CA > Berkeley > North Berkeley
Berkeley, CA 94709,2477 Virginia ST
Berkeley, CA 94709,2477 Virginia ST
Berkeley, CA 94709,2477 Virginia ST
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$8,000,000
Est. payment /mo
0.29 Acres Lot
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision North Berkeley

MLS Listing ID 41116678

HOA Y/N No

Year Built 1964

Lot Size 0.287 Acres

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

Interior

Fireplace No

Exterior

Total Parking Spaces 24

Others

Tax ID 5821946

Acceptable Financing Owner May Carry

Listing Terms Owner May Carry

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CRMLS – RECore
Listed by Ryland Montes De Oca Matthews Real Estate Investment Services Inc.
Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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