- For Sale $2,599,000
- Property Type Multi-Family
- Property Size 3,690 SF
- Units 7
- Lot Size 0.14 Acre
- Property Tenancy Multi-Tenant
- Year Built 1929
- Year Renovated 2023
- Date Updated Apr 30, 2024
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- Excellent Unit Mix: The front 4-unit building features (4) 1-bedroom units, while the rear triplex offers (1) 1-bedroom unit and (2) intimate studios.
- Two Units Delivered Vacant: The highly coveted owner's unit in the back triplex will be delivered vacant. This unique 1-bedroom/1-bath residence showcases exquisite handcrafted woodwork and two expansive decks that invite abundant natural light.
- Strong Cash Flow: Anticipate a projected gross rental income of $14,970 per month when the property is fully occupied, ensuring a lucrative investment opportunity.
- Off-Street Parking: 3 tandem off-street parking spaces nestled in the driveway on the right side of the property, ensuring hassle-free parking for residents.
- 7 Storage Units: The front building boasts 4 cubbies, while the rear triplex features 3 storage closets—all delivered vacant, ready for the new owner’s use.
- On-Site Laundry: The new owner can elevate resident convenience with an option to install a dedicated laundry room beneath the owner's unit, complete with available hookups for a seamless laundry experience.
- Low Maintenance: With over 40 years of ownership, the current proprietor has undertaken numerous capital improvements, ensuring that the property is poised for a seamless transition to a new owner who will require minimal maintenance.
- Cost-Efficient Operations: The property features separate metering for gas and electric, allowing tenants to cover their individual utility costs.
- Prime Location: Ideally situated with a walk score of 91, 2377 Virginia Street is a short stroll from UC Berkeley and surrounded by an array of delightful restaurants, shops, and bars, the location adds to the property's allure and convenience.
False
Contacts
Jatin Mehta
Kite Hill Real Estate
(949) 929-9562
Location
Getting Around
-
Walk Score ®
Very Walkable (88) -
Transit Score ®
Good Transit (65) -
Bike Score ®
Very Bikeable (73)
- City Berkeley, CA
- Neighborhood North Berkeley
- Zip Code 94709
- Market Bay Area
Points of Interest
-
Downtown Berkeley
0.59 miles
-
North Berkeley
1.14 miles
-
Ashby
1.75 miles
-
Berkeley
2.18 miles
-
Redwood Valley Railway
2.20 miles
-
Rockridge
2.37 miles
-
El Cerrito Plaza
2.61 miles
-
Emeryville
3.01 miles
-
MacArthur
3.39 miles
-
Orinda
4.34 miles
-
#1 Gas
0.64 miles
-
Valero
0.72 miles
-
Shell
0.77 miles
-
Chevron
0.82 miles
-
Chevron
1.14 miles
-
76
1.27 miles
-
Shell
1.43 miles
-
Chevron
1.48 miles
-
Berkeley Gas & Smog
1.58 miles
-
Coast
1.67 miles
-
Lower Hearst Structure
0.19 miles
-
Genetics Underground Garage
0.31 miles
-
Upper Hearst Parking Structure
0.35 miles
-
University Hall West Lot
0.47 miles
-
Dwinelle Lot
0.48 miles
-
E
0.52 miles
-
D
0.55 miles
-
Bowles Lot
0.60 miles
-
G3
0.60 miles
-
H2
0.61 miles
-
Banh Mi and Rolls Factory
0.19 miles
-
La Burrita
0.20 miles
-
Bollywood Cafe
0.20 miles
-
La Val's Pizza
0.21 miles
-
Stuffed Inn
0.21 miles
-
Bongo Burger
0.22 miles
-
Xpression
0.23 miles
-
Seoul hotdog
0.23 miles
-
Aki's
0.24 miles
-
Camille
0.24 miles
-
Pacific School of Religion
0.07 miles
-
Starr King School for Ministry
0.08 miles
-
Graduate Theological Union
0.11 miles
-
Church Divinity School of the Pacific
0.12 miles
-
Montessori Family School
0.19 miles
-
Jesuit School of Theology at Berkeley
0.25 miles
-
Dominican School of Philosophy and Theology
0.26 miles
-
The Institute for Time and Reality
0.29 miles
-
Hillside School
0.31 miles
-
Goldman School of Public Policy
0.31 miles
-
The Berkeley School Early Childhood Center
0.38 miles
-
Haste Street Child Development Center
0.82 miles
-
Jones Child Study Center
0.83 miles
-
Dwight Way Child Development Center
0.88 miles
-
Gay Austin School
1.04 miles
-
Dandelion Nursery School
1.16 miles
-
Woolly Mammoth
1.18 miles
-
Preschool Montessori
1.47 miles
-
Bright Star Montessori
1.57 miles
-
South YMCA
1.74 miles
Contact Listing Broker
Jatin Mehta
Kite Hill Real Estate
(949) 929-9562