CA > Berkeley
Berkeley, CA 94709,2366 Virginia St
Berkeley, CA 94709,2366 Virginia St
Berkeley, CA 94709,2366 Virginia St
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Joel Martinez

Joel Martinez

+1(831) 230-0059
$2,699,999
Est. payment /mo
12 Beds
8 Baths
4,135 SqFt
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UPDATED:

10/30/2024 09:52 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,135 sqft

Price per Sqft $652

MLS Listing ID EB41076991

Bedrooms 12

Originating Board Bridge MLS

Year Built 1920

Lot Size 6,250 Sqft

Property Description

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.

Location

State CA

County Alameda

Area Other Area

Interior

Heating Wall Furnace

Cooling Air Conditioning - None

Flooring Tile, Wood

Laundry Washer, Dryer

Exterior

Exterior Feature Stucco, Wood Shingles

Parking Features Off-Street Parking

Garage Spaces 3.0

Roof Type Rolled Composition

Building

Lot Description Regular

Sewer Sewer - Public

Water Public

Others

Tax ID 58-2188-7

Special Listing Condition Not Applicable

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agent

Joel Martinez

+1(831) 230-0059

Property Connection Specialist | License ID: 02338033

Property Connection Specialist License ID: 02338033

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