Berkeley, CA 94705,2980 College Ave
Berkeley, CA 94705,2980 College Ave
Berkeley, CA 94705,2980 College Ave
Berkeley, CA 94705,2980 College Ave
Berkeley, CA 94705,2980 College Ave
Berkeley, CA 94705,2980 College Ave
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$4,750,000

$4,950,000

4.0%
Est.Price: ?

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Est. payment /mo

7,183 Sqft Lot


SOLD DATE : 06/13/2025

Key Details

Sold Price $4,750,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41084066

Sold Date 06/13/25

HOA Y/N No

Year Built 1983

Lot Size 7,183 Sqft

Property Description

Showing Friday 1/31 from 10am-12pm only! Elmwood Village at 2980 College Ave in Berkeley, CA, featuring a condominium structure with thirteen (13) well-maintained units comprising six (6) commercial units and seven (7) residential units. The residential units consist of one 3bd/2bth unit, two (2) 2bd/2bth units, two (2) 1bd/1bth units, and two (2) studio apartments. Tenants are responsible for gas and electricity, which keeps owner expenses low. The property is in excellent condition with no issues reported. Residential units boast amenities including washer/dryer in-unit, air conditioning, heating, cable readiness, dishwasher, disposal, stainless steel appliances, microwave, refrigerator, carpet, tile floors, vinyl flooring, walk-in closets, and large bedrooms. The property is fully occupied by stable tenants, most of whom are paying near market-rate rents, presenting an extremely rare opportunity to acquire a fully turnkey asset in one of the Bay Area's hottest rental markets.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Building

Water Other

Others

Tax ID 521573100

Financing Cash

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California Regional MLS (CRMLS)
Listed by Steven Pinza • The Pinza Group, Inc
Bought with Steven Pinza • The Pinza Group, Inc
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