2401 Piedmont Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2401 Piedmont Ave
19,670 SF Speciality Building Offered at £11,046,000 in Berkeley, CA 94704
Investment Highlights
- 41-Room & 88-Bed Student Housing Opportunity on One of Berkeley’s Most Prominent Corners
- 5-Star Berkeley Location Surrounded by Student Housing Organizations & Just 1-Block from UC Berkeley Campus & Memorial Stadium
- Meticulously Well-Maintained Asset in Move-in Ready Condition – Over $1.7M in Completed Upgrades including a New Commercial Kitchen, Seismic Upgrade,
- Potential to be Delivered Vacant Upon Close of Escrow, Providing a Blank Slate and Myriad of Opportunities for Implementing Deep, Value-Add Business P
- Desirable & In-Demand Student Living Improvements: Furnished & Move-In Ready Units, Large Community & Chapter Rooms, Two Renovated Communal Kitchens,
- Landmark Berkeley Acquisition Opportunity with Value-Add Potential in a Supply Constrained Student Housing Market Adjacent to One of the Nation’s Top
Executive Summary
Piedmont Commons, or 2401 Piedmont Avenue, is a three-story plus lower-level student housing
building located at the corner of Piedmont Ave and Channing Way in Berkeley’s Southside
neighborhood. Constructed in 1959, the Building underwent significant renovations in 2013 and
features 88 beds across 41 rooms. 2401 Piedmont is situated only a block and a half away from UC
Berkeley’s campus and three blocks away from Telegraph Avenue, making it an ideal walkable
location for students.
The Property sits on over half an acre of land and features ±14 parking spaces, an outdoor patio,
and multiple roof decks. Currently 17% leased, Piedmont Commons offers fully-furnished units with
beds, dressers, and desks. Combined with desirable student housing build-outs such as on-site
laundry facilities and multiple study rooms, 2401 Piedmont is a turnkey student housing property.
At an incredible location with high-quality finishes, Piedmont Commons provides the owner-user
and investor communities the opportunity to acquire a generational student housing asset.
building located at the corner of Piedmont Ave and Channing Way in Berkeley’s Southside
neighborhood. Constructed in 1959, the Building underwent significant renovations in 2013 and
features 88 beds across 41 rooms. 2401 Piedmont is situated only a block and a half away from UC
Berkeley’s campus and three blocks away from Telegraph Avenue, making it an ideal walkable
location for students.
The Property sits on over half an acre of land and features ±14 parking spaces, an outdoor patio,
and multiple roof decks. Currently 17% leased, Piedmont Commons offers fully-furnished units with
beds, dressers, and desks. Combined with desirable student housing build-outs such as on-site
laundry facilities and multiple study rooms, 2401 Piedmont is a turnkey student housing property.
At an incredible location with high-quality finishes, Piedmont Commons provides the owner-user
and investor communities the opportunity to acquire a generational student housing asset.
Property Facts
| Price | £11,046,000 | Lot Size | 0.55 AC |
| Price Per SF | £562 | Building Size | 19,670 SF |
| Sale Type | Investment or Owner User | Number of Floors | 3 |
| Property Type | Speciality | Year Built/Renovated | 1959/2013 |
| Property Subtype | Sorority/Fraternity House | Parking Ratio | 0.71/1,000 SF |
| Building Class | C |
| Price | £11,046,000 |
| Price Per SF | £562 |
| Sale Type | Investment or Owner User |
| Property Type | Speciality |
| Property Subtype | Sorority/Fraternity House |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 19,670 SF |
| Number of Floors | 3 |
| Year Built/Renovated | 1959/2013 |
| Parking Ratio | 0.71/1,000 SF |
1 of 1
Walk Score ®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 055-1866-001-03 | Improvements Assessment | £4,714,936 |
| Land Assessment | £1,571,645 | Total Assessment | £6,351,720 |
PROPERTY TAXES
Parcel Number
055-1866-001-03
Land Assessment
£1,571,645
Improvements Assessment
£4,714,936
Total Assessment
£6,351,720
zoning
| Zoning Code | R-3H |
| R-3H |
-
Aileen Dolby -
Will Cliff -
Power Broker Ryan Rodriguez -
Matt Flaherty -
Colliers
1 of 20
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2401 Piedmont Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.