Seller's Agent in 2025
Keith Manson
Cushman & Wakefield
(415) 244-6300
5 in this area
38 Total Sales
2480 Virginia St Berkeley, CA 94709
North Berkeley Neighborhood
11
Beds
--
Bath
7,142
Sq Ft
7,350
Sq Ft Lot Lot
Highlights
- Wood Flooring
- Balcony
- Coin Laundry
- Berkeley Arts Magnet at Whittier School Rated A
About This Home
As of February 20252480 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.
Last Agent to Sell the Property
Cushman & Wakefield License #DRE #01490046 Listed on: 10/21/2024
Last Buyer's Agent
Non Member Sales
Non Multiple Participant
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 7,350
Home Design
- Fixer Upper
- Bitumen Roof
Interior Spaces
- 7,142 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Partial Basement
Kitchen
- Free-Standing Gas Oven
- Free-Standing Gas Range
- Microwave
- Free-Standing Freezer
Flooring
- Wood
- Tile
- Vinyl
Parking
- 8 Parking Spaces
- Carport
- Off-Street Parking
Utilities
- Wall Furnace
- Heating System Uses Gas
- Separate Meters
Additional Features
- Balcony
- 7,350 Sq Ft Lot
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 058-2193-001-01
Community Details
Building Details
- 2 Leased Units
- 6 Vacant Units
Additional Features
- 8 Units
- Coin Laundry
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $3,800,000 | -10.3% | $532 / Sq Ft |
| 02/05/2025 02/05/25 | Pending | -- | -- | -- |
| 10/21/2024 10/21/24 | Price Changed | $4,235,000 | -2.1% | $593 / Sq Ft |
| 10/21/2024 10/21/24 | For Sale | $4,325,000 | -- | $606 / Sq Ft |
Source: San Francisco Association of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,279 | $564,225 | $418,360 | $145,865 |
| 2024 | $1,279 | $553,164 | $410,158 | $143,006 |
| 2023 | $1,229 | $542,318 | $402,116 | $140,202 |
| 2022 | $1,113 | $0 | $394,232 | $137,453 |
| 2021 | $18,229 | $521,261 | $386,503 | $134,758 |
| 2020 | $1,050 | $524,684 | $382,540 | $142,144 |
| 2019 | $1,022 | $514,569 | $375,040 | $139,529 |
| 2018 | $991 | $504,654 | $367,688 | $136,966 |
| 2017 | $779 | $494,096 | $360,480 | $133,616 |
| 2016 | $13,111 | $477,401 | $353,412 | $123,989 |
| 2015 | $682 | $470,243 | $348,105 | $122,138 |
| 2014 | $1,031 | $461,048 | $341,287 | $119,761 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Manson
-
David Brennan
Seller Co-Listing Agent in 2025
David Brennan
CBRE
(916) 446-6800
2 in this area
3 Total Sales
-
N
Buyer's Agent in 2025
Non Member Sales
Non Multiple Participant
Map
Source: San Francisco Association of REALTORS®
MLS Number: 424075266
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