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Listed by Keith Manson Cushman & Wakefield
$ 6,140,000
Est. payment | /mo
12,756 SqFt
$ 6,140,000
Est. payment | /mo
12,756 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,756 sqft
Price per Sqft $481
MLS Listing ID 425083628
HOA Y/N No
Year Built 1928
Lot Size 6,250 Sqft
Acres 0.1435
Property Sub-Type Multi Family
Property Description
2451 Le Conte Avenue, is a 24-unit trophy multifamily asset in an irreplaceable Northside Berkeley location, just steps from the UC Berkeley campus. This rare investment offering combines turn-key capital improvements with meaningful rental upside in one of the Bay Area's most enduring and supply-constrained housing markets. The property has benefited from a series of major capital upgrades, including new dual-pane vinyl windows throughout, a complete copper plumbing re-piping, electrical service and subpanel replacements, a new roof, and a voluntary seismic retrofit. These improvements significantly reduce near-term capital expenditure needs and enhance the property's long-term durability, positioning it as a low-maintenance asset for new ownership. The property is comprised of 24 sizable studio units that all feature timeless character. Ideally located just north of campus, 2451 Le Conte Avenue offers residents unparalleled proximity to UC Berkeley and the surrounding neighborhood's premier amenities. The property boasts a Walk Score of 92 and Bike Score of 71, reflecting its exceptional accessibility to Downtown Berkeley, the Gourmet Ghetto dining district, & a vibrant mix of retail, cafes, and cultural attractions.
Location
State CA
County Alameda
Area Berkeley Map Area 1
Interior
Heating Electric, Wall Furnace
Flooring Carpet, Linoleum, Vinyl, Wood
Fireplace No
Window Features Bay Window(s),Double Pane Windows
Appliance Free-Standing Gas Oven, Free-Standing Refrigerator
Laundry Coin Operated, Common Area
Exterior
Garage Spaces 7.0
Total Parking Spaces 7
Building
Lot Description Curbs/Gutters, Sidewalk
Story 3
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Tax ID 5821935
