2366 Virginia St, Berkeley, CA 94709
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Listed Price :
$2,699,999
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1920
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.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Flooring Information |
Material |
Tile, Wood |
Listing Information
Address |
2366 Virginia St |
City |
Berkeley |
State |
CA |
Zip |
94709 |
County |
Alameda |
Listing Agent |
Xiuju Sun DRE #01945799 |
Courtesy Of |
Compass |
List Price |
$2,699,999 |
Status |
Active |
Type |
Residential Income |
Subtype |
Quadruplex |
Structure Size |
N/A |
Lot Size |
6,250 |
Year Built |
1920 |
Listing information courtesy of: Xiuju Sun, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 30th, 2024 at 9:53 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.