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Listed by Jimmy Castellanos • Marcus & Millichap, DRE#02024152
$ 4,000,000
Est. payment /mo
Pending
2466 Virginia ST Berkeley, CA 94709
1 Bed
1 Bath
13,296 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 13,296 sqft
Price per Sqft $300
MLS Listing ID ML82038063
Bedrooms 1
Full Baths 1
Year Built 1929
Lot Size 6,250 Sqft
Property Sub-Type Five or More Units
Property Description
Delivered 100% vacant! Owned and managed by renowned Silicon Valley University. Marcus & Millichap is proud to present 2466 Virginia Street, a well maintained 18-unit multifamily asset located just blocks from the University of California, Berkeley. Originally constructed in 1929, this three-story building spans approximately 13,296 square feet and sits on a 6,250 square foot lot. The property showcases classic early twentieth century architectural character, including a textured stucco facade, bay window detailing, and a tiled roofline that reflects Berkeley's historic charm. The unit mix consists of three studios and fifteen one-bedrooms. Since 2017, ownership has invested over One Million Dollars in capital improvements, materially strengthening the property's infrastructure and overall condition. Improvements include boiler replacement, roof restoration, full window replacement, driveway reconstruction, exterior repainting, installation of a keypad access system, surveillance cameras, new electrical panels, new plumbing upgrades (old pipes still are present) and various interior upgrades such as new flooring and paint.
Location
State CA
County Alameda
Area Berkeley Map Area 1
Zoning R-3H
Interior
Heating Electric
Cooling Ceiling Fan
Flooring Carpet
Exterior
Parking Features On Street
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 58-2193-14
Security Features Controlled / Secured Access,Video / Audio System
Special Listing Condition Not Applicable
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