2411 Durant AVE Active

Berkeley,CA 94704

$ 3135000

10 Beds

0 Bath

5603 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,603 sqft

Price per Sqft $559

MLS Listing ID 425074232

Bedrooms 10

HOA Y/N No

Year Built 1917

Lot Size 6,500 Sqft

Acres 0.1492

Property Sub-Type Multi Family

Property Description

The Cushman & Wakefield Northern California Multifamily Capital Markets Group is pleased to present The Leroy Apartments, a distinguished 9-unit multifamily asset in an irreplaceable location at 2411 Durant Avenue in the highly sought-after Southside neighborhood of Berkeley, CA. Built in 1917, this 5,603-square foot property boasts classic architectural character and presents a prime investment opportunity just steps away from the world-renowned UC Berkeley campus. Offered for the first time in more than 50 years, The Leroy Apartments represents a truly unique chance to secure a generational multifamily investment in one of the Bay Area's most dynamic rental markets. The property's unit mix consists of 4 studios and 5 two-bedroom units, catering to a diverse range of tenants, including UC Berkeley students, faculty, and local professionals direct adjacency to UC Berkeley. The Property offers significant value-add potential for an investor to implement property upgrades and reposition the asset as a student focused housing option. The property can be purchased individually or as a 3-property, 68-unit portfolio with The Keystone Apartments (2419 Durant Avenue - 32 Units) and The Castle Craig Apartments (2525 Durant Avenue - 27 Units).

Location

State CA

County Alameda

Area Berkeley Map Area 9

Rooms

Basement Storage Space

Interior

Heating Gas,Wall Furnace

Cooling None

Flooring Linoleum,Wood

Fireplace No

Appliance Free-Standing Gas Range,Free-Standing Refrigerator

Exterior

Total Parking Spaces 10

Building

Lot Description Curbs/Gutters,Sidewalk,Other

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction Yes

Others

Tax ID 55187812

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