Active
2377 Virginia Street
Berkeley CA, 94709
$2,599,000
$704.34 per sqft
Active
3,690 sqft
Multi-family
Built in 1929
To access marketing package copy/paste: https://bit.ly/kitehillre. 2377 Virginia Street in Berkeley is a rare opportunity for investors looking for a charming 7-unit building in a prime location. The building is located in the desirable Northside neighborhood, just 2 blocks to the most prestigious university, the University of California, Berkeley. The building is situated on a quiet tree-lined street and offers (5) 1 bedroom units and (2) studios many of which have exposed wood giving an extraordinary living experience to tenants. The building comprises a 4-unit in the front and a triplex in the back, 3 tandem off-street parking spaces and unlimited storage options (all delivered vacant). Additionally, the building offers 2 units delivered vacant, one of them being a 1 bed 1 bath owners unit. This unit is a unique and beautiful unit with skylights and handcrafted woodwork in the unit, and has 2 large spacious decks perfect for entertaining. There is an opportunity to create a laundry room under the owners unit as it has plumbing retrofitted for the washer and dryer. The property offers strong in-place cash flow of $15,270 est per month (when 100% occupied) and for extra income there are 7 storage spaces and 3 off street parking spaces all delivered vacant at close of escrow.
41047559
MLSⓇ ID
January 15, 2024
Listed
May 9, 2024
Updated
Map
2377 Virginia Street
Berkeley CA, 94709
Interior Features
Interior Features
Storage
Floor Description
Wood
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.14 Acres
Exterior Features
Garden, Greenbelt
Lot Features
Regular, Paved
Other Property Details
Area Name
Berkeley
Garage
No
Parking
Tandem
View
No
County
Alameda
Pool
No
Buyer Agency Compensation
2%
Listed by Jatin Mehta with Pellego
Listing Contact: 949-929-9562
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