1724 La Vereda Road
Berkeley, CA, 94709-1023
$1,950,000
Beds
0 Baths
SqFt
0.11 Acres
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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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1724 La Vereda Road
Berkeley, CA