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9,424 sqft

$4,750,000

2980 College Ave, Berkeley CA, 94705

Price per sqft$504.03
Built in1983
Property size9,424 sqft
Property typeOther

Overview

Sold

Listed Jan 29, 2025

Updated Jun 1

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.

Additional information

MLS® ID
41084066

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.16 Acres
MLS provider logo

Listed by Steven Pinza, with The Pinza Group, Inc
Listing Contact: 510-725-4775 

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