2477 Virginia ST Active

Berkeley,CA 94709

$ 8000000

- Bed

0 Bath

25644 SqFt


Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 25,644 sqft

Price per Sqft $311

Subdivision North Berkeley

MLS Listing ID 41116678

HOA Y/N No

Year Built 1964

Lot Size 0.287 Acres

Acres 0.29

Property Sub-Type OTHER

Property 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-oriented leasing strategies. For additional financial details and property information, contact us to receive the full Offering Memorandum.

Location

State CA

County Alameda

Rooms

Basement None

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Fireplace No

Laundry Common Area,In Garage

Exterior

Exterior Feature No Yard

Utilities Available Water/Sewer See Remarks

Building

Lot Description Private

New Construction No

Others

Tax ID 5821946

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