
Seller's Agent in 2023
Grant Chappell
Nai Northern California
(510) 336-4721
1 in this area
31 Total Sales
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.
Home Type
Year Built
Lot Details
Parking
Utilities
Additional Features
Listing and Financial Details
Overview
Amenities
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/04/2025 02/04/25 | Off Market | $3,100,000 | -- | -- |
12/04/2023 12/04/23 | Sold | $3,100,000 | +3.3% | $423 / Sq Ft |
10/02/2023 10/02/23 | Pending | -- | -- | -- |
09/13/2023 09/13/23 | For Sale | $3,000,000 | -- | $410 / Sq Ft |
Seller's Agent in 2023
Grant Chappell
Nai Northern California
(510) 336-4721
1 in this area
31 Total Sales
Source: bridgeMLS
MLS Number: 41038947