NOT LISTED FOR SALE

2480 Virginia St Berkeley, CA 94709

North Berkeley Neighborhood
11 Beds
-- Bath
7,142 Sq Ft
6,970 Sq Ft Lot

Last Sold February 28, 2025

Last sale price $3,800,000 $532 Per Sq Ft

About This Home

As of February 2025

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.

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Keith Manson

    Seller's Agent in 2025

    Keith Manson

    Cushman & Wakefield

    (415) 244-6300

    4 in this area

    37 Total Sales

    Section Image
  • David Brennan

    Seller Co-Listing Agent in 2025

    David Brennan

    CBRE

    (916) 446-6800

    1 in this area

    2 Total Sales

    Section Image

  • N

    Buyer's Agent in 2025

    Non Member Sales

    Non Multiple Participant

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Map

California Alameda County Berkeley 94709 North Berkeley

2480 Virginia St, Berkeley, CA

This home is located at 2480 Virginia St, Berkeley, CA 94709. 2480 Virginia St is a home located in Alameda County with nearby schools including Berkeley Arts Magnet at Whittier School, Washington Elementary School, and Cragmont Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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