Berkeley, CA 94704,2525 Durant AVE
Berkeley, CA 94704,2525 Durant AVE
Berkeley, CA 94704,2525 Durant AVE
Berkeley, CA 94704,2525 Durant AVE
Berkeley, CA 94704,2525 Durant AVE
Berkeley, CA 94704,2525 Durant AVE
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Listed by Keith Manson Cushman & Wakefield
$ 7,900,000
Est. payment | /mo

16 Beds

17,802 SqFt


Save
$ 7,900,000
Est. payment | /mo
Save

16 Beds

17,802 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 17,802 sqft

Price per Sqft $443

MLS Listing ID 425074330

Bedrooms 16

HOA Y/N No

Year Built 1928

Lot Size 9,750 Sqft

Acres 0.2238

Property Sub-Type Multi Family

Property Description

The Cushman & Wakefield Northern California Capital Markets Group is pleased to present The Castle Craig Apartments, a distinguished 27-unit multifamily asset located in an irreplaceable location at 2525 Durant Avenue in the highly sought-after Southside neighborhood of Berkeley, CA. Built in 1928, this 17,802-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 13 studios, 12 one-bedroom units, and 2 two-bedroom units, catering to a diverse range of tenants, including UC Berkeley students, faculty, and local professionals seeking direct adjacency to UC Berkeley. There is immediate value-add potential for an investor to implement property upgrades to 10 units and implement a modern purpose-driven student housing operation. The property can be purchased individually or as a 3-property, 68-unit portfolio with The Keystone Apartments (2419 Durant Avenue - 32 Units) & The Leroy Apartments (2411 Durant Avenue - 9 Units).

Location

State CA

County Alameda

Area Berkeley Map Area 9

Rooms

Basement Storage Space, Other

Interior

Heating Steam

Cooling None

Flooring Linoleum, Wood

Fireplace No

Window Features Bay Window(s)

Appliance Free-Standing Gas Range, Free-Standing Refrigerator

Laundry Coin Operated, Common Area

Exterior

Utilities Available Separate Meters (See Remarks)

Building

Lot Description Curbs/Gutters, Sidewalk, Other

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction Yes

Others

Tax ID 5518777

San Francisco MLS - SFAR
Gary Bradley

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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