2366 Virginia St, Berkeley, CA 94709

$3,000,000
12
BD
4,135
SqFt

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Listed by Xiuju Sun, (626) 500-7082 from Compass
(If provided) CoList: from

Sold listing courtesy of Xiuju Sun from OBOALNP 03

Sold Price
$3,000,000
List Price
$2,699,999
Closing Date
Feb 07, 2025
MLS#
EB41076991
Status
SOLD
Sqft. of Residence
4,135
Lot Size
6,250
Listing Area
Berkeley Map Area 1

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.

Additional Information

Acres
0.14
Age
105
Amenities
None
Cooling System
Air Conditioning - None
Days On Market
Unknown
Exterior Features
Stucco, Wood Shingles
Floor Covering
Tile, Wood
Garage Parking
Off-Street Parking
Heating System
Wall Furnace
Laundry Facilities
Washer, Dryer
Living Area
4,135
Lot Description
Regular
Lot Size
6,250
Neighborhood
Berkeley Map Area 1
Numberof Units
4
Roof
Rolled Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes

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