$4,750,000
SOLD JUN 13, 2025
-- Bed
-- Bath
9,424 Sq Ft
7,184 Sq Ft Lot

Recently Sold

$504 Per Sq Ft

4% Below List Price

104 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • 5-minute walk to Bateman Park
  • Emerson Elementary School Rated A
  • Heating Available

About This Home

As of June 2025

Showing Friday 1/31 from 10am-12pm only! Elmwood Village at 2980 College Ave in Berkeley, CA, featuring a condominium structure with thirteen (13) well-maintained units comprising six (6) commercial units and seven (7) residential units. The residential units consist of one 3bd/2bth unit, two (2) 2bd/2bth units, two (2) 1bd/1bth units, and two (2) studio apartments. Tenants are responsible for gas and electricity, which keeps owner expenses low. The property is in excellent condition with no issues reported. Residential units boast amenities including washer/dryer in-unit, air conditioning, heating, cable readiness, dishwasher, disposal, stainless steel appliances, microwave, refrigerator, carpet, tile floors, vinyl flooring, walk-in closets, and large bedrooms. The property is fully occupied by stable tenants, most of whom are paying near market-rate rents, presenting an extremely rare opportunity to acquire a fully turnkey asset in one of the Bay Area's hottest rental markets.

Last Agent to Sell the Property

Steven Pinza

License #01867691 Listed on: 01/29/2025

Last Buyer's Agent

Steven Pinza

License #01867691 Listed on: 01/29/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 7,184 Sq Ft Lot

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Year Built: 1983
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Directions: Google Maps
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Other
  • Other Equipment: Other

Exterior Features

  • Roof: Other
  • Lot Features: Other
  • Construction Type: Other

Garage/Parking

  • Parking Features: Other

Utilities

  • Heating: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7184

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
06/13/2025 06/13/25 Sold $4,750,000 -4.0% $504 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $4,950,000 -- $525 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41084066

bridgeMLS