2801 College Ave

2801 College Ave

Available

Berkeley, CA 94705

$5,995,000 Marketing Sheet

Compass Commercial is pleased to announce the exclusive listing of 2801 College Avenue, just a few blocks from University of California at Berkeley.  Set between a Pacifi c ridge and sparkling San Francisco Bay, Berkeley is aspirited Northern California city that has grown from counterculture rootsto become a hub of intellectual and cultural diversity, with a thriving artsscene and outsized culinary infl uence. Berkeley spans 10.5 square miles ofterrain with a population of around 125,000.

Berkeley is the proud home to the University of California, Berkeley, withover 35,000 students each year, and the top employer for the city. Theother top five employers are Lawrence Berkeley National Laboratory, Sutter Health, City of Berkeley and Bayer. Berkeley’s innovation culture nurtures the tech and business start-ups that spring from UC Berkeley on a regular basis.

Cap Rate: 4.68% NOI: $280,814 Livable Sq. Ft: 9,172

Built in 1957 19 units Lot Sq. Ft: 7,400

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