REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jatin Mehta, DRE #02045713 • Kite Hill Real Estate
$ 1,650,000
Est. payment /mo
New
2427 McKinley Ave Berkeley, CA 94703
1 Bed
2 Baths
2,911 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,911 sqft
Price per Sqft $566
MLS Listing ID EB41144559
Bedrooms 1
Year Built 1962
Lot Size 5,070 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre Kite Hill Real Estate presents 2427 McKinley Ave, a well-maintained 6-unit mid-century apartment building located in one of Berkeley's most desirable rental markets. Situated just 6-7 blocks from UC Berkeley and only a few blocks from Downtown Berkeley BART, the property offers exceptional access to campus, public transit, restaurants, cafés, grocery stores, and the vibrant Downtown Berkeley commercial district. The property features an attractive unit mix of (4) 1-bedroom/1-bath units and (2) studio units, appealing to Berkeley's consistently strong demand from students, faculty, and young professionals. The property is 100% occupied and generates over $140,000 in annual gross income, providing stable in-place cash flow. Additional amenities include 1:1 covered garage parking, on-site coin-operated laundry, and 4 of the 6 units have been renovated, enhancing tenant appeal while reducing future capital needs. Ownership has completed several major improvements, including the mandatory soft-story seismic retrofit and sewer lateral compliance, allowing investors to acquire a well-maintained asset with significant infrastructure work already completed. Built in 1962, 2427 McKinley Avenue offers a rare combinatio
Location
State CA
County Alameda
Area Berkeley Map Area 7
Interior
Heating Gas
Cooling None
Flooring Wood
Laundry Laundry Facility - Coin-Op
Exterior
Exterior Feature Stucco
Parking Features Tandem Parking
Garage Spaces 6.0
Building
Lot Description Regular
Others
Special Listing Condition New, Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.