Property Details
About this Property
2480 Virginia St presents an exceptional opportunity to acquire a value-add apartment building located in the coveted Northside/Hilltop neighborhood of Berkeley, CA. The property is situated just 3 blocks from UC Berkeley, the # 1 public school is the United States. Built in 1949, this 7,142 SF structure is comprised of 8 apartment units spanning 2 stories. The building is situated on a 7,350 SF / 0.17 acre lot and features tuck-under parking for 8 vehicles, a storage room with 8 private storage closets, and an on-site laundry facility. The property boasts a mix of 5 1-bed units & 3 2-bed units, one of which features a private balcony. The units are large with an avg. unit size of 819 SF and present an opportunity to increase the bedroom count. The tuck-under parking, storage room, and laundry facility provide an opportunity to complete accessory dwelling unit (ADU) conversions to increase the unit count. As of the 2024 Fall semester, there are nearly 45,900 students enrolled at UC Berkeley, and the university can only provide housing for approximately 25% of the student population. With UC Berkeley experiencing a steady increase in student enrollment and a significant shortage of student housing, there's high demand for modern accommodations with student-focused amenities.
MLS Listing Information
MLS #
SF424075266
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
15
Interior Features
Kitchen
Varies by Unit
Appliances
Freezer, Microwave, Oven - Gas, Oven Range - Gas
Flooring
Tile, Varies by Unit, Vinyl, Wood
Laundry
Coin Operated
Cooling
None
Heating
Gas, Wall Furnace
Exterior Features
Roof
Bitumen
Style
Flat
Parking, School, and Other Information
Garage/Parking
Carport, Covered Parking, Off-Street Parking, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Contact Information
Listing Agent
Keith Manson
CBRE
License #: 01490046
Phone: (510) 874-1919
Co-Listing Agent
Zachary Greenwood
License #: 01960296
Phone: (510) 874-1918
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2480 Virginia St is a Residential Income in Berkeley, CA 94709. This 7,142 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,235,000 and was built in 1949. This address can also be written as 2480 Virginia St, Berkeley, CA 94709.
©2024 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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This listing information is up-to-date as of October 21, 2024. For the most current information, please contact Keith Manson, (510) 874-1919
