$5,750,000

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.