Active
2366 Virginia St
Berkeley CA, 94709
$2,699,999
$652.96 per sqft
Active
12 Beds
4,135 sqft
Multi-family
Built in 1920
Great opportunity! A truly remarkable fourplex with 4 enormous flats on a huge level lot nestled in the heart of the famous Berkeley Gourmet District (Chez Panisse, Cheeseboard Collective, Original Peet's), located 2 blocks north of the UC Berkeley Campus and 4 blocks east of bustling Shattuck Ave. Each unit is approx 1,000 square feet, with separate large living room, formal dining room, big bedroom, breakfast nook, and formal entry halls. The larger-than-average units will always be in strong demand with a large, rotating pool of student renters willing to pay top-dollar to get the most from their collegiate experience. Lot is 6,250 square feet, enough space for possible ADU or additional units. It's paradise! UC campus, BART, and a myriad of fine Berkeley cuisine are all just a stone's throw away. With a WalkScore of 97 and BikeScore of 93. All the units will be vacant by 7/31/2025. This ideal geographic location means the new owner can command monthly rents higher than average in Berkeley's rental market. Current occupants generate an impressive amount of cash flow (approximately $20,000 per month, all UCB students)and that number is poised to increase.
41076991
MLSⓇ ID
October 19, 2024
Listed
October 26, 2024
Updated
Map
2366 Virginia St
Berkeley CA, 94709
Interior Features
Bedrooms
12
Appliances
Dryer, Washer
Floor Description
Tile, Wood
Fireplace
Yes
Cooling
Yes
Cooling Description
No Air Conditioning
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.14 Acres
Exterior Features
Front Yard
Lot Features
Regular
Other Property Details
Area Name
Berkeley
Garage
No
Parking
Off Street
View
No
County
Alameda
Pool
No
Listed by Xiuju Sun with Compass
Listing Contact: 626-500-7082
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