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Listed by: Ryland Montes De Oca (707) 933-6166 DRE #02251169 | Matthews Real Estate Investment Services Inc. (866) 889-0550
$8,000,000
-- Bed
- -- Bath
--sqft
2477 Virginia St, Berkeley, CA 94709
$8,000,000
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Multi Family
Built in 1964
$-- HOA
12,500 sqft lot
--/sqft
Description
Prime North Berkeley Location: Located in the heart of Berkeley’s highly sought-after Northside neighborhood. Seller Financing Available at 4.50% (Short Term or Long Term). Attractive Physical Asset: Built in 1964, the ±25,644 SF building sits on a ±0.29-acre lot with 25 secure parking spaces. 24-Unit Multifamily Investment: Caters to a wide tenant base, ensuring steady occupancy and long-term rent growth. Value-Add Opportunity: With current average rents approximately 20–25% below market, investors can capitalize on organic rent growth. Favorable Unit Sizes: Large average unit size of ±1,068 SF provides flexibility for future renovations or student-oriente...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1964
HOA Fees
-
Finished Area
- sqft
Lot Size
12,500 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41116678
MLS Status
Active
Days on Market
31
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