$9,440,000

Estimated payment $58,851/month

Total Views 2,831
24 Beds
-- Bath
18,543 Sq Ft
$509 Price per Sq Ft

Highlights

  • 0.22 Acre Lot
  • Wood Flooring
  • Bay Window
  • Emerson Elementary School Rated A
  • Attached Garage
  • Formal Entry

About This Home

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).

Listing Agent

Keith Manson

Cushman & Wakefield License #DRE #01490046 Listed on: 09/17/2025

Co-Listing Agent

Zachary Greenwood

Cushman & Wakefield License #01960296

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Parking

  • Attached Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 24 Bedrooms
  • 4-Story Property
  • Bay Window
  • Formal Entry

Flooring

  • Wood
  • Linoleum

Additional Features

  • 9,750 Sq Ft Lot
  • Heating System Uses Steam

Community Details

Building Details

  • 24 Leased Units
  • 8 Vacant Units

Additional Features

  • 32 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Fixer
  • Levels: Four
  • Year Built: 1924
  • Property Sub Type: Multi Family
  • Co List Office Mls Id: CUSH
  • Co List Office Mls Id: CUSH
  • Special Features: None

Interior Features

  • Basement: Apartment, Storage Space
  • Appliances: Free-Standing Gas Range, Free-Standing Refrigerator
  • Flooring: Linoleum, Wood
  • Interior Amenities: Formal Entry
  • Laundry Features: Coin Operated, Common Area
  • Window Features: Bay Window(s)
  • Total Bedrooms: 24
  • Total Bedrooms: 24
  • Stories: 4

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: None
  • Electric: Separate Meter
  • Heating: Steam
  • Sewer: Public Sewer
  • Utilities: Separate Meters (See Remarks)
  • Water Source: Public
  • Heating Yn: Yes

Lot Info

  • Lot Features: Curbs/Gutters, Sidewalk
  • Lot Size Acres: 0.2238
  • Lot Size Sq Ft: 9750
  • Lot Size Units: Square Feet
  • Irrigation Water Rights: No

Green Features

Rental Info

  • Tenant Pays: Electricity
  • Existing Lease Type: Net
  • Units Furnished: None

Building Info

  • Building Name: The Keystone Apartments
  • Number of Units Total: 32

Tax Info

  • Tax Tract: 0.00

Multi Family

  • Number Of Units Vacant: 8
  • Number Of Units Leased: 24

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2025 09/17/25 For Sale $9,440,000 -- $509 / Sq Ft
Source: San Francisco Association of REALTORS®

Source: San Francisco Association of REALTORS®

MLS Number: 425074242

San Francisco Association of REALTORS®