2377 Virginia Street in Berkeley is a rare opportunity for investors looking for a charming 7-unit building in a prime location. The building is located in the desirable Northside neighborhood, just 2 blocks to the most prestigious university, the University of California, Berkeley. The building is situated on a quiet tree-lined street and offers (5) 1 bedroom units and (2) studios many of which have exposed wood giving an extraordinary living experience to tenants. The building comprises a 4-unit in the front and a triplex in the back, 3 tandem off-street parking spaces and unlimited storage options (all delivered vacant). Additionally, the building offers 2 units delivered vacant, one of them being a 1 bed 1 bath owners unit. This unit is a unique and beautiful unit with skylights and handcrafted woodwork in the unit, and has 2 large spacious decks perfect for entertaining. There is an opportunity to create a laundry room under the owners unit as it has plumbing retrofitted for the washer and dryer. The property offers strong in-place cash flow of $15,270 est per month (when 100% occupied) and for extra income there are 7 storage spaces and 3 off street parking spaces all delivered vacant at close of escrow.
Property Details
Property Features
Property Information:
Year Built: 1929
Listing Office:
Office Name: Pellego
Office Phone: (949) 394-0149
Listing Agent: Jatin Mehta
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: None
Other
Directions Information:
Directions: Google Maps Cross Street: Hilgard Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $2,599,000
Tax Information:
Annual Amount: $13,073
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Berkeley, CA.
This property is $1.2M more than the Median Sold Price in Berkeley, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #41047549
Listing Office:
Office Name: Pellego
Office Phone: (949) 394-0149
Listing Agent: Jatin Mehta
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/27/2024, 10:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 08, 2011
Feb 08, 2011Home Sold
$349,000
Oct 04, 1994
Oct 04, 1994Home Sold
$17,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$13,073
$618,000
2020
$13,073
$611,665
2019
$12,004
$599,676
2018
$11,469
$587,921
2017
$11,469
$576,397
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Berkeley Arts Magnet At Whittier
1645 Milvia St
Distance between this listing and this school0.43 miles
Public Magnet Grades KG-5
7
/10
Oxford Elementary School
1130 Oxford St
Distance between this listing and this school0.73 miles
Public District Grades KG-5
6
/10
Washington Elementary School
2300 Martin Luther King Jr Way
Distance between this listing and this school0.94 miles
Public District Grades KG-5
Nearby Schools
7
/10
Martin Luther King Middle School
1781 Rose St
Distance between this listing and this school0.79 miles
Public District Grades 6-8
9
/10
Willard Middle School
2425 Stuart St
Distance between this listing and this school1.28 miles
Public District Grades 6-8
6
/10
Longfellow Arts and Technology Middle School
1500 Derby St
Distance between this listing and this school1.57 miles
Public District Grades 6-8
Nearby Schools
7
/10
Berkeley High School
1980 Allston Way
Distance between this listing and this school0.78 miles
Public District Grades 9-12
2
/10
Realm Charter High School
2023 8th St
Distance between this listing and this school1.87 miles
Public Charter Grades 9-12
9
/10
Albany High School
603 Key Route Blvd
Distance between this listing and this school2.03 miles
The neighbors living near this home have an average income of $83,059. The majority of Berkeley, CA residents have income between $100k-200k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2377 Virginia St
What is the listing price of this property?
The listing price of 2377 Virginia St property is $2,599,000.
What type of property is this?
The property 2377 Virginia St is a house located in Berkeley, California, 94709.
Is this property for sale now?
Active Listing: 2377 Virginia St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $13,073 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 8, 2011 for $349,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 2377 Virginia St is 1929.
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This home is located at 2377 Virginia St in Berkeley, CA and zip code 94709 in the Berkeley Hills neighborhood. This home, which was built in 1929, sits on a 0.14 acre lot. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $2,599,000.
Berkeley, CA housing market in March 2024 saw over 34 listings sold above listed price, more than 4 sold at listed price and over 7 sold below. In March 2024 in Berkeley, CA there were 32.7% more homes for sale than in February 2024. In March 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $1,388,000.
From Rocket Homes Real Estate and based on county public records data.