CA > Berkeley
Berkeley, CA 94709,2366 Virginia St
Berkeley, CA 94709,2366 Virginia St
Berkeley, CA 94709,2366 Virginia St
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

The Warburton Team

+1(626) 630-2141
$2,699,999
Est. payment /mo
6,250 Sqft Lot
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UPDATED:

01/17/2025 10:39 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 41076991

HOA Y/N No

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

Flooring Tile, Wood

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features On Street

Roof Type Composition

Total Parking Spaces 3

Building

Lot Description Front Yard

Sewer Public Sewer

Others

Tax ID 5821887

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Read Less Info
California Regional MLS (CRMLS)
Listed by Xiuju Sun • Compass

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