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2520 Regent St, Berkeley, CA 94704
$3,100,000
2520 Regent St, Berkeley, CA 94704View this property at 2520 Regent St, Berkeley, CA 94704
2520 Regent StBerkeleyCA94704
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Property Description
New to market, 2520 Regent Street, an ideally-located, 8-unit student housing asset, located 0.3 miles from the center of campus. The three-story building sits on ~3,930 SF of land with R-3 Zoning and consists of five (5) 1bd/1ba units; one (1) 2bd/1ba unit; and two (2) 2bd/2ba units. Due to location and property management, the building boasts an excellent tenant profile, all having moved in within the last three years, allowing a value-add investor or developer to be confident in the ability to work on parts or all of the building as tenants will likely turn over in the spring. The property offers two compelling but not mutually exclusive options of either capturing future rent growth due to the location and expanding student population next to a top-rated university or explore development options. 2520 Regent is steps off of the corner of the infamous Telegraph Avenue, a main thoroughfare for students with a rich Berkeley history, and Dwight. The subject property is 0.3 miles or just over four (4) short blocks from the center of campus and a 1.0 mile from Target and the Downtown BART, allowing students to cover most of their needs without a car.
Full Property Details
Full Property Details for 2520 Regent St
General
- Sold For: $3,100,000
- Status: Closed
- Type: Commercial Residential Facility
- MLS ID: 41038947
- Added to Site: 250 day(s) ago
Interior
- Interior Features: Other
- Flooring: Other
Rooms
Other Rooms
- Laundry: Coin Operated, Coin Operated
Parking
- Parking Features: Security Garage
Location
- Area: Listing
- County: Alameda
- Driving Directions: Dwight to Regent
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Water: Water District
Structural Information
- Exterior Const.: Other
- Roof: Bitumen
- Living Area: 7,324 Sq. Ft.
- Year Built: 1968
Lot Features
- Property View: Other
- Lot Size (Acres): 0.09
- Lot Dimensions: 3930
- Lot Features: Level
- Lot Description: Level
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $410
- Terms: Conventional
Disclosures and Reports
- Property ID: 551839151
Listed and Sold by NAI Northern California, Grant Chappell
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Schools
Schools serving 2520 Regent St
School District:Berkeley Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2800 Forest Ave, Berkeley, CA 94705 | K-5 | 0.5 mi | |
2840 Ellsworth St, Berkeley, CA 94705 | K-5 | 0.5 mi | |
2955 Claremont Ave, Berkeley, CA 94705 | K-5 | 0.9 mi | |
2425 Stuart St, Berkeley, CA 94705 | 6-8 | 0.3 mi | |
1980 Allston Way, Berkeley, CA 94704 | 9-12 | 0.8 mi | |
1731 Prince St, Berkeley, CA 94703 | K-5 | 1.2 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 2520 Regent St
Date
Details
Price
Change
Source
12/04/2023
Sold
$3,100,000
3.33%
MLS
9/13/2023
Listed
$3,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2520 Regent St, Berkeley, CA 94704 (MLS# 41038947) is a Commercial Residential Facility property that was sold at $3,100,000 on December 04, 2023. Want to learn more about 2520 Regent St? 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.