Active

2377 Virginia Street

Berkeley CA, 94709

$2,599,000


$704.34 per sqft

Active

3,690 sqft

Multi-family

Built in 1929

2377 Virginia Street in Berkeley is a rare opportunity for investors looking for a charming 7-unit building in a prime location. The building is located in the desirable Northside neighborhood, just 2 blocks to the most prestigious university, the University of California, Berkeley. The building is situated on a quiet tree-lined street and offers (5) 1 bedroom units and (2) studios many of which have exposed wood giving an extraordinary living experience to tenants. The building comprises a 4-unit in the front and a triplex in the back, 3 tandem off-street parking spaces and unlimited storage options (all delivered vacant). Additionally, the building offers 2 units delivered vacant, one of them being a 1 bed 1 bath owners unit. This unit is a unique and beautiful unit with skylights and handcrafted woodwork in the unit, and has 2 large spacious decks perfect for entertaining. There is an opportunity to create a laundry room under the owners unit as it has plumbing retrofitted for the washer and dryer. The property offers strong in-place cash flow of $15,270 est per month (when 100% occupied) and for extra income there are 7 storage spaces and 3 off street parking spaces all delivered vacant at close of escrow.

41047549

MLS ID

January 15, 2024

Listed

May 9, 2024

Updated

Map

2377 Virginia Street
Berkeley CA, 94709

Interior Features

Interior Features

Storage


Floor Description

Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.14 Acres


Exterior Features

Garden, Greenbelt


Lot Features

Regular, Garden, Paved


Sewer

Public Sewer

Other Property Details

Area Name

Berkeley


Garage

No


Parking

Tandem


View

No


County

Alameda


Pool

No


Buyer Agency Compensation

2%

Listed by Jatin Mehta with Pellego
Listing Contact: 949-929-9562 

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