2366 Virginia St Active

Berkeley,CA 94709

$ 2699999

- Bed

- Bath

4135 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,135 sqft

Price per Sqft $652

MLS Listing ID 41076991

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

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Tile,Wood

Building

Lot Description Regular

Water Public

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