn’t want to live anywhere else."
    3
    Flag
  • Charles C
    "They are block Parkes every so often. The school is a community magnet. And most of my local neighbors talk about community life."
    0
    Flag
  • Richard
    "Terrible I have to drive the bay bridge mon-fri. On a good day my 10 mile drive is about 45-60 minutes. A lot of times it can be 1 hr to 1 1/2 hours to go 10 miles"
    5
    Flag
  • Geofrost
    "Best place for families in Berkeley"
    1
    Flag

Market trends in Berkeley

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.52M
$28.33KMoM
Sale-to-List Price
130.6%
2.6%MoM
Price per sq ft
$967
$12MoM
Available listings
116
23MoM

Home Value

Trulia Estimate
$4.36M
Since last month
Decreased$31K (-0.7%)
Since last year
Increased$517K (+13.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -33% in the last 10 years
MonthEstimated value
2026
August 2026$4.34M
July 2026$4.37M
June 2026$4.4M
May 2026$4.44M
April 2026$4.39M
March 2026$4.41M
January 2026$3.83M
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2832 Derby St, Berkeley, CA
0.35
Multi-Family Home
$3,200,000
04/22/26
8
3
3,292
3037 College Ave, Berkeley, CA
0.31
Multi-Family Home
$1,450,000
06/04/26
7
4
3,081
2417 Webster St, Berkeley, CA
0.60
Multi-Family Home
$1,775,000
12/18/25
5
4
3,250
6456 Hillegass Ave, Oakland, CA
0.46
Multi-Family Home
$2,100,000
09/17/25
7
4
2,756
2714 Alcatraz Ave, Berkeley, CA
0.46
Multi-Family Home
$1,857,500
11/12/25
7
5
3,902

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
Tunnel Rd, Berkeley, CA 94705
0.00
-
-
-
-
Off Market
Westview Dr, Berkeley, CA 94705
0.01
$749,000
-
-
-
For Sale
2948 Pine Ave, Berkeley, CA 94705
0.03
$1,916,400
3
2.5
-
Off Market
2842 Ashby Ave, Berkeley, CA 94705
0.04
$2,950,300
5
3.5
3,073
Off Market
2954 Magnolia St, Berkeley, CA 94705
0.07
$2,277,400
3
1.5
1,831
Off Market
2964 Magnolia St, Berkeley, CA 94705
0.08
$3,405,000
4
3.5
2,387
Recently Sold
2951 Linden Ave, Berkeley, CA 94705
0.08
$2,500,000
5
2
2,605
Recently Sold
2945 Linden Ave, Berkeley, CA 94705
0.08
$2,727,500
4
2
2,673
Off Market
15 Claremont Cres, Berkeley, CA 94705
0.09
$2,100,000
2
2.5
1,878
Recently Sold
2929 Linden Ave, Berkeley, CA 94705
0.09
$2,115,800
3
2.5
1,890
Off Market
2935 Ashby Ave, Berkeley, CA 94705
0.10
$2,629,300
5
2.5
2,900
Off Market

Price and Tax history

DateEventPrice
Jul 9, 2026
Source: MLSListings Inc #ML82053675
Listed For Sale
$4,388,000

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 2026-08-23 14:43:46 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.

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Frequently asked questions about College

  • What is the estimated monthly payment for College?
    Based on a $4,388,000 list price with 20% down at today's rates, the estimated monthly payment for College in Berkeley, CA is approximately $27,274 (about $22,738 principal & interest, $4,461 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for College compare to homes in Berkeley?
    College in Berkeley, CA is listed at $4,388,000, about 189% above the $1.52M median sale price in Berkeley.
  • What do residents say about the Elmwood neighborhood?
    Residents describe the Elmwood neighborhood in Berkeley, CA as dog-friendly, walkable to grocery stores, and walkable to restaurants. See homes for sale in Elmwood, Berkeley.
  • What are the closest schools to College?
    The closest schools to College in Berkeley, CA are Berkeley High School (rated 9/10), Emerson Elementary School (rated 7/10), John Muir Elementary School (rated 9/10).
  • Does College have laundry facilities?
    Yes, College in Berkeley, CA has laundry facilities.
  • Does College have parking?
    Yes, College in Berkeley, CA has on-site parking.
College, Berkeley, CA 94705 is a 3 bedroom, 3 bathroom, 9,172 sqft multi-family built in 1957. College is located in Elmwood, Berkeley. This property is currently available for sale and was listed by MLSListings Inc on Jul 9, 2026. The MLS # for this home is MLS# ML82053675.