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2480 Virginia Street

Berkeley, CA 94709

11 beds
– baths
7,142 sqft
7,350 sqft lot
$592 per sqft
1949 build
– on site

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.

Listing courtesy of SFMLS / CBRE

Last checked: Checking… • Last updated Oct 28, 2024 •

MLS# 424075266 —

The Building

Year Built:

1949
Year Built Source:

Assessor Agent-Fill
New Construction:

false
Levels:

Two
Stories Total:

2
Stories:

2
Roof:

Asphalt
Basement:

Partial
Patio And Porch Features:

Balcony/Deck
Building Area Total:

7142
Building Area Units:

Square Feet
Building Area Source:

Not Verified

Interior

Flooring:

Tile
Laundry Features:

Coin Operated

Room Dimensions

Living Area:

7142
Living Area Units:

Square Feet
Living Area Source:

Not Verified

Location

Cross Street:

Euclid Avenue
Latitude:

37.8775754
Longitude:

-122.2608248

The Property

Parcel Number:

058219300101
Property Type:

Residential Income
Property Sub Type:

Multi Family
Property Condition:

Fixer
Lot Features:

Other
Lot Size Area:

7350
Lot Size Acres:

0.1687
Lot Size Square Feet:

7350
Lot Size Units:

Square Feet
Irrigation Water Rights:

false
Elevation Units:

Feet

Listing Agent

Contact info:

Beds

Bedrooms Total:

11

Heating & Cooling

Heating:

Gas
Heating:

true
Cooling:

false
Cooling:

None

Utilities

Gas:

Separate Meter
Electric:

Separate Meter
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Free-Standing Freezer

The Community

Association:

false

Parking

Garage:

false
Carport:

true
Parking Total:

8
Parking Features:

Carport
Covered Spaces:

8
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/21/24 Oct 21, 2024	Listed / Active	SFMLS	$4,235,000

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This multifamily located in Daleys Scenic Park, Berkeley, CA 94709 is currently for sale for $4,235,000. 2480 Virginia Street is a 7,142 square foot multifamily with 11 beds and – baths that has been on Estately for 62 days. 2480 Virginia Street is in the Daleys Scenic Park neighborhood of Berkeley and has a WalkScore® of 87, making it very walkable. This multifamily is in the attendance area of Cragmont Elementary School, Malcolm X Elementary School, Berkeley Arts Magnet, Berkeley High School, Willard Middle School, Washington Elementary School, and Oxford Elementary School.

Listing Courtesy of: SFMLS and CBRE.

Based on information from the SFMLS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. SFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser SFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.