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2377 Virginia Street, Berkeley, CA 94709
$2,599,000
2377 Virginia Street, Berkeley, CA 94709View this property at 2377 Virginia Street, Berkeley, CA 94709
2377 Virginia StreetBerkeleyCA94709
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Property Description
2377 Virginia Street in Berkeley is a rare opportunity for investors looking for a charming 7-unit building in a prime location. The building is located in the desirable Northside neighborhood, just 2 blocks to the most prestigious university, the University of California, Berkeley. The building is situated on a quiet tree-lined street and offers (5) 1 bedroom units and (2) studios many of which have exposed wood giving an extraordinary living experience to tenants. The building comprises a 4-unit in the front and a triplex in the back, 3 tandem off-street parking spaces and unlimited storage options (all delivered vacant). Additionally, the building offers 2 units delivered vacant, one of them being a 1 bed 1 bath owners unit. This unit is a unique and beautiful unit with skylights and handcrafted woodwork in the unit, and has 2 large spacious decks perfect for entertaining. There is an opportunity to create a laundry room under the owners unit as it has plumbing retrofitted for the washer and dryer. The property offers strong in-place cash flow of $15,270 est per month (when 100% occupied) and for extra income there are 7 storage spaces and 3 off street parking spaces all delivered vacant at close of escrow.
Full Property Details
Full Property Details for 2377 Virginia St
General
- Price: $2,599,000
- Status: Active
- Type: Commercial Residential Facility
- MLS ID: 41047549
- Updated: 1/19/2024
- Added to Site: 112 day(s) ago
Interior
- Interior Features: Storage
- Flooring: Wood
Exterior
- Exterior Features: Garden, Greenbelt
Parking
- Parking Features: Tandem
Location
- Area: Listing
- County: Alameda
- Driving Directions: Google Maps
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Utility Description: Wired For Cable TV, Individual Electric Meter, Individual Gas Meter
Structural Information
- Exterior Const.: Wood
- Roof: Flat
- Year Built: 1929
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: 6250
- Lot Features: Regular, Garden, Paved
- Lot Description: Regular, Garden, Paved
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $704
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Property ID: 058 218701300
Listed by Pellego, Jatin Mehta
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Schools
Schools serving 2377 Virginia St
School District:Berkeley Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2015 Virginia St, Berkeley, CA 94709 | K-5 | 0.4 mi | |
1130 Oxford St, Berkeley, CA 94707 | K-5 | 0.7 mi | |
2300 Martin Luther King Jr Way, Berkeley, CA 94704 | K-5 | 0.9 mi | |
2425 Stuart St, Berkeley, CA 94705 | 6-8 | 1.2 mi | |
1980 Allston Way, Berkeley, CA 94704 | 9-12 | 0.8 mi | |
830 Regal Rd, Berkeley, CA 94708 | K-5 | 1.2 mi | |
1731 Prince St, Berkeley, CA 94703 | K-5 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2377 Virginia St
Date
Details
Price
Change
Source
1/15/2024
Listed
$2,599,000
644.7%
MLS
1/24/2011
Sold
$349,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2377 Virginia St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,476
3%
$642,964
2%
2022
$14,102
—
$630,359
2%
2021
$14,051
7%
$618,000
1%
2020
$13,073
7%
$614,371
2%
2019
$12,274
2%
$599,676
2%
2018
$12,004
5%
$587,921
2%
2017
$11,469
5%
$576,397
2%
2016
$10,921
2%
$565,097
2%
2015
$10,751
-1%
$556,611
2%
2014
$10,886
—
$545,710
—
2013
$10,842
—
$543,245
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2377 Virginia St
2377 Virginia Street, Berkeley, CA 94709 (MLS# 41047549) is a Commercial Residential Facility property. 2377 Virginia Street is currently listed for $2,599,000 and was received on January 15, 2024. Want to learn more about 2377 Virginia Street? Do you have questions about finding other Commercial Residential Facility real estate for sale in Berkeley? You can browse all Berkeley real estate or contact a Coldwell Banker agent to request more information.