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2451 Le Conte Ave, Berkeley, CA 94709

  • $5,750,000

  • bed

  • bath

  • 12,756

    Sqft ($451/Sqft)

Multi-family pending
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About 2451 Le Conte Ave

Property type Multi-family
Neighborhood
Year built 1928
HOA fee $0/month
Lot size 6,250 Sqft
Movoto estimate
Parking 7 garage spaces
Rental estimate
Property description
2451 Le Conte Avenue, is a 24-unit trophy multifamily asset in an irreplaceable Northside Berkeley location, just steps from the UC Berkeley campus. This rare investment offering combines turn-key capital improvements with meaningful rental upside in one of the Bay Area's most enduring and supply-constrained housing markets. The property has benefited from a series of major capital upgrades, including new dual-pane vinyl windows throughout, a complete copper plumbing re-piping, electrical service and subpanel replacements, a new roof, and a voluntary seismic retrofit. These improvements significantly reduce near-term capital expenditure needs and enhance the property's long-term durability, positioning it as a low-maintenance asset for new ownership. The property is comprised of 24 sizable studio units that all feature timeless character. Ideally located just north of campus, 2451 Le Conte Avenue offers residents unparalleled proximity to UC Berkeley and the surrounding neighborhood's premier amenities. The property boasts a Walk Score of 92 and Bike Score of 71, reflecting its exceptional accessibility to Downtown Berkeley, the Gourmet Ghetto dining district, & a vibrant mix of retail, cafes, and cultural attractions.
Listed by
Listing Agent - Keith Manson
Listing Office - Cushman & Wakefield
Source: SFARMLS mls logo
MLS#425083628 • last updated 4 months ago
Movoto checked SFARMLS for data 19 minutes ago
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Overview
Heating Electric, Wall Furnace
Levels/Style Three, 3, 0
SqFt 12756
SubType 5 Or More Units, Apartments, Flats
Type Residential Income
MLS # 425083628
Status Pending
Lot Size (Acres) 0.1435
Lot Size (SqFt) 6250
Year Built 1928
Condition Varies By Unit
Interior
Laundry Coin Operated, In Common Area
Total # of Rooms 48
Flooring Carpet, Linoleum, Vinyl, Wood
Appliances Free Standing Gas Oven, Free Standing Refrigerator
Window Features Bay Window(s), Dual Pane Full
Exterior
# Garage Spaces 7
# Parking Spaces 7
Parking Desc Garage
Lot Desc Curbs/Gutters, Sidewalk
Amenities / Utilities
Water Source Public
Sewer/ Septic Public Sewer
Location
County Alameda
APN 58-2193-5
Multifamily Details
Tenant Pays Electricity, Gas, Parking Fee
Separate Meters Electricity, Gas
# Units Furnished None
# Of Units Total 24
# Studios Occupied 22
# of Studio Units 24
# Of Units Vacant 2
# Of Units Leased 22
Gross Rent Multiplier 10.11
Expense: Utilities 16575
Cap Rate 5.74
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Source: GreatSchools.org © 2026. All rights reserved.

Around Northside

Explore everything this neighborhood has to offer. Learn more about Northside.
85/100
Walk
62/100
Family
92/100
Dining
97/100
Pet
  • Real Estate
  • CA
  • Alameda County
  • Berkeley
  • 94709
  • Northside
  • 2451 Le Conte Ave

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