This Multifamily Property is no longer advertised on LoopNet.com.

2556 Telegraph Ave
Berkeley, CA 94704
The Laureate | 128 Beds | Student Housing · Multifamily Property For Sale · 24 Units

Investment Highlights

  • Rare chance to acquire newly constructed, purpose-built student housing product in the student dominated South Berkeley.
  • Utility Bill-Back Upside Potential.
  • UC Berkeley provided housing options are among the most expensive options in the market.
  • Fully furnished, luxury units with large floorplans, high bedroom and bathroom counts, and tasteful, condo-quality finishes.
  • On-site retail fronting the famous Telegraph Avenue, the main retail corridor for South Berkeley and the pathway to the UC Berkeley entrance.
  • Excellent historical & forecasted rent growth.

Property Facts

No. Units 24
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Dormitory
Apartment Style Mid-Rise
Building Class B
Lot Size 0.24 AC
Building Size 43,658 SF
Average Occupancy 100%
No. Stories 5
Year Built 2022
Zoning COMM

Amenities

Unit Amenities

  • Balcony
  • Cable Ready
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Wi-Fi
  • Freezer
  • Linen Closet
  • Large Bedrooms
  • Quartz Countertops

Site Amenities

  • 24 Hour Access
  • Business Center
  • Controlled Access
  • Fitness Center
  • Disposal Chutes
  • Furnished Units Available
  • On-Site Retail
  • Package Service
  • Recycling
  • Wi-Fi
  • Bicycle Storage
  • Community-Wide WiFi
  • Conference Rooms
  • Elevator
  • Lounge
  • Public Transportation
  • Walk To Campus

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $4,300 1,058 - 1,217
3+2.5 13 $9,600 1,123 - 1,252
4+2 7 $8,000 1,116 - 1,216
4+2.5 1 $12,995 1,252
4+3 1 $13,200 1,411

Property Taxes

Property Taxes

Parcel Number
055-1837-001-00
Land Assessment
$7,311,528
Improvements Assessment
$18,634,787
Total Assessment
$25,946,315
  • Listing ID: 38106616

  • Date on Market: 10/16/2025

  • Last Updated:

  • Address: 2556 Telegraph Ave, Berkeley, CA 94704

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