Berkeley, CA 94704,2419 Durant AVE
Berkeley, CA 94704,2419 Durant AVE
Berkeley, CA 94704,2419 Durant AVE
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Listed by Keith Manson Cushman & Wakefield
$9,440,000
Est. payment /mo
24 Beds
18,543 SqFt
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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


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