Berkeley, CA 94705,2980 College Ave
Listed by Steven Pinza • The Pinza Group, Inc
Bought with Steven Pinza • The Pinza Group, Inc
$4,750,000
$4,950,000
4.0%
Est.Price: ?

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9,424 SqFt

2980 College Ave Berkeley, CA 94705

Est. payment /mo
SOLD DATE : 06/13/2025

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Key Details

Sold Price $4,750,000

Property Type Commercial Sale

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 9,424 sqft

Price per Sqft $504

MLS Listing ID 41084066

Year Built 1983

Lot Size 7,184 Sqft

Property Sub-Type 5 or More Units

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 Other

Cooling Other

Flooring Other

Building

Lot Description Other

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Bay East AOR and Contra Costa AOR

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agent

Neil Canlas

Agent | CA BRE# 01777889

+1(415) 527-7070

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