2419 Durant AVE new 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 18,543 sqft
Price per Sqft $509
MLS Listing ID 425074242
Bedrooms 24
HOA Y/N No
Year Built 1924
Lot Size 9,750 Sqft
Acres 0.2238
Property Sub-Type Multi Family
Property Description
The Cushman & Wakefield Northern California Multifamily Capital Markets Group is pleased to present The Keystone Apartments, a distinguished 32-unit multifamily asset in an irreplaceable location at 2419 Durant Avenue in the highly sought-after Southside neighborhood of Berkeley, CA. Built in 1924, this 18,543-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 Keystone 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 20 studios and 12 two-bedroom units, catering to a diverse range of tenants, including UC Berkeley students, faculty, and local professionals seeking 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 Leroy Apartments (2411 Durant Avenue - 9 Units) and The Castle Craig Apartments (2525 Durant Avenue - 27 Units).
Location
State CA
County Alameda
Area Berkeley Map Area 9
Rooms
Basement Apartment,Storage Space
Interior
Interior Features Formal Entry
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)
Total Parking Spaces 7
Building
Lot Description Curbs/Gutters,Sidewalk
Sewer Public Sewer
Water Public
Level or Stories Four
New Construction Yes
Others
Tax ID 55187810