2525 Durant AVE Active Save Request In-Person Tour Request Virtual Tour
Berkeley,CA 94704
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