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.
Property Details
Price:
$2,699,999
MLS #:
41076991
Status:
Active
Baths:
0
Address:
2366 Virginia St
Type:
Residential Income
Subtype:
Quadruplex
City:
Berkeley
Listed Date:
Oct 19, 2024
State:
CA
ZIP:
94709
Lot Size:
6,250 sqft / 0.14 acres (approx)
Year Built:
1920
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Schools
Interior
Flooring
Tile, Wood
Heating
Wall Furnace
Exterior
Lot Features
Front Yard
Parking Features
Street
Parking Spots
3.00
Roof
Composition
Sewer
Public Sewer
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address2366 Virginia St Berkeley CA
- CityBerkeley
- CountyAlameda
- Zip Code94709
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2366 Virginia St
Berkeley, CA
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