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 

Bay East  ©2024 CCAR  ©2024. bridgeMLS  ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 8:47 AM UTC, 10/26/2024.

Powered byLuxury Presence