NOT LISTED FOR SALE
4 Beds
-- Bath
4,692 Sq Ft
3,960 Sq Ft

Last Sold February 11, 2021

Last sale price $2,005,000 $427 Per Sq Ft

3,794 Days on Market

Highlights

  • Edwardian Architecture
  • Wood Flooring
  • 2 Car Garage
  • Berkeley Arts Magnet at Whittier School Rated A
  • Central Heating
  • Heating System Uses Steam

About This Home

As of February 2021

2511 Virginia Street is a 6-unit residential income property located in the desirable Northside neighborhood of Berkeley, steps from the UC Campus, Downtown Berkeley, and Gourmet Ghetto shopping & dining. Built in 1929 and owned by the same family for many years, 2511 Virginia is conveniently located near all major Berkeley amenities including local parks, schools, BART & other public transit. The property consists of 4 1BD/1BA units & 2 large studio units. Per Tax Records the building measures 4,692 Sq Ft & is set on a 3,960 Sq Ft lot. There is currently 2-car parking in the garage, which also features an on-site laundry facility and areas for storage for additional income. Heat is provided to the units by a central boiler w/radiators in each unit. All units are separately metered for gas & electricity and the landlord is responsible for water, sewer & garbage. 2511 Virginia presents investors a rare opportunity to acquire a property w/upside potential in a coveted neighborhood.

Last Agent to Sell the Property

Andrew De Vries

Berkshire Hathaway-Franciscan License #01368031 Listed on: 01/08/2021

Berkshire Hathaway-Franciscan

Last Buyer's Agent

Dan Woodworth

WOODWORTH PROPERTIES License #01180992

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,960 Sq Ft Lot

Home Design

  • Edwardian Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,692 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Utilities

  • Central Heating
  • Heating System Uses Steam
  • Separate Meters

Community Details

  • 6 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 058-2197-010-01

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

3,960 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Architectural Style: Edwardian
  • Stories: 2
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Price Per Square Foot: 427.32
  • Square Footage: 4692.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 2.00
  • Independent Parking Spaces: 2

Utilities

  • Heating: Central, Steam

Lot Info

  • Assessor Parcel Number: 058-2197-010-01
  • Lot Features: Garden
  • Lot Size Acres: 0.0909
  • Lot Size Sq Ft: 3960.00
  • Lot Size Units: SqFt
  • Price Per Acre: 22057205.72

Rental Info

  • Tenant Pays: Electricity, Gas

Building Info

  • Number of Units Total: 6

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 13.28
  • 1 Bedroom Rent Range: 2500
  • Two Bedroom Rent Range: 1895
  • Number of Studio Units: 2
  • Separate Meters: Electricity, Gas
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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 List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $2,005,000 +25.4% $427 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/13/2021 01/13/21 Price Changed $1,599,000 0.0% $341 / Sq Ft
01/13/2021 01/13/21 For Sale $1,599,000 -20.2% $341 / Sq Ft
11/21/2010 11/21/10 Off Market $2,005,000 -- --
10/29/2010 10/29/10 Price Changed $1,295,000 -3.7% $276 / Sq Ft
10/19/2010 10/19/10 Price Changed $1,345,000 -3.6% $287 / Sq Ft
09/09/2010 09/09/10 For Sale $1,395,000 -- $297 / 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 $35,197 $2,178,098 $649,452 $1,517,552
2024 $35,197 $2,124,522 $636,720 $1,487,802
2023 $34,453 $2,082,880 $624,240 $1,458,640
2022 $33,788 $2,042,040 $612,000 $1,430,040
2021 $33,436 $1,969,606 $1,051,171 $918,435
2020 $31,488 $1,951,701 $1,040,400 $911,301
2019 $30,053 $1,912,553 $1,020,000 $892,553
2018 $13,558 $574,649 $191,198 $383,451
2017 $13,041 $563,258 $187,450 $375,808
2016 $12,295 $552,240 $183,776 $368,464
2015 $12,086 $543,965 $181,016 $362,949
2014 $12,227 $533,334 $177,470 $355,864
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 511952

San Francisco Association of REALTORS®
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