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2466 Virginia St Berkeley, CA 94709

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For Sale
$4,000,000

Well-maintained 18-unit multifamily property near UC Berkeley.

Property size:
13,296 SF

Property Features for 2466 Virginia St

General Information

Standard status
Active
Size
13,296 SF

Building Details

Year built
1929

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Listing Contact
Eymon Binesh
Source: Crexi

Listing Agency: Marcus & Millichap - Palo Alto Listing Agent: Eymon Binesh

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Berkeley Multifamily Asset Near UC

This is an 18-unit multifamily asset located blocks from the University of California, Berkeley. Constructed in 1929, the three-story building has approximately 13,296 square feet of space and is situated on a 6,250 square foot lot. The property features early twentieth-century architectural character, including a textured stucco facade, bay window detailing, and a tiled roofline. The unit mix consists of three studios and fifteen one-bedroom units. Since 2017, the property has undergone over one million dollars in capital improvements, including boiler replacement, roof restoration, full window replacement, driveway reconstruction, exterior repainting, installation of a keypad access system, surveillance cameras, new electrical panels, and new plumbing upgrades. Various interior upgrades such as new flooring and paint have also been completed.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Berkeley
County
Alameda
State
California
Longitude
-122.2613382
Latitude
37.8774446

FAQs

What type of property is this?
Apartment building - Well-maintained 18-unit multifamily property near UC Berkeley.
Where is this apartment building located?
The property is located at 2466 Virginia St Berkeley, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: - Delivered 100% vacant, offering immediate income potential or redevelopment opportunities.; - Located blocks from the University of California, Berkeley, ensuring high tenant demand.; - Over $1 million in capital improvements since 2017, including boiler replacement, roof restoration, full window replacement, driveway reconstruction, exterior repainting, keypad access system, surveillance cameras, new electrical panels, and interior upgrades.
More about this property
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