2366 Virginia St

Berkeley, CA 94709

$2,699,999

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1920

calendar_month Built

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.

Listing Information

List Price $2,699,999
Status Active
MLS 41076991
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1920
Lot Size 6,250
Structure Size N/A
DOM 11
Courtesy Of Compass
Listing Agent Xiuju Sun DRE#01945799

Interior Features

Total Bedroom
Bedrooms N/A
Flooring Information
Material Tile, Wood

Exterior Information

Maps

Listing information courtesy of: Xiuju Sun, Compass 626-500-7082. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 30th, 2024 at 9:53 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.