Located just 0.3 miles from UC Berkeley, 1724 La Vereda Rd is a rare, high-performing student housing investment in North Berkeley’s competitive rental market. Fully leased at $14,000/month with a history of near-zero vacancy, this turnkey four-unit property delivers immediate, reliable cash flow in a low-risk, high-demand sector. The 2,509 sq. ft. lot includes one studio, two 2-bed/1-bath units, and one 3-bed/2-bath unit across two buildings—each equipped with in-unit laundry and a fixed utility fee model, ensuring stable operating income. Steps from Safeway, Peet’s Coffee, and the Gourmet Ghetto dining corridor, tenants enjoy built-in lifestyle convenience, while AC Transit and BART access just minutes away make commuting effortless. With a proven income stream and built-in demand, this is an unbeatable opportunity for investors seeking stability, growth, and long-term appreciation.
Property Details
Price:
$1,950,000
MLS #:
41085089
Status:
Active
Baths:
0
Address:
1724 La Vereda Road
Type:
Residential Income
Subtype:
Quadruplex
City:
Berkeley
Listed Date:
Feb 7, 2025
State:
CA
ZIP:
94709
Lot Size:
5,000 sqft / 0.11 acres (approx)
Year Built:
1929
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Schools
Interior
Appliances
Gas Water Heater
Flooring
Wood, Tile, Vinyl
Heating
Natural Gas, Wall Furnace
Exterior
Lot Features
Sloped Down, Yard
Parking Spots
0.00
Roof
Shingle
Sewer
Public Sewer
View
City Lights, Trees/ Woods, Hills, Lake
Financial
Association Fee
0.00
Map
Community
- Address1724 La Vereda Road Berkeley CA
- CityBerkeley
- CountyAlameda
- Zip Code94709-1023
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1724 La Vereda Road
Berkeley, CA
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