2427 McKinley Ave, Berkeley, CA 94703
2427 McKinley Ave, Berkeley, CA 94703
2427 McKinley Ave, Berkeley, CA 94703
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Parisa Samimi

Parisa Samimi

+1(510) 410-4050
$1,650,000
Est. payment /mo
2,911 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,911 sqft

Price per Sqft $566

Subdivision Central Berkeley

MLS Listing ID 41144559

HOA Y/N No

Year Built 1962

Lot Size 5,070 Sqft

Acres 0.11

Property Sub-Type Multi Family

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 combination of a premier Berkeley location, strong current income, and long-term investment potential.

Location

State CA

County Alameda

Rooms

Basement None

Interior

Interior Features Storage

Heating Natural Gas

Cooling None

Flooring Wood

Fireplace No

Laundry Coin Operated

Exterior

Utilities Available Wired For Cable TV, Individual Electric Meter, Individual Gas Meter

Total Parking Spaces 6

Building

Lot Description Rectangular Lot, Paved

Sewer Public Sewer

Water Public

New Construction No

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Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jatin Mehta • Kite Hill Real Estate

NEARBY SCHOOL & BUSINESS

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Parisa Samimi

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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2427 McKinley Ave