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).
For sale
$9,440,000
2419 Durant Ave, Berkeley, CA 94704
24beds
0baths
18,543sqft
Est.:
Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
$509/sqft
$-- HOA
What's special
- 21 days |
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