2477 Virginia ST Berkeley, CA 94709
New
24-unit multifamily property near UC Berkeley with rental upside.
Type:Investment
Property size:
25,644 SFLot size:
0.29 Acres- Added:
- Apr 24, 2026
- Days on Market:
- 5
- Last Refresh:
- Apr 24 at 6:05 pm
Property Features for 2477 Virginia ST
General Information
- Standard status
- Active
- Size
- 25,644 SF
- Lot size
- 0.29 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1964
Listing agent Ryland Montes De Oca (707) 933-6166
Listing office MATTHEWS REAL ESTATE INVESTMENT SERVICES INC. (707) 933-6166
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of MATTHEWS REAL ESTATE INVESTMENT SERVICES INC.
Overview
Berkeley Multifamily Investment Opportunity
Court Royal is a 24-unit multifamily property located in North Berkeley. Constructed in 1964, the 25,644 square foot building is situated on a 0.29-acre lot. The unit mix comprises seven studios, eleven one-bedroom/one-bath units, and six two-bedroom/two-bath units. The property provides 25 secure parking spaces and on-site laundry facilities. The property is fully leased with strong in-place income and potential rental upside of approximately 20-25% through turnover and interior upgrades. The location is minutes from the University of California, Berkeley, and the Gourmet Ghetto. The property has a Walk Score of 83, indicating it is very walkable, and a Bike Score of 57, indicating it is bikeable, and a Transit Score of 60, indicating good transit options. There is strong rental demand from students, faculty, and professionals.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Berkeley
- County
- Alameda
- State
- California
- Longitude
- -122.2613563
- Latitude
- 37.8779592
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 24-unit multifamily property near UC Berkeley with rental upside.
Where is this apartment building located?
The property is located at 2477 Virginia ST Berkeley, CA.
What is the asking price?
The asking price for this property is $7,650,000.
What are key features of this property?
This property features: Strong in‑place income with **20‑25% rental upside potential**.; Seller financing available at 4.50%.; **Prime North Berkeley location**, minutes from UC Berkeley and the Gourmet Ghetto.
